Core systems

Technology research and advisory firm TechNavio estimates the current global Insurance BPO market at more than $4.6 billion.

Pre-retirees are concerned about expenses spinning out of control; many fear they can never retire, according to survey by Nationwide.

INN celebrated its Women in Insurance Leadership award winners at a celebration in Chicago on October 20 and 21.

The lion’s share of big data spending currently is going to hardware and professional services, but over time, software vendors will capture a proportionally larger piece.

The accusation came in a case before a federal magistrate judge in Central Islip, New York, who said earlier the practice “may be widespread.”

Smartphone applications and devices that record trip and vehicle data are set to infiltrate auto insurance at a rapid pace, bolstered by discounts of as much as 30 percent.

Consumer operated and oriented plans have given some commercial carriers a run for their money in parts of the HIX marketplace, but are running into some of the same systemic obstacles that have dogged for-profit plans.

The latest version of ISCS’ SurePower Innovation includes a new web service portal, updated payment capabilities, a multi-state policy capability, usability features, and more.

New Celent report looks at how new data sources might change processes and the 'post-issue underwriting' approach.

Product includes functionality for CRM, policy and claims admin, document management, reporting, audit, workflow, quoting, accounting, reinsurance, client management, billing, rating and underwriting services.

Judge Thomas Wheeler, the 66-year-old ex-government contract lawyer, often has decided against the U.S., while ruling for Greenberg and his Starr International Co., once AIG’s biggest shareholder.

Pennsylvania Lumbermens Mutual Insurance Company and Indiana Lumbermens Mutual Insurance Company have consolidated systems to streamline processes, improve service and ensure compliance.

The new offering is designed to provide a better client experience and more accurate rating class estimates.

From 2009 to 2013, these states have seen the most cooking-related insurance claims during the holiday week. Texas, which led this list in previous years, has reported no Thanksgiving cooking-related fires since 2012.

By denying or underpaying claims, Wright mitigated its risk of facing a government audit and financial penalties for overpayment, according to the complaint.

The upward trend in smartphone use while driving may be largely due to the fact that more drivers own smart phones, but there’s also variation in the activities distracting drivers.

The changes, which also include requirements for insurers on the transparency of their rate increases, are open to public comment.

The health department acknowledged Nov. 20 that it had double-counted about 393,000 people in dental plans when it announced that 7.3 million Americans were enrolled in August.

A Forrester Research survey found that cost savings is no longer the primary driver for leveraging cloud services.

Previous initiatives have studied social media causal monitoring, learning and revenue optimization, equipment failure prediction, and fraud detection and prevention.