Core systems

Advocacy group presents New York City as the new hotbed for tech startups and IT careers.

With upgrades, a specialty writer aims for improved speed-to-market and process consistency across lines of business.

Two new studies show that the embrace of existing technologies, such as telematics, could soon have a dramatic effect on the insurance industry.

“Although prices are higher, coverage remains affordable and available on a global scale,” said Bob Hartwig, president of the Insurance Information Institute. “It is a steady and stable environment that includes some risk sensitive increases.”

Berkshire Hathaway cracks top 10 for second year in a row; 14 insurers land in the top 100.

As another deadline approaches for the National Flood Insurance Program, advocacy groups are taking to Capitol Hill this week as Democrats and Republicans attempt to put together an amicable long-term extension before May 31.

New York appeals court calls a lower court "premature" for holding Greenberg and former AIG CFO Howard Smith liable, sets the stage for a trial.

Most workers know little about group disability insurance, but when given information about income protection, the majority say they would opt for the coverage, according to a new study.

Life insurance CIOs need to stay on top of technology trends, initiatives and challenges in the industry. Recently, LOMA asked five CIOs to discuss these, and the group turned the focus to communication and the pervasiveness of IT within companies.

Americans are concerned health care costs not covered by insurance will negatively affect their retirement plans.

Because they underwrite policies differently, perpetual insurers will be analyzed differently than traditional insurers, according A.M Best. The firm’s methodology change, detailed in its “Analyzing Perpetual Insurers” criteria report is not expected to affect ratings and is reflected in the most recent version of “Best’s Credit Rating Methodology (BCRM).”

Underwriting efficiency and accuracy are the goals behind Valen's InsureRight.

While maturity of big data implementations was key to returns, Nucleus Research's review of 58 case studies found an average ROI of 241 percent.

Compared to a year ago, the composite rate for commercial property/casualty and professional lines coverage increased 3 percent in April 2012, according to new research from MarketScout, an insurance distribution and underwriting company.

Progressive Casualty Insurance Company is suing State Farm Mutual Automobile Insurance Company for allegedly infringing on patents related to vehicle monitoring systems and variable insurance rates.

The number of IT jobs in the finance and insurance industry has dropped 0.34 percent, according to a new study.

Horizon BCBSNJ’s facility opens in the summer. The retail center will be staffed by specially-trained personnel to help customers with their health insurance needs, direct them to resources for maintaining a healthy lifestyle and assist them in purchasing health insurance products and services.

Company headquarters in Madison, Wis., endures all but two of the layoffs, which are effective immediately.

A number of insurers, including AIG, The Hartford, Prudential, have released financial results for Q1 2012

InsuranceSuite to support entire range of general insurance business processes, expand service offerings for Guidewire's first Japanese customer.