Policy adminstration

Report from LOMA: Recent research offers a unique perspective on the insurance industry’s financial health, namely, that the industry has a historic opportunity to move past the economic downturn to accelerated global growth.

Consultancy says operations will continue as it restructures.

After more than 12 years as Chairman, Sy Sternberg will give way to Ted Mathas, who will be the 13th chairman of New York Life since the position was established in 1931.

MBIA says the split should signal to investors that it will not be using its public finance book to subsidize its structured finance guarantees, and it has ample capital to meet its expected claims.

Novarica and Nielsen Online team up at the LOMA Distribution Technology Conference to discuss the challenges life and health insurers face when using aggregators, and the benefits they can reap.

CIGNA has agreed to join Aetna, UnitedHealth in the establishment of an independent database that will determine reimbursement rates.

Several insurers and brokers team to make aggregated loss data available to the European marketplace.

With goals on growth on top-tier investment clients, Mercer has its sites set on Callan Associates.

Respondents to AutoInsuranceQuotes.com’s survey say they still value working with a live agent, and e-mail bridges that gap.

An industry analyst says state-based regulation is hampering direct-to-consumer distribution.

The group applauds the steps taken by Congress and the Obama Administration to ensure the utilization of electronic health records.

Outsourcing professionals’ organization releases lists of leading outsourcing companies and advisors.

Insurance regulators need a wide purview to operate effectively, association contends.

President of agents association says modernization act is “more of the same.”

Based on the 2001 CSO mortality table, the product is designed to offer cash value potential for varying financial needs.

Specialty lines carrier will use the product to model, build, deploy and manage several rate plans in the U.S. market.

The full-service site is designed to help beneficiaries navigate through difficult times.

Palisades Safety and Insurance Management Corp. ranks higher in claims services than Progressive, GEICO and State Farm, according to a survey of New Jersey auto repair shops.

Legislation says federal insurance regulators will establish physical offices in all states.

Property/casualty association head says systemic risks still not addressed in new legislation.