Core systems

Weak economy, catastrophe losses continue to drag on insurance sector’s financial performance.

18-count indictment charts $100 million fraud scheme.

Seeking to repay its debts, Liberty Mutual Holding Co. reportedly announced today that a unit providing coverage through independent agents will sell up to $1.41 billion in shares through a public offering.

The Office of Financial Research is tasked with collecting data on behalf of the Financial Stability Oversight Board and analyzing it to spot risks to the economy.

Complete data is in: 2008 was the first year that payments for medical care were more than half of all workers’ compensation benefits, says the National Academy of Social Insurance.

HHS launched a Spanish-language version of the HealthCare.gov website, which was mandated under the health care reform law.

Fireman’s Fund Insurance Co. anticipates the product will plan and monitor the performance of IT support throughout its entire lifecycle.

Elizabeth Warren is thought to be the top contender for head of the Consumer Financial Protection Bureau.

GNAIE says new rules will not provide more accurate picture of company’s financial health.

A new Conning Research study shows that the commercial auto insurance market may be a leading indicator of the overall commercial lines insurance market.

Implementation of Cost Operations Shared Service Centre Model to streamline efficiencies, reporting and processes.

New Novarica report says insurers will have an increasingly tough time justifying custom built applications.

Uncertain markets, slow economic improvements and changing regulations cloud recovery efforts, making underwriting discipline, pricing a key strategy.

TransUnion's Insurance Risk Index rose just slightly from Q1, and is up only 0.3% since 2009.

The promotion is part of a broader realignment strategy, under which the wealth management business was recently revamped.

It’s no secret that claims management is a key indicator of customer service. A Consumer Reports' reader survey revealed 86% of readers who filed were highly satisfied with the handling of their claims among 22 insurance companies.

AIR Worldwide’s cat modeling software promises to enhance the underwriting processes of Syndicate 609 for Atrium Underwriting Group.

Company defends practices after California Department of Insurance accuses insurer of mismanaging medical claims.

Commercial Lines Billing system is designed to streamline the billing process, and increase the time and cost efficiencies for companies and their clients.

Fitch affirms Cincinnati Financial’s subsidiaries; A.M. Best rates Aetna and Goldman Sachs Group subsidiaries; S&P corrects outlook on Genworth Financial Mortgage Insurance; Moody’s rates Aon’s senior unsecured notes.