Core systems

In its third annual program, Insurance Networking News recognizes the accomplishment of female industry leaders.

With overall predicted losses topping $10 billion, insurers’ mobile teams and technologies may need to remain in hard-hit areas as three more tropical storms line up behind Gustav.

Without congressional action, the National Flood Insurance Program will expire at end of month.

The association lists its objections to a proposed rule change in a letter to the SEC.

FARMERS SELECTS 360VALUE TO ESTIMATE HOME COSTS

ADOBE UPDATES ITS LIVECYCLE ENTERPRISE SUITE

SAPIENS, IBM AND MILLBROOK PARTNER ON BI

Global insurance outsourcing is growing at a CAGR of 8%, expected to become a $24 billion industry next year.

Based on findings from a new Fitch Ratings report, the property/casualty profitability decline is a result of poor investment performance and deteriorating accident-year underwriting results.

A new report says insurers need to clearly define the position for these jacks-of-all-trades.

The company's chief claims officer says the claims function has evolved in such a way that it now requires more sophisticated technical expertise and the ability to coordinate diverse and complex information systems.

Survey of reinsurers confirms that property catastrophe data integrity impacts reinsurance pricing, and predicts that implementing world-class data quality controls and management practices has the potential to create a win-win for all parties.

When asked, "What is the top issue facing the insurance industry?," 44% of survey respondents chose competitive price/adequate profitability.

Swiss Re contends a country risk officer, comparable to the role of a chief risk officer, is a useful model to develop an integrated perspective across the social, economic and environmental risks of a country.

Association says the proposal to reclassify indexed products as securities is unnecessary.

Replacing its existing system, Kaiser is betting that Pegasystems’ Customer Process Manager for Healthcare packaged solution will drive first-call resolution rates.

The office will contain the growing post-production client support services group as well as insurance business analysts, project managers and insurance technology staff.

Chicago-based broker pays $1.75 billion to acquire British reinsurer.

A new study says Americans would pay billions if Congress passes the Hurricane Insurance Proposal and another Katrina-like storm strikes.

Indianapolis — Blue Cross & Blue Shield Rhode Island (BCBSRI) has inked a deal with WellPoint NextRx, an independent pharmacy benefit management (PBM) company and a division of Indianapolis-based WellPoint, Inc., to offer the SureScripts-RxHub to physicians in Rhode Island.