Core systems

QBE, the second largest force-placed insurer, says reductions could save consumers $98 million.

In the wake of Sandy, a study notes how insurers’ are seeing the benefits of embracing risks related to climate change.

CIO survey reveals the IT skills in highest demand such as database management.

Fitch finds the market’s capital position and surpluses remains strong, projects return to underwriting profitability in 2013.

Panel agrees that actuaries must advocate for the tools by presenting potential return-on-investment and other benefits.

Implementation of the web-based platform from ISCS is already under way, according to the mutual insurer.

The insurer has also been raising prices for some retirement products, and benefits from hedges against low interest rates. Kandarian is seeking to exit banking to limit oversight from the Federal Reserve, which rejected his plan to repurchase shares. A deal to sell deposits to General Electric Co. won approval yesterday from the Office of the Comptroller of the Currency.

With more incentive and interactive employer education, millennial workers indicate in new survey that they prioritize retirement savings.

Eight predictions surrounding the future of analytics within the enterprise from Tom Davenport, the International Institute for Analytics' director of research.

Strong balance sheet fundamentals and improved liquidity profile contribute to Fitch Ratings’ stable outlook for the sector.

Insurers are caught in a bind when it comes to business growth and preventing insurance fraud, according to a new report from Forrester, titled “Prevent Insurance Crime With The Four Cornerstones Of Better Fraud Management”; growth nowadays—which means emerging technologies such as mobile and social—inherently presents challenges and open doors to fraud risk.

Stagnant fixed income markets make rebuilding balance sheets challenging for life insurers since the credit crisis, Conning finds.

Accenture's life insurance software platform will be employed to help manage 100,000 life insurance policies.

Aite Group asks P&C claims executives for their perceptions of 14 different software and service categories, including claims management system vendors and claims analytics providers.

Gartner cautions that social, mobile, cloud and information are driving new and different business scenarios that insurers ignore at their own peril.

Upon the closing of the most recent transaction of approximately 234.2 million shares, the U.S. Department of the Treasury will have sold the last of its remaining shares and taken a $22.7 billion profit.

New York Life leads life insurers in customer satisfaction; State Farm and Progressive share the top spot among P&C insurers.

While universal life and whole life product lines surge, interest rates and capital requirements hold down lifetime guarantee universal life premiums.

Estimates from the National Insurance Crime Bureau are holding as the firm identifies and removes thousands of damaged vehicles.

In aggregate, commercial insurance prices increased 6 percent during Q3 2012 compared with the same period last year, according to “Commercial Lines Insurance Pricing Survey (CLIPS),” a survey conducted by Towers Watson. This was the seventh consecutive quarter that aggregate prices for all commercial lines rose.