Core systems

Legacy replacement, mobile applications and better use of analytics are among the issues confronting insurers.

National health insurer Aetna this week announced its formal acquisition of Medicity, a health information exchange technology company from Salt Lake City. The move is seen by many as a proactive approach to meeting health care reform requirements.

Of particular interest for many in 2011 will be mobile, social media and PFM that make for more efficient customer service.

While opinions on how to fix them vary, nobody would dispute that the problems surrounding the National Flood Insurance Program (NFIP) are legion.

Wall Street validates 2010 as a stellar year for insurance shares.

Anecdotal data from new research released by the National Council on Compensation Insurance Inc. (NCCI) confirms that work-related injuries are far more costly if the injured worker is obese.

Oversight of the Dodd-Frank Act has become the prevailing theme for lawmakers as they discuss their agendas, but will substantive changes occur?

Insurance companies worldwide have suffered less than banks since the collapse of the subprime market in the United States in late 2007, Celent says. However, they have been impacted by the volatility of international markets and the uncertainty linked to the slow recovery of economies in industrialized countries. European insurers, in particular, have reacted to the changing environment successfully, implementing actions to adapt to the current changes and gain operational efficiency, according to the analyst/consulting firm.

Providence Mutual Launches Agent Portal

The insurance industry faces some headwinds entering 2011 – the most prominent of which is a persistent soft market.

AIG unit adopting remediation plan based on review of statutory filings to Pennsylvania Department of Insurance.

The lawsuit claims the excessively high default rates on the underlying loans shows that Countrywide, now part of Bank of America, disregarded underwriting guidelines to match the "worst features of mortgage products" by competitors.

2010 lessons rely heavily on financial regulation, risk management, according to an Enterprise Data Management Council report.

Royal Neighbors of America a non-profit fraternal organization, will use StoneRiver’s Life Portraits ES e-Application and LifeSuite automated underwriting solutions to improve the efficiencies and speed of new business processing, the companies report. The solution is described as moving information from point A to point B without interruption, error or human intervention, eliminating cost in time and business.

Agile business intelligence the hot trend; pervasive BI and skilled talent sought, says Forrester research.

Advancements in mobile deposit technologies in the coming year may be of interest to insurers.

AIA and ACLI contend interim rule would violate McCarran-Ferguson Act.

Gearing up to redefine health insurance is among the list of issues that will take front and center for the health care industry in 2011, according to PwC’s Health Research Institute.

New report says in the wake of the financial crisis, life insurers face some major challenges.

SPM provider recognized in MarketScope for Insurance Incentive Compensation Management software.