Core systems

Regulation and expansion are included among Deloitte's six key topics for which insurance companies will be watching in the coming year.

Advanced System Designs, a Morton, Ill., full-service provider of technical and business solutions to the insurance industry, has expanded its locations across the United States and added several new members to its business intelligence (BI) team to support the growth of its offerings across the insurance, financial services and manufacturing specific industries.

Andrew Kaslow departs the troubled insurer, leaving a vacancy at an inopportune time.

Aon says rates are stabilizing after signs of hardening in first half of year.

Lawmakers consider hybrid proposal that would use private insurance plans to offer universal coverage

Supreme Court will hear arguments over legality of auditing oversight board created by Sarbanes-Oxley Act.

Vendor’s commercial lines platform chosen for Canadian policy admin operations.

Framework expands current use of policy admin solution to provide additional products to agents.

The U.S. Bureau of Labor Statistics finds that the insurance industry lost 2,400 jobs in the month of November, noting it is an improvement over recent months.

The Group of North American Insurance Companies expressed serious concerns about a new paper’s conclusions for measurement of non-life insurance liabilities in the post-claim period.

Judge approves $350 million deal to end class-action lawsuit regarding physician reimbursement.

Clearer and more concise variable annuity information for consumers could reduce the burden placed on insurers to produce lengthy documents that consumers traditionally ignore because of their complexity.

Ernst & Young survey finds that 75% of respondents are concerned with possible reprisal from employees who have left their organizations.

Survey finds liquidity issues are receiving renewed attention in wake of the financial crisis.

Seniors lobby fights efforts to send Patient Protection and Affordable Care Act back to committee

House Financial Services Committee sends two pieces of financial services reform legislation to House floor.

The Council of Insurance Agents & Brokers says the bill “needs clarification regarding the role of brokers in state exchanges on several fronts," particularly defined compensation models and the role they would play as exchange navigators.

Insurance and reinsurance sectors should pay attention to emerging markets in order to stay strong through the economic recovery, say Swiss Re economists.

Annuities are considered a volatile segment, while life insurance products have remained “remarkably stable” during the economic crisis, notes Conning Research and Consulting.

After several dismal quarters, the U.S. IT job market will improve, says Robert Half International, with the most notable hiring predicted in the East North Central and South Atlantic states.