Policy adminstration

Fledgling social network offers unique potential if search engine personalization comes to fruition.

Experts say thanks to a dearth of Federal support, it isn’t a stretch to imagine a power grid cyber attack that takes out the Internet, grinding communications and businesses to a halt in the process.

Columbus Life Insurance, a provider of retirement, estate planning and advanced business planning services, has selected iGO e-App to automate and streamline business processes for independent producers. iGO is a product of iPipeline, a creator of marketing, selling and processing solutions for insurance carriers, distributors and producers.

COUNTRY Financial, out of Bloomington, Ill., has licensed the PolicyWriter software suite from Adaptik Corp. to serve as the heart of its next generation personal lines policy administration platform, the companies report.

Warm weather offers favorable conditions for car thieves, while holidays and cold weather bode well for potential victims, according to a new report from the National Insurance Crime Bureau (NICB).

Despite pressure to upgrade and leave legacy systems behind, COBOL has remained not only relevant, but common among IT systems within the industry.

Despite high levels of unemployment, U.S. business leaders say one of the biggest risks they’re facing is a talent and skills shortage, according to the 2011 Lloyd’s Risk Index.

As an IT solution for complex integration, service-oriented architecture (SOA) has seen success in some insurers’ organizations. However, from a business and architecture perspective, it leaves more to be desired, according to a new report issued today by Boston-based research and consulting firm Celent.

In 2012, the U.S. life and annuity insurance industry will be challenged to find ways to manage both capital and risk in an economically and politically uncertain year, while continuing to lay the groundwork for future growth, according to Ernst & Young's new Global Insurance Center U.S. Outlook report.

Executives from Oregon Mutual Insurance and Western Life Insurance join Celent analysts to share their views on the nuances of creative disruption, and how insurers can benefit from its philosophies and practices.INN is pleased to present, with permission, occasional videos from Celent, a research and consulting firm and a member of the Oliver Wyman Group. These videos originally appeared on Celent's website as part of the firm's educational offerings.

Torus, a specialty insurer, and Starr Underwriting Agents Ltd. have entered into an agreement whereby Torus Syndicate 2243 will acquire the renewal rights to CV Starr Syndicate 1919’s continental European marine, casualty and financial lines, and general property business, effective Jan. 1, 2012. Both Torus Syndicate 2243 and CV Starr Syndicate 1919 are managed by Starr Managing Agents Ltd.

10 years after the original call for agile business philosophies, where are insurers prevailing and what do they have yet to learn?

The soft pricing that has defined the property/casualty market for years may finally be ebbing.

Philadelphia Financial Group Inc. announced will pay $117.5 million for all of the assets of Hartford Life Private Placement LLC (HLPP) from The Hartford Financial Services Group Inc.

The Centers for Medicare and Medicaid Services has published a final rule, with a comment period, establishing health insurers' "medical loss ratios," including provisions to account for ICD-10 conversion costs.

Having suffered five of the top ten deadliest natural disasters in history, with recent events affecting over 70 percent of its land area and more than half its population, China presents ongoing challenges to the insurance market. According to a new market report released by Aon Benfield, the global reinsurance intermediary of Aon Corp., these and other challenges are complex and amplified by the scale of the market and the speed of its development.

Aspen U.S. Insurance has entered the recreational marine insurance market, with a focus on marinas, yacht clubs, boat dealers, boat manufacturers and boat component manufacturers.

Micro Focus, a provider of enterprise application modernization testing and management solutions, released Micro Focus Server Enterprise Edition for PL/I. The edition is the first complete, cross-platform migration solution that enables mainframe PL/I applications to be moved, with minimal changes, from an IBM mainframe to Linux, Unix or Windows Server platforms, where they can be operated for a fraction of the cost.

CGI Federal Inc., a U.S. subsidiary of Canada-based CGI Group, announced that it has been awarded a $93.7 million contract by The Centers for Medicare & Medicaid Services (CMS) Center for Consumer Information and Insurance Oversight (CCIIO) to build the U.S. government’s federal health insurance exchange.

Property/casualty insurers may well be relieved that the 2011 Atlantic Hurricane Season officially ended this week. This year, the season counted 19 tropical storms, 7 hurricanes, and 3 major hurricanes (Category 3 or above on the Saffir-Simpson Hurricane Wind Scale) resulting in insurance claims.