The insurer’s use of technology to track customer experience garners honors for excellence in insurance operations.

House Financial Services Committee Chairman Barney Frank says his bill would require the Treasury Department to use the money for foreclosure relief, institute lending requirements for banks that receive capital from the program and strengthen executive compensation requirements.

The insurance exchange says that rates may increase in a year.

The insurer appointed Russell Johnston president and CEO of AIG Environmental, one of the largest pollution liability insurance providers.

The organizations will demonstrate ways to implement the 5010 HIPAA transaction standards through existing testing tools, best practices and public-private collaborations that are already broadly recognized within the healthcare industry.

In a collection of essays, actuaries ponder the role of risk management in the financial crisis.

Spun off from Fiserv, the well-known insurance tech giant will take the name StoneRiver—a brand signifying “strength and transformation,” and akin to its adoptive parents, Stone Point Capital LLC.

According to a new Impact Forecasting LLC report, approximately 86% of Californian homeowners do not have earthquake coverage, despite most of them having mortgaged their homes.

The technology giant says the addition of ILOG’s business rule management system will provide another dimension of leadership to its BPM portfolio.

The industry won't be without challenges, maintains Willis, as access to new capital in 2009 will become more difficult and expensive because of the current economic climate.

For the time being, tech takes a back seat to cost minimization and operational efficiency, which are at the top of the operational agenda for many in financial services, according to the New York research firm.

American Council of Life Insurers (ACLI) proposed a plan to the National Association of Insurance Commissioners (NAIC) to loosen capital requirements to help life insurers meet required reserve levels amid falling stock prices and a worsening economic climate.

Despite last year’s variable annuity sales drop off, experts believe they should rebound along with the stock market.

Allegations of mismanagement at the life insurer are incurring the wrath of state regulators.

Insurance association says ordering insurers to surrender customer data poses a risk.

According to a new book, an IT professional's knowledge constitutes precious currency in a world dependent on computer technology, regardless of vertical market selected.

The Dutch company says its four newly assigned U.S. business units will create “appropriate alignment” for the U.S. retirement savings market.

A group of insurers says that more needs to be done to enable insurers to fairly present their financial statements for year-end 2008.

Recent deals for technology software and services

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