Policy adminstration

Region’s first paperless system is designed to save small businesses and brokers significant time, and eliminate up to one million pieces of paper annually.

Firm says it’s the first to offer electronic mutual fund transactions and deliver an e-signature-enabled, real-time workflow process.

BB&T acquired Burkey Risk Services of Maitland and Boynton Beach in March, with completion of the transaction expected by the end of the month.

The company's primary focus through this acquisition program is expected to be on guaranteed issue group insurance.

The move reflects the company’s continued goal of streamlining services to contain costs and stabilize the market for medical malpractice insurance in New York.

Currently, Rob Howard is Farmers’ AVP, national auto physical damage operations.

The head of the House Financial Services Committee says that such an important decision should have been handled by the incoming administration.

The association is condemning a vote to bring indexed annuities under federal regulation.

Consumers should continue to seek side air bags and anti-rollover technology as standard, says the Insurance Institute for Highway Safety.

According to the SEC, the move to use XBRL to find and sort information makes it easier to compare financial results, and has the potential to increase the speed, accuracy and usability of financial disclosure while eventually reduce costs for investors.

MGAs and wholesale brokers see opportunities to apply more of the technologies that the standard market is implementing, such as the ACORD XML electronic standards, Real Time workflows and the use of ACORD forms.

In his new role, William Gross will oversee all aspects of commercial lines business for the company's Massachusetts territory.

Karen Clark tells INN that insurers should not rely solely on near-term catastrophe modeling in light of overestimating the previous three hurricane seasons.

Real Time users report using the technology with at least half of their companies for the following functions: policy view, claims status, billing inquiry, endorsements and single-company quote.

Retiring Sen. Hagel sat down with an INN sister publication, to discuss his tenure and the future of financial services, of which includes the possible federal charter.

A new study finds that price is a key driver among both defecting and loyal customers, but insurers may be surprised by the other priorities swaying loyalty.

Charter members BlueCross, IBM and the University of South Carolina are collaborating to merge business, academia and economic development to grow IT talent, nurture management expertise and cultivate harmonious business and organizational relationships.

A survey from Application Security Inc. finds that nearly 60% of organizations keep the majority of confidential data in databases, with 56% having had a data breach in the past year.

The controversial rule, which has a two-year grace period before taking effect, will consider indexed annuities as securities.

The rate-making amendments are conceptually flawed and discriminatory, say NAMIC representatives and advocacy partners.