Policy adminstration

BlueCross and BlueShield of Tennessee has announced the theft of identifiable data that affects an estimated 500,000 members.

In an effort to accelerate the development of its activities in emerging countries, notably Central and Eastern Europe, AXA acquired Omniasig Life. Created in 1997, Omniasig Life sells protection products, representing premiums of Euro 12 million in 2008, through a network of 1,400 agents, of which a quarter is proprietary channel.

Given the severity of the economic downturn, the U.S. property/casualty insurance industry has performed remarkably well in recent years, a group of industry experts observed in a panel discussion.

The ambiguity surrounding the Obama Administration's proposed Financial Crisis Responsibility Fee is causing insurers consternation.

A study released this week by security firm Symantec found that mid-sized enterprises are more likely to adopt cutting-edge technologies.

Internet marketing will be regulated by 2015, controlling more than $250 billion in Internet marketing spending worldwide. Outlandish? Maybe not.

A LinkedIn discussion chain yielded a surprising array of responses from IT folks on this question.

Health insurer Harvard Pilgrim Health Care Inc. will develop a pilot of the Food and Drug Administration's Sentinel System to better monitor the safety of regulated medical products. The one-year contract with four renewable years is worth a total of $72 million.

Health insurer Harvard Pilgrim Health Care Inc. will develop a pilot of the Food and Drug Administration's Sentinel System to better monitor the safety of regulated medical products. The one-year contract with four renewable years is worth a total of $72 million.

It’s no secret that the world’s problems in health, education and unemployment can largely be traced to the global fiscal crisis.

In a new user survey, a majority of respondents expect business intelligence (BI) to continuously grow worldwide, though most remain unsure about the value of analyzing data from social media sites. The global survey was conducted by Baseline Consulting and Kognitio, a provider of BI and data warehousing solutions.

Forrester Research recently predicted the technology sector is will see a recovery in 2010. The same could hold true for the property/casualty insurance industry. According to a survey conducted by the Insurance Information Institute (I.I.I.) at its 13th annual Property/Casualty Insurance Joint Industry Forum, 77% of executives in the property/casualty industry expect financial troubles to diminish in 2010.

Microsoft and HP today announced a $250 million technology development partnership and a series of software/hardware/service rollouts that HP CEO Mark Hurd called "the deepest level of collaboration and integration" in his company's history.

Instead of focusing on product features, insurers are focused on growing customer wallet share and capturing emerging customer segments, such as Gen Y. Tech vendors need to pay attention.

Small insurers are seizing the chance to address consumers’ unmet needs, giving the market segment a sizable share of the overall property/casualty market and strong positions in some specific market niches, according to a new study by Hartford, Conn.-based Conning Research & Consulting.

Insurers that tie themselves to major sporting events build brand by capturing eyeballs in an innovative way, not by trying to be "cute" with their sponsorships.

The Hartford Financial Services Group is making an effort to help employers de-stress. As the finale of a three-part direct mail campaign, the group benefits carrier recently sent stress balls to leaders at nearly 2,000 large companies. Each executive received a hand-sized, squeezable ball printed with the Web address for The Hartford Experience (http://thehartfordexperience.com/).

Business analytics software as a service is expected to grow three times as fast as the total business analytics software market in the 5-year period between 2008 and 2013, according a new study from market researcher IDC.

A.M. Best, Fitch Ratings, Moody’s Investors Service and Standard & Poor's announced ratings updates. The following are some of the most recent:

As many variable annuity providers simplify and streamline their products, Axa Equitable Life Insurance Co. in New York is bundling theirs.