Core systems

New Novarica report examines the rise of modern claims offerings.

Social media is driving sales, product and service strategies.

The boards believe the amendments would improve the comparability of fair value measurements presented and disclosed in financial statements prepared in accordance with U.S. GAAP and IFRS.

Standard Poor's Ratings Services issued a statement today charging that the fundamental structure of the U.K. life insurance sector is changing. Life insurers over the next few years will have to adapt their business models at both the local and European levels to accommodate changes due to economic weakness and regulatory changes, notes the rating agency. Market consolidation could accelerate and product economics could be reappraised, with renewed attention on distribution models, notes S&P.

Moody’s and S&P assign ratings to Penn Mutual's surplus notes while A.M. Best revises the Michigan Blues’ outlook, and removes Jackson National Life from under review.

In ruling, justices vote to uphold primary tenets of Sarbanes-Oxley Act.

While the House is still expected to pass the bill, it's unclear if Democrats still have enough support to enact it.

A Gartner study says the number of people globally who use a mobile phone to make payments is expected to expand to 108.6 million by the end of 2010.

The California health insurer notified about 230,000 members and insurance applicants that a Web site used to apply for individual health policies was compromised.

Insurers may want to keep an eye on Obopay's mobile payment gambit in Africa—the latest in its string of marketing strategies.

FM Global says the industry well capitalized to withstand potential strong storms.

INN announces the results of its fifth annual program recognizing the distinct and outstanding accomplishments and contributions of women in the insurance industry.

In letter to Senators, insurers ask for renewal of lapsed program.

SAS Analytics Pro is designed to enable insurers to access, manipulate, analyze and present information on their own.

For every agency or industry participant that appeared to gain in the bill, there also was a significant downside.

Traditional carriers beginning to catch up to direct-to-consumer players in their ability to enhance the user experience, notes a new report.

Relationship between AIG CEO and the board’s chairmen sours after the sale of the company’s AIA Group Ltd. falls through.

UltiPro's unified HCM design offers the ability for insurers to achieve holistic BI on the entire workforce.

Wide-ranging legislation creates a Federal Insurance Office with limited preemptive powers.

The resolution of issues means the bill is now complete and will return to the full House and Senate for votes next week, where it is expected to pass.