Core systems

By 2016, the availability of capacity and performance management skills for horizontally scaled architectures will be a major constraint or risk to growth for 80 percent of major businesses, Gartner says.

Starr alleges in its shareholder suit that the U.S. didn’t have the authority to demand 80 percent of AIG’s equity in consideration for a loan and didn’t pay a fair price for the stock it took.

Demand for coverage has accelerated after some of the largest companies in the U.S. revealed that they’d fallen victim to cyber hackers.

A new report, released in September by Celent, examines the constantly changing insurance market and recommends key strategies and investments Asian life insurance companies should focus on to be successful.

Starr International claims the government illegally took equity in the insurer, and that the 14 percent on an $85 billion rescue loan was an “extortion rate.” Starr is seeking at least $25 billion in damages.

Geithner is scheduled for a third day of testimony and will be followed by another architect of the bailout, Ben Bernanke, the former chairman of the Federal Reserve Board of Governors.

Towers Watson and the National Business Group on Health found that 76 percent of employers surveyed are exploring the use of mobile health applications, fitness wearables and social media to encourage greater physical activity among their employees.

The predictions begin to examine a shift in the relationships between man and machine due to the emergence of digital business, the firm says.

Many businesses are not yet alert to the risks of an attack on their computer systems, Beal says; cyber insurance can cover loss of future revenue and assistance to get systems back up and running.

C&S can fit documents to its business model with standardization, customization and compliance.

Former AIG Chief Executive Officer Maurice “Hank” Greenberg has sued the U.S., claiming the government illegally took equity in the insurer.

The former head of the Federal Reserve Bank of New York was cited in earlier testimony as responsible for setting an interest rate of 14 percent.

P&C insurers’ budgets remain limited and focused on upgrades of core capabilities, according to Novarica report.

The P&C insurer will use Uplink to help reduce data entry for commercial lines business.

An increasing number of thieves now are using stolen identification to steal cars; NICB hopes to increase public awareness and thwart these crimes.

The Fed wanted to get control of AIG quickly due to concerns an attorney for the insurer might try to re-negotiate the rescue terms.

Dr. Robert P. Hartwig, president of the Insurance Information Institute, will help manage the foundation’s national endowment.

The compound-annual-growth rate of detected security incidents has risen 66 percent year-over-year since 2009.

Starr International's lawsuit challenges the 2008 bailout of the insurer, arguing that the Federal Reserve Bank of New York's assumption of AIG stock violated shareholders’ rights.

Collected information would enable further exploration of areas of concern raised by commenters during the proposal stage of the revised regulatory capital framework rulemaking.