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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.
November 7 -
A new report from TowerGroup examines the profitability of the life insurance industry in the wake of the current financial crisis.
November 7
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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.
November 6 -
A federal charter, regulatory and flood insurance reform among many issues soon to receive renewed focus by lawmakers under President-elect Obama.
November 6 -
The California insurer says its free, Web-based service, RMRx, is designed to simplify development and implementation of workplace safety programs.
November 6 -
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.
November 6 -
The company cites its capitalization status, and policyholder best interests as reasons to reject government funding.
November 6 -
Progressive says plan is simplify and improve agents workflows and make it easier for them to conduct business with the carrier.
November 5 -
Electronic health records (EHR) software gets a boost from the Massachusetts Blues, but can they keep the momentum going?
November 5 -
Managing regulatory risk tops list of concerns for today's risk managers; burden expected to increase, according to ACE.
November 5 -
Key new rating variables that are being incorporated into insurers predictive models include homeowners rates by peril, homeowners rating by building characteristics, vehicle history and usage-based auto insurance, according to the Casualty Actuarial Society.
November 5
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Microsoft is the latest vendor to climb into the clouds with its Azure platform, but slow on the uptake as other vendors use Microsofts ideology to get there first.
November 5
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Predicting future losses up to $235 billion, study reveals only $30 billion of total economic losses along the California fault line are likely to be insured.
November 4 -
Until regulatory approval for the acquisition of the insurance companies is obtained, GMACI will continue to write reinsurance and collateralize obligations, which Maiden will reinsure on a 100% basis.
November 4 -
Fred Langhammer's sudden departure was announced in a filing with the U.S. Securities and Exchange Commission.
November 4 -
The Hartfords CEO releases a statement saying the insurers capital position is more than sufficient for current market conditions as well as in the event markets deteriorate further.
November 3 -
Boulder, Colo. — Enterprise Management Associates (EMA), an IT management research and consulting firm, released a new advisory note, “What the Economic Crisis Means for IT Security and Risk Management.” In the advisory note, EMA research director, Scott Crawford, highlights the impact of the current financial industry meltdown, and its implications for the management of security and risk in IT.
November 3 -
Software, personnel transfer to AQS from ISO Insurance Technology Solutions
November 3 -
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ALLIANZ SELECTS RISK MANAGEMENT SOLUTION
November 1
