Core systems

The move is intended to foster further adoption of industrywide standards for data exchange between insurance carriers and distributors.

As stalemate on unemployment bill is broken, federal health insurance subsidy absent from legislation.

How the Fed's new authority will be exercised is unknown, but it embodies a major shift in the thinking about, and approach to, functional oversight since previous legislation on the topic.

Recent study notes low customer satisfaction among corporate risk managers as carriers and brokers retrench to improve their own bottom lines.

In wake of health care debate, Leslie Margolin takes leave to head coalition.

Fitch affirms Aetna and Lloyd’s of London ratings; A.M. Best upgrades NAICO; S&P lowers ratings on Cincinnati Financial Corp.'s operating insurance companies.

Once the bill is signed regulators will have the task of implementing hundreds of regulations and commencing dozens of studies.

Commercial property & casualty business is suffering from excess capacity in the hunt for market share, resulting in another quarter of declining renewal pricing, according to The Council of Insurance Agents & Brokers’ second quarter Commercial P/C Market Index Survey. On average, renewal rates dropped by about 6% in the second quarter, compared with a 5% decrease in the first quarter of 2010, notes CIAB.

Organizations are most fearful that the return on investment isn't worth the cost of ownership.

Two of the industry’s top advocates in Washington give INN an inside look as landmark legislation passes.

Reported to be the 10th-largest securities class action settlement in U.S. history, AIG will pay $175 million within 10 days of preliminary court approval of the settlement. AIG also expected to name Mark Wilson AIA Group CEO.

Insurers may want to note that as the use of mobile banking increases, many consumers still prefer traditional channels for more-complex transactions.

Life insurers have rebounded from last year’s struggles, recognizing a 20% increase in the industry’s absolute capital from Q1 2009 to Q1 2010.

West Bend hopes to adapt the program as a rating engine for all of its lines of insurance.

Policy circles already are abuzz about what changes to seek in a "corrections" bill to fix problems with the legislation.

As landmark legislation makes it way to the President’s desk, insurers look ahead to rule-making phase with trepidation.

Industry cheers flood extension as wind damage amendment complicates matters.

The Senate approved the bill by a vote of 60 to 39; it now moves on to the president, who is expected to sign it next week.

Lawmakers voted for cloture with the help of three key Republicans, meaning the Wall Street Reform and Consumer Protection Act must now clear a simple majority to pass the Senate.

CNA to cede about $1.6 B of net asbestos and environmental pollution liabilities to National Indemnity Co.; A.M. Best's ratings for CNA unchanged.