Data and information management

Kelser Corp., a provider of technology products and services to the insurance and financial markets, announced today the completion of its acquisition of HSG Global Services, Inc., a Massachusetts-based business consulting and outsourcing firm specializing in business improvement. The buyout comes only a few months after Kelser announced an internal ownership transfer and corporate rebranding. According to Kelser, the HSG acquisition helps fulfill key management, staff, and process requirements necessary to carry out the mid and long term strategic objectives of the company.

While opinions on how to fix them vary, nobody would dispute that the problems surrounding the National Flood Insurance Program (NFIP) are legion.

Industry group Agents of America (AOA) reports that it has formed a strategic partnership with the Professional Liability Committee of the Defense Research Institute (DRI). DRI is an international organization of attorneys devoted to the defense of businesses and individuals in civil litigation. It consists of approximately 22,000 members, including defense attorneys, corporate counsel, and insurance claims attorneys. Known as “The Voice of the Defense Bar,” DRI says that it is committed to educating and enhancing the professionalism of defense lawyers, and to improving the overall civil justice system.

Wall Street validates 2010 as a stellar year for insurance shares.

Anecdotal data from new research released by the National Council on Compensation Insurance Inc. (NCCI) confirms that work-related injuries are far more costly if the injured worker is obese.

Oversight of the Dodd-Frank Act has become the prevailing theme for lawmakers as they discuss their agendas, but will substantive changes occur?

By integrating disparate data elements, carriers can gain more granular insights, but need to first address data quality issues.

Business process management is helping insurers transform new and existing operations for the better. What's the trick?

A study looks at the reasons behind and benefits accrued from business intelligence implementations.

Greater efficiency, increased flexibility and lower costs are but a few of the benefits of server-based computing.

The insurance industry faces some headwinds entering 2011 – the most prominent of which is a persistent soft market.

AIG unit adopting remediation plan based on review of statutory filings to Pennsylvania Department of Insurance.

2010 lessons rely heavily on financial regulation, risk management, according to an Enterprise Data Management Council report.

Agile business intelligence the hot trend; pervasive BI and skilled talent sought, says Forrester research.

Kelly Whitener, Senn Dunn Insurance, earned the recognition from Inc. Magazine

Those who view SOA as a "magic bullet" may consider taking a more realistic approach to its implementation.

New report says in the wake of the financial crisis, life insurers face some major challenges.

A.M. Best affirmed USAA’s ratings, Fitch affirmed ratings for The Chubb Corp. and S&P affirmed its negative outlook on Kingsway and its subsidiaries.

Provision of Dodd-Frank Act would require agencies to issue ratings using identical terminology.

Executives from across the globe are wrapping up reports on just what went wrong and why this year, with the key goal of avoiding similar glitches in the future.