Core systems

Ratings agencies announce a number of changes, including affirmations of Pan-American Life Insurance Co. and Western Life Assurance Co., and an under-review status for IPC Holdings Ltd.

Solution to include investment accounting and portfolio management software and services.

Insurer’s core systems to be managed by Web-based suite.

The vendor will provide black-box rating and policy admin software for insurers’ multi-line products.

Software will allow insurer to model business processes and automate workflows.

Survey results show the mean compensation for all IT executive positions surveyed decreased to $142,753 in large enterprises and $123,728 in mid-sized enterprises.

A recently released study shows that fewer customers are shopping for another auto insurance provider, but insurers step up their satisfaction efforts.

Federal Reserve Bank of New York to receive $25 billion share of spun-off businesses.

Respondents express concerns over rising costs and inadequate coverage in their employer-based coverage.

Fitch Report quantifies link between investment losses and deteriorating capital levels.

With China's new insurance laws set to take effect later this year, many insurers may need to upgrade their claims systems to keep pace.

When financial systems are compromised, we may not even hear about it for months.

The key will be if the Office of National Insurance can deliver on its promise of greater uniformity of regulation among the states.

Capital losses will hamper balance sheets through 2009, according to Conning Research.

A.M. Best downgraded National Financial Group, not National Life Group.

The Retirement Security for Life Act would halve taxes on annual income derived from retirement vehicles.

Draft proposal of bill also calls for establishment of a health care exchange.

Waukegan agent acknowledges forging certificates and pocketing premiums.

The acquisition represents the last significant step toward the insurer closing its investment agreement with Treasury.

Carriers and agents are taking advantage of technology offerings to improve their communication.