Claims

Cambridge, Mass.-based Pegasystems Inc., a provider of business process management (BPM) software, has acquired Cupertino, Calif.-based Chordiant Software, Inc., a provider of claims management and business acquisition software to the insurance industry.

Blue Shield of California will identify on its Web site physicians in the state who score above average in up to eight quality measures.

While mainframes are still both viable and valuable, perhaps the key to this semantic pretzel is that the needs of the business must come first, and executives shouldn’t rush to adopt new systems simply because they're the latest-and-greatest new tech.

WorkCenter Loss Total 4.0 combines Mitchell’s processing solutions with J.D. Power’s data analysis and pricing capabilities.

NAIC, ISO and NICN announce streamlined reporting process.

A university study implies that young people are just as concerned as baby boomers about online privacy, but the details tell a different story.

New features of the updated insurance-linked security portfolio, Miu, include a stress test to calculate the impact of multiple historical events, and more in-depth information for each bond.

Emdeon's alliance with FICO offers insurers the ability to scan claims for patterns of fraud and abuse prior to adjudication.

Risk managers are benefitting from lower premiums, but looming catastrophe losses could portend a turn in the market, notes survey.

Political strife continues to plague the measure authorizing extensions.

After more than 100 hours of interviews with insurance execs, SMA unearthed 10 common initiatives regarding market recovery and future changes.

Bill that extends flood insurance, COBRA subsidies, may go to vote later this week.

Senators expected to vote soon on measure that could restore funding for lapsed program.

The iPad may help in achieving mass adoption of electronic signatures in the agent channel.

Anomalously warm tropical sea surface temperatures in the Atlantic portend an active hurricane season according to forecasters at Colorado State University.

Brendan Voss will help establish new policies and procedures for the settlement of claims.

As insurance claims mount, the NHTSA charges Toyota with failing to act in a timely manner to notify customers of acceleration problems.

Gartner lists technologies that will challenge business processes, support new business models and drive revenue growth.

A data-centric approach to the claims process can deliver significant savings in payouts for property/casualty insurers.

If they take into account underlying business challenges and the needs of staff, carriers can leverage a bevy of new technologies to manage claims more efficiently and more effectively.