Policy adminstration

Carriers expanding offerings to account for rise of piracy.

The president of the National Association of Professional Insurance Agents contends that there are opportunities hidden in the challenges stemming from the current state of the economy.

The industry may still be in the black, but catastrophe and investment losses have taken a toll on the bottom line.

Insurer gets $800 million from its consumer lending division.

When insurance CIOs shrink the carbon footprint of their data centers, improve energy efficiency and promote recycling and telework, they boost the bottom line.

Michael Gallo succeeds Dennis O'Brien as SVP in charge of the company's long-term-care operation.

While some say management needs to do something about it, others point to personal accountability.

As a result of the announcement, Hartford Financial Services Group Inc.'s shares rose 13.49% Wednesday, while Lincoln National Corp. soared 32.8%.

Despite the current economic crisis, some health, P&C and life carriers are expanding, not contracting staff, agent networks.

Company says it has no exposure to riskier mortgage assets.

Life insurers will receive bailout dollars in the latest TARP developments.

Overcoming the complexity argument is key for insurance technology vendors spurring carriers to take the next step in moving core systems into the cloud.

Health savings accounts' (HSA) popularity is growing, but their complexity is hindering their broader use as a tax-deferred investment vehicle.

Industry conferences shy away from vendor-led sessions.

Penalty and fee hikes, as well as fingerprinting requirements were not included in the final budget passed by lawmakers.

The troubled insurer divested AIG Life of Canada and Hartford Steam Boiler Inspection and Insurance Co.

The insurer has started an enhanced wealth transfer program and advanced market calculators to help use life insurance for estate planning.

The deal breaker for Sun, reports the greater press, was a “slightly reduced” offer from IBM.

Economist Ian Ayres, who recently addressed the Casualty Actuarial Society, believes methods such as neural networks might be beneficial for actuaries when approaching data mining as part of the predictive modeling process.

A study by the U.S. Bureau of Labor Statistics reveals the U.S. insurance industry shed jobs for the fifth straight month.