Policy adminstration

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.

Insurance execs expect sub-prime issues to have significant negative impact on 2009 financial performance, and 36% of the execs expect the risk associated with adequately pricing risk, to be the most significant challenge over the next three to five years, according to a survey conducted by KPMG.

AIG and four former senior executives have agreed to pay shareholders $115 million to settle claims stemming from charges of self-dealing transactions.

New research predicts a shift in IT priorities as the deadline for comprehensive regulations for European insurers nears.

The property/casualty association believes the National Flood Insurance Program (NFIP) offers vital protection to policyholders, and is important to the U.S. economy.

The committee is comprised of New York Life’s senior executive leadership, and assists the CEO in setting policy for the company.

Association says its support comes with caveats.

The Sting Trailer was built to aid in the successful apprehension of organized cargo theft rings.

Richard Spiro will succeed Michael O’Reilly, vice chairman and CFO, whose retirement was announced previously.

As more and more blogs penetrate the Web-o-Sphere, the industry shouldn’t be surprised that a blog that tracks and comments on health and life insurance blogs is becoming mainstream.

Strong Q1 universal life sales kept overall life insurance sales from dropping during the first six months of 2008, but Q2 premiums were flat, says the organization.