Core systems

While some say management needs to do something about it, others point to personal accountability.

As a result of the announcement, Hartford Financial Services Group Inc.'s shares rose 13.49% Wednesday, while Lincoln National Corp. soared 32.8%.

Despite the current economic crisis, some health, P&C and life carriers are expanding, not contracting staff, agent networks.

Company says it has no exposure to riskier mortgage assets.

Life insurers will receive bailout dollars in the latest TARP developments.

Overcoming the complexity argument is key for insurance technology vendors spurring carriers to take the next step in moving core systems into the cloud.

Health savings accounts' (HSA) popularity is growing, but their complexity is hindering their broader use as a tax-deferred investment vehicle.

Industry conferences shy away from vendor-led sessions.

Penalty and fee hikes, as well as fingerprinting requirements were not included in the final budget passed by lawmakers.

The troubled insurer divested AIG Life of Canada and Hartford Steam Boiler Inspection and Insurance Co.

The deal breaker for Sun, reports the greater press, was a “slightly reduced” offer from IBM.

Economist Ian Ayres, who recently addressed the Casualty Actuarial Society, believes methods such as neural networks might be beneficial for actuaries when approaching data mining as part of the predictive modeling process.

A study by the U.S. Bureau of Labor Statistics reveals the U.S. insurance industry shed jobs for the fifth straight month.

Shares of Lincoln National, Prudential Financial, Protective Life, Unum Group and Assurant all fell in trading Monday in anticipation of the U.S. life sector posting first quarter losses.

Despite the rough outlook for 2009, industry experts predict IT spending will remain stable, and not reflect the "Dot-com bust" of 2001-2003.

Leading Insurance Services Inc. will change from a stand-alone data capture mechanism to an integrated solution.

The Hartford hopes the cash infusion into a troubled Florida thrift will buy time in hopes the Treasury Department will allow insurers to participate in the program.

While recessions tend to place downward pressure on workers’ compensation exposure, National Council on Compensation Insurance (NCCI) chief economist says this could result in a surge in claims.

Elizabeth Monrad was found guilty of conspiracy, securities fraud, making false statements to the SEC and mail fraud charges.

The average personal injury protection payment for claims from vehicles with seatbelts, but without airbags, was 32% higher than the average for vehicles with front airbags, and 57% higher than the average for vehicles with both front and side airbags.