Policy adminstration

Legislation seeks to undue Securities and Exchange Commission decision to regulate fixed annuities as securities.

Hamilton, Bermuda-based Torus Specialty Insurance Company now has authority to write surplus lines in 42 states across . This follows the recent confirmation of its license to write property and casualty business in the State of Delaware and the affirmation of Torus Specialty’s A- (excellent) financial strength rating by AM Best.

Troubled company expected to trim 17% of workforce.

Reports show that five large private insurers and the trade group America's Health Insurance Plans spent a total of $6.4 million in the first quarter on lobbying efforts.

The president says all the right things about the threat to our nation’s systems, but his plan remains sketchy at best.

Document/content management saw the most activity among property/casualty and life/health insurers and vendors.

President signals intentions regarding health care reform in letter to Senate heavyweights.

In a letter to the Treasury Secretary, ACLI chief denies federal charter will cause regulatory race to the bottom.

New report holds that of the lessons to be learned from the financial crisis, risk management should serve as the primer.

Forrester research finds that 60% of U.S. insurers hope to replace their core applications and its underlying server infrastructure.

Casualty Actuarial Society hosts panel on climate change.

Life insurer says malware at fault for leak.

Ramani Ayer announced he will step down at the end of the year.

The companies posted a combined net realized loss of $3.17 billion for the quarter, according to a report from the Reinsurance Association of America.

Celent profiles 45 policy admin systems for commercial and personal P&C insurers, and details seven advanced functionalities that indicate a good modern system.

Given insurers' tight budgets and expectations of greater regulation, more companies have begun to adopt governance practices.

Insurers should consider ERM a process, not just a platform, say study authors.

Wisconsin senator cautions on health insurers’ solvency issues.

Downturn results in biggest drop in 66 years.

Travelers chosen "to restore the financial industry to full representation in the Dow.”