Core systems

Analyst and consulting firm SMA publishes reports that paint a rosy picture of insurers’ IT spend in the coming year.

Carriers have increasingly heard that ease-of-doing-business and technology are the deciding factors for agents when selecting insurers with which to work, but new research shows that unless carriers have a solid product at a competitive price, all the talk is meaningless.

Insurers watch as the bill to create a consumer protection agency, as approved last week, gave almost all authority directly to the agency's director.

OakBridge Insurance Services announces new offices in California and Minnesota, as well as two new hires.

The U.S. Government Accountability Office tells federal agencies what property/casualty insurers and reinsurers have been warning for months: Prepare for climate change effects.

The Hartford and the Connecticut Attorney General reach a settlement stemming from ongoing litigation against Guy Carpenter for orchestrating a series of alleged conspiracies with dozens of reinsurers that illegally inflated costs for insurers and consumers.

White House says it stands by health care reform legislation drafted by Senate Majority Leader Reid.

In a busy 2009, AIR Worldwide has modeled the risk profile for eight securities in North America and Europe, providing cover for such perils as tropical cyclones, earthquakes, extra-tropical cyclones, severe thunderstorms and wildfires.

State insurance office publishes pay-as-you-drive policies for insurers.

Firms says cloud computing and advanced analytics will be top investment priorities in 2010.

Reinsurers may reduce writings as a result, warns Towers Perrin

Tropics Software Technologies will support FWCJUA with agency and policy administration systems and support.

Top executives will have compensation slashed under new rules.

Efforts to amend the McCarran-Ferguson Act are now a top priority for Democratic leaders in the House and Senate.

Its release coincides with moves by the Treasury Department to impose pay curbs at companies that have received exceptional government assistance.

Insurers fearing the regulatory reach of a new consumer protection agency can breathe a sigh of relief.

The solution suite, delivered via Software-as-a-Service, includes iDashboards, Scorecards and iControl.

It's important that insurers take a strategic approach that enables them to get their SOA right the first time.

As insurers begin publishing third-quarter financials, analysts are finally shelving their questions about the industry’s financial stability.

Critics also worry the benefit needs of 78 million baby boomers would fall short under such a plan.