Core systems

AIG's new president and CEO, Robert Benmosche, is aggressively taking steps to re-energize the advisor group.

Variable annuities were hardest hit, freefalling approximately 50% for the second quarter and 55% for the first six months of the year.

Messaging on the importance of curbing greenhouse gases is in the spotlight three months before a U.N. meeting designed to establish a treaty that would replace the Kyoto Protocol.

The Health Information Trust Alliance will work with insurers, among others, to develop health IT security certification programs.

Celent’s Catherine Stagg-Macey – a fellow contributor here at the Insurance Expert’s Forum – has made the call: the industry is emerging from the economic downturn. This is a recession that famously ravaged the financial services sector, and those insurance companies with a stake in financial services saw a more sever impact on their businesses than those focused on policies and premiums.

Previously only advising the wealthy, the company thinks its investment advisory platform will help to retain customers whose balances have dwindled during the recession.

As Conseco Inc. plans to consolidate three insurance companies within its Conseco Insurance Group segment, the company prepares for one-time expenses over the next year.

Troubled insurance giant and former CEO agree to settle differences out of court.

AON CONSULTING TO SUPPORT ING DIRECT

P&C WEB-BASED BILLING

COLLABORATION TOOL FOR COMMERCIAL INSURERS

ARNOLD FISHER INSURANCE PICKS SAAS PORTAL SOLUTION

DOCULEX UPGRADES IMAGING AND CONTENT MANAGEMENT

STONERIVER ADDS CAPABILITIES TO WORKERS' COMP SOLUTION

The National Association of Insurance Commissioners (NAIC) has joined with other U.S. financial regulators in completing a self-assessment under the Financial Sector Assessment Program (FSAP). While the U.S. Treasury is the principal coordinating body for the FSAP, in the insurance sector, the NAIC has evaluated the extent to which U.S. insurance regulatory practices “observe” international principles established by the International Association of Insurance Supervisors (IAIS).

Innovation! What does it really mean to be innovative for an insurer? Does innovation deal mainly with insurance products or does it concern also processes? Are there external elements or factors that contribute to facilitate innovation? According to me, innovation relates to both products and processes:

CIGNA, FM Global and Tower Hill Companies are some of the insurers seeing recent ratings action from A.M. Best and Fitch.

WANTED Technologies forecasts a loss of 8,000 jobs in finance and insurance—much better than U.S. Bureau of Labor Statistics’ July report of 12,900.

A changing IT workforce continues to be a concern for the insurance industry. Could talent management software help insurers in their quest for tech-savvy IT workers?

A survey from Nationwide Insurance shows eight out of 10 Americans favor a ban on texting while driving.