In a letter to the Treasury Secretary, ACLI chief denies federal charter will cause regulatory race to the bottom.

New report holds that of the lessons to be learned from the financial crisis, risk management should serve as the primer.

Forrester research finds that 60% of U.S. insurers hope to replace their core applications and its underlying server infrastructure.

Casualty Actuarial Society hosts panel on climate change.

Life insurer says malware at fault for leak.

The companies posted a combined net realized loss of $3.17 billion for the quarter, according to a report from the Reinsurance Association of America.

Celent profiles 45 policy admin systems for commercial and personal P&C insurers, and details seven advanced functionalities that indicate a good modern system.

Given insurers' tight budgets and expectations of greater regulation, more companies have begun to adopt governance practices.

Insurers should consider ERM a process, not just a platform, say study authors.

Wisconsin senator cautions on health insurers’ solvency issues.

Downturn results in biggest drop in 66 years.

Travelers chosen "to restore the financial industry to full representation in the Dow.”

Experts say that the next wave of bank and wealth management products will be linked more to insurance offerings to provide customers more guaranteed income streams.

In a down economy, gold futures are up, and the insurer is betting on a healthy return on its investment.

The insurance industry was at the forefront when mainframe technology began to be used in business some 40 years ago, but we quickly lost that reputation in the years since. In fact, insurance—by nature a risk-averse business sector—has been slower than most to adopt new technologies, and wireless devices are no exception.

Rochelle, Illinois is probably not the first place one would look to find a data center replete with leading edge technology. Yet, it is here in this pastoral hamlet 80 miles west of Chicago that Northbrook, Ill.-based Allstate Insurance Co. has built a new facility that employs a mix of technologies and design elements to markedly reduce energy consumption.

Auto-Owners Insurance Group and Transamerica Life Canada among those rated in A.M. Best’s most recent reports.

Puerto Rico-based property and casualty firm Universal Insurance Co. has contracted with The Insurance Automation Group to develop an enterprise software solution to automate its surety bonding workflow. Insurance Automation Group is the developer of iAutomate: Erlon Surety, a leading surety workflow automation solution for insurance firms.

Supporters of an optional federal charter (OFC) for insurers are taking exception to a New York Times editorial, which charged that an OFC would engender regulatory arbitrage.

Vertafore, a provider of software and services to the insurance industry, today announced that TransactNOW and PL Rating facilitated more than 3.4 million agency-carrier transactions in the first quarter of 2009. The strong first quarter results show that agency-carrier connectivity has reached a critical mass, with more carriers enabling real-time transactions through Vertafore's systems and more agencies taking advantage of this connectivity, the provider says.