Policy adminstration

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.

The GOP's support of federal disaster insurance reform follows the Democratic National Committee's call in late August to create a National Catastrophic Insurance Fund.

Complex market requirements call for complex technology offerings by policy administration solution providers.

The law is intended to curb abusive tactics targeting senior citizens.

Ironshore will provide specialty commercial insurance coverages on an excess and surplus basis for risks located in the State of New York.

CRC Insurance Services Inc. completed the purchase of Southern Risk Operations LLC.

Robert Dunn continues to serve on Integro's Canadian board, while Mark Rankin was elected as a director.

The London office blog features insights and updates on issues ranging from maintenance request submissions to standards releases and events.

BlueCross BlueShield of Tennessee will use the software to automate new business quoting, rating, underwriting and enrollment.

Site is designed enhance relationships with members, subproducers and partners.

Business professionals recognize the importance of IT security investments and predict and increase in their budgets for 2009.