Core systems

Selling the unit could give Genworth the capital to buy back bonds and lower the company’s debt.

The composite rate for personal products was up 2 percent in Q1 2015; commercial lines were unchanged compared to last year.

We explore the nine U.S. states that reported double-digit rate increases in auto claims in 2014, according to CCC research.

CCC Information Services analyzed claims reports from its customers and identified the states where auto claims fell in 2014.

Research finds millenials are more open to leaving employee sponsored plans and most consumers want help selecting ancillary benefits.

The commercial lines carrier is the latest insurer to start a venture capital fund supporting insurance technology startups.

Lufthansa is facing possible financial claims from the families of victims, which legal experts have estimated at around $350 million.

Innovations in security will be aimed at fortifying cloud services, big data, wireless communication and the Internet of Things (IoT), according to Frost & Sullivan.

The superintendent of the state Department of Financial Services, said insurers must provide the information by April 27 and submit to examinations by the agency; 160 life, health and property & casualty insurers are affected.

P&C carrier uses Valen Analytics’ data and predictive modeling to manage and drive underwriting profitability.

The FAA has awarded 48 waivers for commercial drone use under a program created by Congress to allow flights while the agency completes more formal regulations.

The new auto insurance aggregation site is intended to offer California drivers quick and simple access to multiple auto insurance quotes.

Canadian P&C insurer intends to consolidate and update billing operations and launch new products and services over the web.

New Zealand’s largest general insurance provider takes on core systems transformation to improve customer service and speed to market.

Team selects Instec’s Quicksolver based on its configurability, bureau-based rating and quoting, resulting in more efficient business processes and faster quote-to-bind.

Millenials and lower-income people are receptive to calling directly from a mobile ad, according to a study, but insurers need to answer the call.

The life insurance carrier credits Agile development with helping it get a line of business live on the FAST platform less than a year after selection.

When insurers assess the risks and conduct cost-benefit analyses on whether information systems should be encrypted, more often than not the decision has been made to not encrypt. That has to change now, industry observers say.

More than a month later, more than 50 million people affected by the breach haven’t been notified by the company, senators Lamar Alexander and Patty Murray said.

The rankings are based on national averages for 1,522 models, for a 40-year-old man with a clean driving record and good credit.