Core systems

For the first time, the Bush administration took advantage of power it won from Congress last month and bought more than $40 billion of stock in AIG.

A Towers Perrin study found that many executives believe a significant reduction in head count at their organization is somewhat or very unlikely, while some think a more targeted head count reduction is probable.

The latest version of Guidewire’s underwriting and policy administration system is designed to provide P&C carriers leverage in improving core operations.

The research and advisory firm's rankings document the average customer experience of insurers with various technology solutions.

In a significant overhaul of their plan to rescue AIG, federal officials have agreed to inject billions of dollars into the insurance giant while easing terms of an existing credit line.

Web site provides policyholders with a choice of autobody collision repair shops.

Connecticut legislator stays in position to oversee expected financial regulatory reforms.

A political action committee for agents and brokers scored big on Election Day.

The solution is designed to provide customer quotes in less than five minutes; Farmers agents receive more qualified leads.

Despite some high-profile deployments, service-oriented architecture is being held back by competing standards and varying implementations.

Although Hartford says it will cut 500 jobs this month, it plans to introduce two variable annuities in Germany in the first quarter and is considering expanding further in Europe and Asia.

A new report from TowerGroup examines the profitability of the life insurance industry in the wake of the current financial crisis.

The U.S. Department of Justice concluded that the “public interest would not be further advanced by filing criminal charges” on former Governor Eliot Spitzer, who resigned from office less than eight months ago amid scandal.

A federal charter, regulatory and flood insurance reform among many issues soon to receive renewed focus by lawmakers under President-elect Obama.

The California insurer says its free, Web-based service, RMRx, is designed to simplify development and implementation of workplace safety programs.

New York and Chicago — Voting is still underway for the 2009 Vanguards in Insurance Practices (VIP) awards, presented by Insurance Networking News (INN) and Celent, a member of the Oliver Wyman Group.

The company cites its capitalization status, and “policyholder best interests” as reasons to reject government funding.

Progressive says plan is simplify and improve agents’ workflows and make it easier for them to conduct business with the carrier.

Electronic health records (EHR) software gets a boost from the Massachusetts Blues, but can they keep the momentum going?

Managing regulatory risk tops list of concerns for today's risk managers; burden expected to increase, according to ACE.