Core systems

Industry better understands aggregate risk, resulting in increased capacity and competition, notes federal working group.

The financial crisis exposed a weakness in banks' ability to process data; insurers may be interested to learn how their financial services brethren are coping with the problem.

PCI survey finds that 76% of Americans believe their taxes cover the time and services provided by emergency response providers following a traffic accident.

Allstate issues a statement regarding its release on Zodiac signs and accident rates; says signs have absolutely no role in how it bases coverage and sets rates.

Convergence of compliance and audit functions, GRC moving to the cloud, among top initiatives, says vendor.

User experience solution designed to provide enhanced service to distribution channels, beginning with agents and internal users.

Former AIG chairman Harvey Golub says the insurer should eventually be broken up because the firm's main businesses have “no strategic fit between them.”

Allstate compares claims data against zodiac signs; finds Virgos are most likely to get into an accident.

Ninety percent of U.S. business and IT leaders fear they’re using bad data, says Experian QAS analysis.

Observers say the report suffered from a lack of consensus among commissioners, a poor narrative of the crisis and very bad timing.

NBIC completes implementation of PipelineClaims 4.2 software as part of its legacy modernization strategy.

Judge denies insurer’s motion to dismiss case alleging company mishandled claims in the wake of Hurricane Katrina.

Commercial lines carriers face more challenges in 2011, largely due to soft market conditions that persisted throughout the United States in 2010 and are poised to continue into 2011, according to a report published today by insurance broker and risk management advisor Marsh.

Apple nearly doubled the number of total Android activations of phones or tablets for enterprises in 2010, a report finds.

Mark Konen, president of Lincoln Insurance and Retirement Solutions, makes predictions about the year ahead.

A survey says small business decision-makers prefer tech-savvy insurers, but how many carriers currently have the tools in place to win their business?

Despite knowing exactly what their problem points are, less than half of senior executives believe their actions have been very effective, a study says.

Study suggests organizations are not leveraging cloud investments.

To which potential customer are you more likely to extend a policy: one of the subjects of Discovery Channel's Dangerous Catch, or Fred, who's pushing paper all day a few cubes away?

Thanks largely to increased regulation, insurers will demand innovation, transparency and stability from sourcing providers.