Core systems

New York City agents vote to bring suit over compensation rules, arguing that the rules should apply to the time of sale, “not when quoting the account.”

Fitch Ratings concludes that most companies experienced solid operating earnings and a significant recovery in investment portfolios in 2009. However, the industry still faces continued earnings and capital pressure.

Insurer says HP Exstream offers interactive and real-time capabilities that allow for convenient distribution of documents to policyholders.

Risk managers are benefitting from lower premiums, but looming catastrophe losses could portend a turn in the market, notes survey.

The agency is pushing for legislation to create a way for the government to conduct an orderly wind down of a large financial companies.

Insurers’ profitability increased to 5.8% last year from 0.6% in 2008.

New report says insurers are making slow, but steady progress remaking their core systems.

The insurer added more than $2 billion to surplus for the year, expanding policyholders’ safety cushion to more than $15 billion.

Insurers must link plans to the overall company strategy already in use, and expect detours along the way, Gartner analysts say.

New report chastises insurance industry for owning shares of fast food companies.

Political strife continues to plague the measure authorizing extensions.

Why should insurers use social networks? Celent provides three principle reasons.

FDIC Chair Sheila Bair says that if this law had been in place before 2008, there would have been no chance AIG could have been bailed out.

After more than 100 hours of interviews with insurance execs, SMA unearthed 10 common initiatives regarding market recovery and future changes.

Actuaries say insurers need to develop additional analysis techniques in face of scoring bans.

Aite Group report notes IT offerings, not domain expertise, as differentiation.

Aon says the number of organizations seeking improved performance and decision-making with ERM has risen dramatically since in the wake of the financial meltdown.

Survey results raise questions about bancassurance being the preferred channel, as insurance Web sites and aggregators gain ground.

Bill that extends flood insurance, COBRA subsidies, may go to vote later this week.

A.M. Best affirms Aflac, and Moody’s affirms Genworth.