Core systems

Bailed-out insurer upgraded based on the likelihood of regaining independence from the U.S. government.

Research finds splintered group of younger Millennials exhibiting different values on several subjects, including a strong sense of entitlement.

A Gartner survey of IT leaders in North America reported that 81 percent felt that customer retention is extremely important to them with customer acquisition ranking number five out of 10 and expanding relationships with existing customers rating number six out of 10.

“The Customer, Google and UK Car Insurance: Lessons from Evolving Customer Search Behavior” reveals that price comparison tools increase the premium across all insurers. “They make the insurance product about price rather than best fit for the client’s needs,” said report co-author and Celent Analyst Craig Beattie.

To remain relevant in an era of flat budgets and growing business demands, Ken McGee's second-day keynote at Gartners’s Business Intelligence Summit in Los Angeles called for a “CIO manifesto” in order for chief information officers to match the quality of business-initiated projects to the work of IT.

John Paulson enters reinsurance game provided with $500 million of start-up capitalization.

Insurance Institute for Business & Home Safety agrees with Presidential Policy Directive designed to facilitate an integrated, national effort to mitigate risks.

Specialty insurer to automate legal expense management operations over the course of the three-year contract.

The fifth annual index found that 24 percent of respondents tried to resolve their property/casualty insurance issues online before calling their insurers directly compared to 21 percent for health insurance.

Company will pay out a total of $10.6 million to four states for unlicensed activities.

Workers unaware of their health risks and the potential financial impact of those risks, says Aflac report. Six out of 10 workers said it’s not very or not at all likely they or a family member will be diagnosed with a serious illness such as cancer.

As many no-fault states look into changing the laws, Fitch finds that large auto policy underwriters such as State Farm, Progressive and Allstate have reported weaker underwriting results in some of these states.

The Financial Stability Oversight Council can begin the three-stage process of designating firms as systemically important financial institutions.

Specialty trucking insurer aims to shore up claims process by improving its iPhone app.

Amica takes top spot in customer satisfaction rankings as the reputation of U.S. P&C insurers rises in the wake of catastrophe-ridden 2011.

Allianz will still own about five percent of the company, worth approximately $464 million.

While retirement concerns grow, insurers are still struggling to assist with better planning for those concerns.

More than half of all financial advisors increased their recommendations of variable annuities since the credit crisis.

Bailed-out insurer American International Group is looking at the possibility of purchasing whole loans as another investment vehicle, leveraging the growing market share of its mortgage insurance business, the company's chief executive said in an interview with the Financial Times.

Heath insurer, broker report separate shakeups at the executive level.