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While online resources continue to gain influence over consumers, agents and brokers remain the top resource overall.
October 11 -
Willis report finds weak economy, low underwriting losses and abundant capacity create mix of rates for commercial P&C carriers.
October 11 -
Strong third quarter earnings from P&C insurers is expected by Keefe, Bruyette & Woods.
October 10 -
Insurer looks to e-Discovery software suite to advance its legal, IT infrastructure.
October 10 -
Allianz survey finds those ages 55 to 65 most concerned about rising healthcare costs and Social Security, regardless of political affiliations.
October 10 -
Newly formed Global Federation of Insurance Associations will comment on issues affecting the global insurance industry and its regulation.
October 9 -
Digital signatures brought to the cloud in support of E.U. eSignature laws.
October 9 -
Over the past five years, commercial auto insurance has experienced the most consistent underwriting results compared to other commercial lines and has generated better results than personal auto, despite the difference in the sizes of the markets, according to a new report from Fitch Ratings. Allstate Corp., Erie Insurance Group and Progressive have the strongest commercial auto underwriting margin over the last five years.
October 9 -
UnitedHealth Group Inc., the biggest U.S. health insurance company, agreed to pay about $4.9 billion to buy 90 percent of Amil Participacoes SA, a Brazil-based insurer and hospital chain that gives the American company a stake in the worlds second-biggest emerging economy.
October 9 -
Insurance software solutions provider Dovetail Insurance has won the Palmetto Pillar Award for cloud computing, which is sponsored by the Greater Columbia Chamber of Commerce in conjunction with the Columbia Information Technology Council. The award is intended to honor the Midlands' technology leaders, innovators and IT executives.
October 9 -
Insurer deploys the Toughbook mobile computers in all 50 states, enabling appraisers to write estimates on site and upload reports.
October 5 -
The U.S. property and casualty sector’s profits got a boost in the first half of 2012, largely as a result of underwriting improvements resulting from a quiet catastrophe year to date. According to ISO, a Verisk Analytics company, and the Property Casualty Insurers Association of America (PCI), private U.S. property/casualty insurers’ net income after taxes jumped to $16.4 billion in first-half 2012 from $4.8 billion in first-half 2011. Measuring insurers’ overall profitability as an annualized rate of return, policyholders’ surplus on average climbed to 5.9 from 1.7 percent.
October 4 -
Forecasted savings reached by 90 percent that adopt cloud technology.
October 4 -
More than half of U.S. insurers surveyed expect rise in personal property, workers' compensation and auto insurance fraud losses.
October 4 -
Based on a review of 35 major health plan websites, most issuers are still struggling to provide the Summary of Benefits and Coverage (SBC), even while the SBC provision of the Patient Protection and Affordable Care Act (PPACA) law took effect last week, according to Tyrula LLC. The law requires insurers to provide a paper SBC document within seven days of application, renewal, or the first day of coverage.
October 3 -
Program to provide review of building characteristics, factors that affect a building's wind resistance.
October 3 -
According to one Gartner analyst, precision, personalization and collaboration will motivate a new wave of business analytics.
October 2 -
The Federal Reserve sets January 5 as deadline for insurer to show it can handle severe economic stress.
October 2 -
Subscription service to track and review web resources for 16 providers of defined contribution plans, including ING, New York Life and Principal.
October 2 -
Two-thirds of life/annuity insurers plan to increase spending on analytics in the next two years as they seek to enhance the customer experience.
October 2