President of agents association says modernization act is “more of the same.”

Specialty lines carrier will use the product to model, build, deploy and manage several rate plans in the U.S. market.

PHT will have access to security standards, be able to provide feedback on the standards and become part of the 500-organization community.

Legislation says federal insurance regulators will establish physical offices in all states.

Property/casualty association head says systemic risks still not addressed in new legislation.

AIG is fully cooperating with a U.K. fraud probe, while it puts several pieces of property on the block.

Sent to the Senate for a final vote, the latest provisions are more liberal than the previous Senate version’s.

Study suggests insurers establish an efficient risk-based compliance culture throughout their enterprise, or risk the consequences.

Serving as acting CIO since October 2008, Mark Esposito now will take ownership of IT strategy across all business segments of The Hartford’s life operations.

The impending amendments offer adaptable insurers strategic advantages from the resulting structure, says a Conning Research study.

Quarterly report from brokerage well received on Wall Street despite revenue decline.

The insurer said in November that it would acquire troubled Bonifay Holding Co. Inc. to qualify for TARP assistance, but still has not heard from the Treasury about its application.

Seeking to address systemic risk, reps say they will soon introduce legislation to create national insurance regulator.

The new course is intended for employees new to the insurance industry who need quick understanding of how their company's products serve customers.

The bill includes $3 billion in "jump start" funds to the Office of the National Coordinator for Health Information Technology to rapidly disseminate grants and loans to increase I.T. adoption.

A source says the auto insurance business is expected to fetch about $2 billion.

Report says investments in automation and Web services are key to improving profitability.

A report by the Congressional Oversight Panel for the Troubled Asset Relief Program (TARP) says assets the federal government received from AIG plan were valued at only $14.8 billion.

Despite the predicted IT spending crunch, new options abound for insurers looking to upgrade their risk management software applications.

The AMA lawsuit charges the insurers schemed to shift medical costs to physicians and their patients.