Core systems

A growing number of New York and New Jersey homeowners have accused insurers of rejecting or underpaying flood-insurance claims based on falsified engineering reports.

Financial leaders offer comments and remembrances; Benmosche’s career brought him to Chase Manhattan Bank, PaineWebber, MetLife and AIG.

The company also put out a HITECH Act notice over the weekend detailing the identity protection services it will provide affected customers.

Policy admin system chosen for ease of integration and speed of implementation, insurer says.

Benmosche came out of retirement in August 2009 to take over a company reeling from losses on failed housing-market bets, and led the insurer for half a decade.

Winners will be selected based on their ability to develop products and services with the potential to bring significant innovation to the industry.

Kevin Counihan failed to directly answer other questions regarding re enrollments, tax data and if illegal immigrants were provided coverage.

Tina Workman, VP of accounting and assistant treasurer at Shelter, talks to INN about the challenge of re-engineering business processes with long-time staff as the company moved from a green-screen environment to cloud-based software.

AXA Capital Ventures is investing in companies that focus on customer acquisition, climate change, travel insurance and more.

Federal Bureau of Investigation officials are still deciding whether to publicly reveal information about the attackers in one of the biggest thefts of medical-related customer data in U.S. history.

Seven Iowa insurers, including The Principal, Delta Dental, and Grinnell Mutual Reinsurance, are investors in the project, which provides capital and mentoring to six technology startups focusing on providing insurance-specific services.

Victims could includes millions of people who aren’t Anthem members, but used their Blue Cross or Blue Shield insurance in states, including Texas and Florida, where Anthem operates partnerships.

Financial strength, taking advantage of opportunistic ventures and market demand for products and channels ranked as the drivers of capital utilization decisions, according to Towers Watson.

The Allstate subsidiary, which offers a range of insurance products online, is beginning its Canadian push with auto insurance.

Superfish uses image-recognition algorithms that watch where users point on their screens and suggest ads based on the images they’re looking at.

Along with Logiq3, MSG Global's acquisition of Tindal Associates brings it more than 100 life insurance customers.

Private insurers working in partnership with FEMA’s National Flood Insurance Program have come under scrutiny over allegations they denied or rejected damage claims based on falsified reports.

Anticipated benefits of the new core systems suite include greater automation and streamlined processing, faster time to market, improved data integrity and lower cost of ownership.

Supported by the Accenture Cloud Platform and using Microsoft Azure, the suite is intended to enhance underwriting effectiveness, reduce loss costs, improve customer retention and drive profitable growth.

Obama signed an executive order intended to encourage companies to share information on Internet threats with one another and create a framework to help the private sector turn over data to federal agencies investigating data breaches.