The initial public offering of American Life Insurance Company (ALICO) may be soon at hand. Alico’s parent, New York-based American International Group, Inc. (AIG) says it will accelerate steps to position ALICO as an independent entity.

Some observers think that we are at the beginning of the end of this financial crisis and its consequences while others believe this is just the end of the beginning. Celent has given its thoughts on the impact of the financial crisis on insurers in a report published in September last year: Bad News on the Street: Insurance IT Strategy and the Financial Crisis.

Under an agreement between the North Carolina Rate Bureau and the state’s insurance regulators that will roll back private auto insurance rates to 2006 levels and freeze them for two years, some North Carolina drivers will share a refund.

The discounts being offered by property and casualty insurers to owners of hybrid vehicles may be a thing of the past. According to a new study, hybrid drivers drive farther, receive more traffic/speeding tickets and incur costlier claims than conventional car drivers.

Trade associations send joint letter to legislators asking for exclusion from proposed federal agency.

In this age of tight budgets, it seems there are few tech jobs, but much work to be had. Yet dipping too heavily into the freelance market has its own dangers.

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Insurers face record claims as investigations of deadly crashes commence.

A freeze in IT hiring and reduction in contractor and consultant use top the list.

The restructuring combines institutional and individual businesses into single organization.

A new report says carriers can transform their operations by squeezing more out of existing enterprise applications.

HIMSS sent a letter yesterday asserting the Certification Commission for Healthcare Information Technology (CCHIT) should be the sole certifying entity for EHRs.

New research finds U.S. the property/casualty industry’s earnings plummeted to $1.2 billion at the beginning of 2009 due to underwriting and investment losses.

As the promise of the cloud unfolds, it’s likely that a typical cloud provider will be an industry partner that is capable of sharing applications and data.

The insurer says the opportunity allows them to develop "stronger partnerships" with banks by giving them more investment choices.

A study complains that CEOs are not well represented on social networking sites, but is that really a problem?

A new report sees foresees no major improvements in property/casualty results until 2011.

The AIG rollercoaster ride is far from being over, as the company’s stock juts downward, then upward in a few short trading days.

ING, Flagstone Re and Farmers Group subsidiaries acquired from AIG, to name a few, are targets of Fitch, S&P and A.M. Best’s recent actions.

Product offers adequate and affordable collateral to secure obligations, reports Aon.