Policy adminstration

Second-quarter 2012 renewal rates have increased by 1.4 percent compared with the second quarter of 2011, according to Marsh.

Pacific Life Producer Alliance designed to enable wider range of financial professionals to sell fixed annuity products.

CEO Tom Marra to lead life division until replacement is named.

Public, private cloud resources designed to improve effectiveness of system engineering and professional service teams.

Despite cash on hand, slow growth and regulatory pressures prompt concentration on operational efficiencies and regulatory readiness, according to KPMG Survey.

The ruling this morning gave health insurers a deadline of 2014 for embracing such provisions. On the other hand, competitively speaking, this places much more of a burden on large health insurers to provide a wide range of packages that appeal to demographics that may not have been on the radar.

Despite excitement surrounding the topic, lack of expertise and understanding regarding big data analytics tools are holding back its potential.

Elephant Insurance, a consumer-direct auto-insurance writer, has selected Guidewire PolicyCenter as its new rating, underwriting and policy administration management system.

The court ruled 5-4. However, the court added that Congress has the authority to implement the individual mandate under the taxing clauses of the Constitution.

Social business platform designed to help Starr's brokers connect, collaborate with underwriting specialists.

The U.S. property/casualty industry is increasingly profitable, with a Q1 net income of $10.1 billion, compared with $7.8 billion for the same quarter last year; profitability as measured by the cumulative annualized rate of return on average policyholders’ surplus increased to 7.2 percent from 5.6 percent for the same quarter last year, according to the Insurance Services Office (ISO), and the Property Casualty Insurers Association of America (PCI), which released its quarterly profits and profitability report.

BOLT set to offer Hiscox's small commercial insurance products to business owners across the United States.

Insurer introduces new cyberliability insurance product and will partner with NetDiligence, a provider of post-incident services.

The app is designed to provide clients with a view of their current economic value based on their expected lifetime earning capacity.

Company also opens new regional underwriting offices in Atlanta, Chicago and Dallas.

At Monday’s morning session on the FIO at the Insured Retirement Institute’s Government, Legal and Regulatory Conference in Washington, D.C., John Fielding—a counsel in the Washington office of Steptoe & Johnson LLP, where he is a member of the Government Affairs & Public Policy practice focusing on insurance and financial services legislative and regulatory matters—speculated that a tiff between the Office of the United States Trade Representatives (USTR) and the FIO may be stalling the document’s release.

Robert Hartwig, president and economist of the Insurance Information Institute, outlines four necessary criteria for a hard market, one marked by sharply rising rates in excess of 10 to 15 percent.

J.D. Power found particularly sharp increases in customer satisfaction with policy offerings and interactions with insurers.

Overall, spending barely increases; CIOs lack confidence in budget plans.

Mobile app is the latest in an educational campaign on alternative investment strategies for financial advisors.