Policy adminstration

More than a third of the back-end infrastructure still remains to be built in the federally run marketplace, a top IT official from CMS said Tuesday on Capitol Hill.

Delivered as a cloud-based service, iWorks Enterprise Financials aims to assist chief investment and financial officers in making better, more informed business decisions, while achieving smarter operations.

The two confirmed EF-4 tornados that hit Illinois on Sunday also were unusual for occurring so far north, according to an analysis by Risk Management Solutions.

More Than 150 P&C PAS Purchases Made Since 2010

Among the insurers on the list, AIG sees the biggest drop-off from 2011 to 2012; during the same period, Berkshire Hathaway nearly doubled its market share in the sector.

New figures state that 59 percent of the Fortune 500 still have at least 1.6 hours of data center downtime per week, which translates to at least $8.5 million per year in losses.

Obama invited the group to meet with him a day after he announced that the administration was altering regulations to permit insurance companies to extend existing policies for an additional year.

Most North American P&C insurers will find IT budgets steady, but core systems replacement and better business/IT alignment are resulting in increased discretionary and extra-budget spending.

The insurer, which underwrites specialty and reinsurance products, promotes Michael Fleischer and one other to executive roles within the excess and surplus division of the group.

Arendt was named a 2013 WIL winner as a result of her leadership and approach to the largest project of her career.

Insurers and benefits providers caution that reinstating the plans may not be simple.

WIFS is a professional organization for women in the financial services industry.

Nissan Motor Co. plans to bring affordable, fully autonomous vehicles to market by 2020.

More Agencies Specializing and Increasing Technology Investments

While most new capabilities employed by life insurers today are around mobility, focusing on better graphics and greater integration into the overall sales process, distribution innovation has been stifled.

The extension will be available only to those already enrolled in the policies that were canceled for not meeting coverage standards under the health care law.

GhostDraft tapped to bolster the billing and claims document management capabilities of The Stingray System from Maximum Processing.

The Mexican surety company, Primero Fianzas, generated more than $33 million in gross written premium in 2012.

Only 26,794 sign-ups were through the federal marketplace serving 36 states.

Insurers Report a 54% Increase in Security ‘Incidents’ in the past 12 months