Core systems

Rating agency issues optimistic note on the sector, stating that the industry is set to weather further economic storms.

Global insurers facing financial hardships may adopt cautious optimism, says the German insurer.

The technology solution market will experience expansion as the health insurance industry considers claims processing as yet another value proposition.

The Committee on Capital Markets Regulation is looking to consolidate the regulatory structure by increasing the Fed's authority, and increase oversight of credit default swaps.

Despite the sharp decline in customer advocacy for financial services companies nationwide, insurers USAA and State Farm still led the pack.

Expert says Congress should proceed with caution when revamping regulation of insurance industry.

What you don't know about your processes may be costing you money.

Many insurers still aren’t fully aware yet of the risks in the cloud, where data is exchanged between sites and users that may be beyond the control of cloud providers and their clients.

Collaboration with CNA Insurance results in out-of-the-box automated workflow enhancements to ProductAuthority, Authority Suite, helping insurers see 60% improvement in speed-to-market initiatives.

A House bill looks to supplant the current state-based system of non-resident licensing with a national one.

The legislation aims to establish a federal insurance office.

After winning approval last week for federal aid, the insurer is focused on delivering on its “historical strengths.”

The U.S. Department of Homeland Security’s Federal Emergency Management Agency presented USAA with the National Flood Insurance Program’s Administrator’s Quill Award. The award recognizes the company that writes the highest number of flood insurance policies within a given year.

A.M. Best Co. released ratings updates. The following are some of the most recent:

Surveys have shown that the majority of consumers support the option of a public health insurance plan as part of health care reform. This puts health insurers at a higher level of competition, and they are already stepping up direct mail in anticipation, according to Daniel Hayes, VP of insurance services at Mintel Comperemedia. Congress is crafting health insurance reform proposals now, but insurance companies have already been getting ready for change. The direct marketing competitive intelligence provider saw health insurers increase marketing direct mail offers to individuals by 18% in the past twelve months.

In testimony before the Senate Banking Committee, Treasury Secretary says creditors of the stricken insurer will be paid in full.

An Aon report says changes advanced in 2010 budget proposal will cost property casualty insurers.

The insurer's chairman and CEO will step down as soon as a replacement is found.

ACORD/LOMA saw multiple vendors pushing systems performance dashboards and ease of use for the business side, but does that mean we don’t need IT?

Sen. Bob Corker argued against enactment of sweeping legislation granting the government new resolution powers over systemically important companies, suggesting Congress should give the Treasury authority on a case-by-case basis.