Policy adminstration

The onus is on CIOs to understand the business and communicate IT’s benefits in a way that solves business problems. Many are finding success by first providing metrics that the business can relate to, and then managing the CEOs expectations.

The National Association of Insurance Commissioners has established a working group to oversee AIG insurance interests, and to ensure that policyholders of the insurance subsidiaries remained protected.

As the government assumes control of the company, the specter of new regulation rises.

An $85 billion bailout loan gives the government 80% equity interest in the insurance giant.

Late Tuesday, the Federal Reserve Board made an unprecedented move to rescue American International Group Inc., giving the U.S. government a 79.9% stake in the failing company.

The support and maintenance has been extended over the next 28 months, and continues the growth of a business partnership that began in 2003.

John Agsalud will lead the company’s services in Hawaii, primarily focusing on the government sector.

Pinnacle Life, Allied North America and Harleysville Insurance win first, second and third place in Insurance Networking News’ 2008 INNovators Award.

Standard & Poor's, Moody's, Fitch and AM Best all have downgraded AIG's credit rating.

Total losses are expected to make the hurricane the third-most expensive in history.

New York Governor says the company will be permitted to access $20 billion

The insurer will offer a new system against a backdrop of policyholders who are changing their travel patterns to accommodate the rising cost of gas, increased traffic congestion and environmental concerns.

Farmers will use Wipro’s virtual solutions lab to explore the impact of SOA in transforming their organization, and the lab will be used to collaborate with customers and partners, host virtual conferences and provide a mutual platform for stakeholders.

Last year, the company and its financial professionals donated more than $500,000 to non-profit organizations across the country.

The Novarica ACE Rankings document the “Average Customer Experience” of insurers with various technology solutions.

The new acquisition specializes in insurance programs for the construction, real estate/hospitality, marine, private equity and manufacturing industries.

Facing a potential downgrade from credit ratings agencies, AIG is seeking a $40 billion bridge loan from the Federal Reserve.

Association says SEC prematurely quelled debate on rule to regulate fixed annuities.

The latest release of the company's flagship systems feature Business Process Intelligence (BPI) functionality as well as Business Process Reporting (BPR) modules.

Association offers its support for bill that would establish federal insurance advisory.