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Funds to help improve technology and teaching in computer information sciences.
October 5 -
Steve Thiel has been named as VP of actuarial reporting and analysis for Allianz Life Insurance Company of North America. Thiel will be responsible for reporting actuarial balances while analyzing the companys financial performance, and will oversee delivery of projects that drive financial stability and serve as valuation actuary to provide an ongoing assessment about the companys assets. He will report to Neil McKay, SVP and chief actuary.
October 5 -
Insurer deploys the Toughbook mobile computers in all 50 states, enabling appraisers to write estimates on site and upload reports.
October 5 -
David Blumer, Swiss Re's Chief Investment Officer has decided to leave the company, effective Nov. 1, 2012, according to the companys board of directors. A successor has not been announced.
October 5 -
The U.S. property and casualty sector’s profits got a boost in the first half of 2012, largely as a result of underwriting improvements resulting from a quiet catastrophe year to date. According to ISO, a Verisk Analytics company, and the Property Casualty Insurers Association of America (PCI), private U.S. property/casualty insurers’ net income after taxes jumped to $16.4 billion in first-half 2012 from $4.8 billion in first-half 2011. Measuring insurers’ overall profitability as an annualized rate of return, policyholders’ surplus on average climbed to 5.9 from 1.7 percent.
October 4 -
Forecasted savings reached by 90 percent that adopt cloud technology.
October 4 -
Partnership to develop insurance solutions in the cloud.
October 4 -
More than half of U.S. insurers surveyed expect rise in personal property, workers' compensation and auto insurance fraud losses.
October 4 -
New release to improve user interface and experience, implementation efficiency and maintenance.
October 4 -
Bob Cohen to lead efforts to expand State Autos commercial lines book of business.
October 4 -
Layoffs in its Innovation, Technology and Service Operations will be staggered into 2013.
October 3 -
The insurance industry relies on mainframes, but who will be running them?
October 3
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Solution to deliver mainframe data integration for Agile IT.
October 3 -
According to one Gartner analyst, precision, personalization and collaboration will motivate a new wave of business analytics.
October 2 -
The Federal Reserve sets January 5 as deadline for insurer to show it can handle severe economic stress.
October 2 -
Subscription service to track and review web resources for 16 providers of defined contribution plans, including ING, New York Life and Principal.
October 2 -
Two-thirds of life/annuity insurers plan to increase spending on analytics in the next two years as they seek to enhance the customer experience.
October 2 -
Surplus lines see spike in direct premiums written, experience turnaround as standard market insurers express the need to increase rates.
October 2 -
A new report from Forrester outlines potential mobile-enabled innovations and market transformations that could transform the insurance marketplace by 2020.
October 2 -
Spending is expected to nearly triple from current levels by 2016.
October 1
