Policy adminstration

Social media, content sharing by media and non-media organizations create large liability exposures.

Fixed and indexed annuity product support capabilities added to web-based system.

The phase where companies focus on accruing millions of followers and likes is ending; a focus on influence is what should replace it.

The insurers will offer custom product suites on iSelect Custom Benefits Store, a Michigan multi-carrier and multi-distributor benefits exchange for mid-sized and small employers.

The part of the legislation that prompted the halt placed a cap on non-emergency care and a 14-day deadline for treatment from massage therapists, acupuncturists or chiropractors, as well as the requirement that an emergency medical condition exist for the full $10,000 PIP coverage.

Shifting health care costs and aging claimants will sharply affect auto insurance costs in the years ahead, according to Assured Research.

As the life insurance and annuity industries move toward model-based approaches to reserve and capital valuation, actuarial models are increasing in complexity and sophistication while the imperative to avoid modeling errors also increases, according to a recent report from Deloitte, titled “Actuarial Modeling Controls: A Survey of Actuarial Modeling Controls in the Context of a Model-Based Valuation Framework.”

New York State's Department of Financial Services has reached a settlement with the country's largest force-placed home insurer, in a deal meant to lower prices and prohibit widespread kickbacks in the industry. The agreement with Assurant Inc., one of two insurers which dominate the market, will lower insurers' profit margins and prohibit banks from receiving payments that pad the cost of insurance.

Enterprise Accounting System and investment solution brought in to support the insurer's regional expansion.

Customer self-service solution purchased in an attempt to provide a better consumer experience, cut operational costs.

Using a top-tier insurer as an example, analysts advise companies to start small and think big.

The enhancement is designed to enable users to add multiple product variations without custom modification and design fixed, indexed and combination annuities.

Compared to 2012, some insurers reported increases of 30 to 55 percent in applications submitted during the first two months of this year.

In the United States, aggregate deal volume declined 21 percent, however, Q4 activity increased.

Insurer sets production target of January 2014 for major policy administration and claims implementation.

Insurers looking to tap into Latin American markets may be surprised to find high levels of mobile usage.

The 23rd annual Retirement Confidence Survey indicates that 28 percent of respondents—the highest level in the survey’s history—are not confident about being able to afford a comfortable retirement.

Contributing to the dramatic rise in popularity are automakers rolling out safety telematics globally, and partnerships between wireless carriers and insurers.

John Fleurant will officially take over after Michael Sproule's retirement on June 30.

According to a new release from Fitch Ratings, the firm’s compilation of full-year GAAP 2012 financial results for a group of 48 publicly traded reinsurers reveals a 75-percent improvement in operating earnings and operating return on equity of 7.3 percent versus 4.4 percent in 2011.