Digital distribution

The services and solution are intended to automate and streamline the insurer’s administrative processes on New York’s exchange.

Third-quarter net income decreased to $232.4 million, or 39 cents a share, from $277 million, or 46 cents, a year earlier.

The updated platform is designed to provide agents with several real-time quotes.

Some medium-sized, publicly-traded insurers are encountering operational challenges and could be sold, restructured or placed into run off, according to MarketScout.

Auto and homeowners premiums primary drivers, according to MarketScout analysis.

With a newly launched platform, sales representatives are able to adopt social-selling techniques, ultimately focusing more on sales productivity and less on compliance requirements.

The strategies of insurers like UnitedHealth Group and WellPoint are under the microscope as data from four of the five largest U.S. states is collected by SNL Financial Group.

One quarter of survey respondents said they considered switching auto insurance providers in the past year; Esurance had the most customers in that category, USAA the fewest.

Preconditions do not yet exist, according to Celent report, including regulatory structure and customer demand.

Among other concerns, some big health insurers have decided not to participate in many state exchanges and patient advocates are worried insurers will create networks with fewer doctors and hospitals.

With only seven days to go until October 1 and the official launch of the new public health insurance exchanges, a number of questions loom large. The biggest, by far, is would a government shutdown threatened by congressional Republicans also shut down the exchanges.

Trôv’s technology and processes are designed to offer transparency into the value of insured items.

As costs, regulatory and technological inhibitors fall away, insurance industry laggards could face threat from mispricing, according to recent Aite Group report.

New survey reveals optimism that the exchange format will create an environment with the best options, regardless of which carriers are present.

In an assessment of how distribution trends reflect an increase in online sales, A.M. Best highlights continuing market consolidation.

Europe and Bermuda still account for a large portion of P&C business among U.S. reinsurers, who are becoming increasingly open to new sources, such as Brazil and Singapore, according to data from SNL Financial.

MetLife retains its top spot among top-tier life insurers increasing its direct written premiums by 0.25 percent through the first half of 2013, according to SNL Financial.

The U.S. House of Representatives overwhelmingly approved the bipartisan insurance agent licensing reform bill, also known as the National Association of Registered Agents and Brokers Reform Act of 2013 (NARAB II), by a 397-6 vote.

Operational efficiency and underwriting discipline are crucial for growth and therefore are dictating commercial lines carriers’ technology purchases, according to a report from Novarica.

Continued growth is expected, according to a new report from Conning, but insurers will have to deal with ongoing challenges that include hiring agents and implementing tech-savvy platforms.