Core systems

Based on noncompliance with the Medical Loss Ratio provision of the Affordable Care Act, insurers will pay out rebates to 3.4 million people.

Insurers turn to their peers and attend industry meetings to conduct due diligence about potential business partners, according to study.

Farm Bureau Life Insurance of Michigan is indicating annual savings of $230,000 and full ROI from a claims upgrade implemented less than a year ago. More than a quarter of Farm Bureau’s savings comes from paperless solutions, including eliminating the printing of around 65,000 faxes in the first six months.

“The Hartford Benefits For Tomorrow Study” found that 87 percent of single Americans don’t have enough savings to get through a financial hardship and of that group only 44 percent have insurance to help them, which means 56 percent do not have coverage.

14 insurers, including State Farm, The Hartford and 21st Century, named in Temkin’s 2012 trust ratings.

The Hartford and Liberty Mutual garner top rankings; study concludes that while there are fewer shoppers overall, they are more likely to shop online and switch auto insurance carriers, and self-service can tip the balance.

The 2012 Lockton Market Update predicts that CFOs and risk managers are going to face a difficult pricing environment in coming months as prices for many risks are flat and commercial insurance buyers are battling rising prices and pressure to improve underwriting.

In addition to offering paid internships to business and technology students, Cigna established an innovation lab on campus last year.

Aflac, MetLife, WellPoint and five others announce first-quarter financial results.

The Independent Insurance Agents & Brokers of America presented a number of awards yesterday at the organization's annual conference, including the Woodworth Memorial Award.

Westfield looks to shore up claims systems in support of commercial business growth.

Participant and Policy Owner Portal System to support Lincoln’s executive benefits division.

The Hartford strikes deal with Forethought for annuity business capabilities and will continue selling annuity products during transition period.

Asia/Pacific region spearheads global market growth; Symantec retains its global industry lead.

With higher medical inflation predicted, insurers will need to adapt to changes and address new risks, according to recent Conning research.

Separate studies from Northwestern Mutual and LIMRA find that Americans can’t afford to live, but can’t afford to die, insurers can take action by educating the public about the importance of financial protection and taking personal financial responsibility.

IIABA-backed bill aims to make it easier for agents to apply for licenses across state borders.

4Sight business intelligence product designed to enable users to create reports using ad-hoc reporting tools.

Coalition raises awareness by gathering research and members, lobbies for no-fault reform.

Investment in CRM software experienced a year-over-year increase of 13.5 percent in 2011.