Core systems

Association letter says that financial crisis reaffirms efficacy of state-based regulation.

The solution provides life insurance agents with access to mission-critical business processes for policy placement in a completely electronic environment.

The tool will help Ironshore accurately assess the potential damage and loss from fire, smoke and water to properties in its portfolio.

The association says the role of rating agencies in financial meltdown warrants consideration.

The office in central Beijing will be headed by Zifa Wang, an earthquake engineering expert who joined RMS from the China Institute of Engineering Mechanics.

Risk Management Solutions estimates U.S. onshore and offshore insured losses from Hurricane Ike at $13 to $21 billion.

Fitch estimates that capital (and reserves) needed to support the variable annuity business in the United States has increased by up to $15 billion during 2008.

The site is designed to provide easy navigation and access to ACE Westchester’s online quote-and-bind facility specifically tailored for its key inland marine product offerings.

At INN's Insurance Business Analytics conference last week, insurers weighed how best to implement and leverage business analytics.

TowerGroup points to economic, market and regulatory volatility as the No. 1 business driver for financial institutions.

Attorney General of the State of New York sends a letter to AIG CEO stating that the insurer take action on exec payments.

Kaiser Permanente announced it has 22 hospitals, serving 4.8 million members, using electronic health records (EHR).

Aetna members will be able to log into their Aetna PHR and transfer information to a new HealthVault account.

Survey results from Fiserv Insurance Solutions also reveal that the top three most important technologies for insurers are service-oriented architecture, business process management and data accessibility layer technology.

After a trying third-quarter for the industry, insurers need to contemplate their risk management culture.

Insurance.com’s RateWatch for Car Insurance found that the lowest car insurance quotes, on average, were up 3% over the previous quarter.

If the stock market doesn’t recover from steep losses precipitated in recent weeks, the surplus decline could approach $80 billion, or 15%, by the end of the year, according to global professional services firm Towers Perrin.

The Annual State of the Market Report included a new feature this year, a compilation of organizations that excelled at providing value to the business community.

The majority PricewaterhouseCoopers' survey respondents said they could do more to reduce the chance of future industry instability. However, the survey also revealed a desire for greater transparency to accurately measure exposure to risk.

Insurers have until November to weigh in on proposed annuities changes.