The information compromised includes names, birthdates, Social Security numbers, street and e-mail addresses and employee data, including income, Anthem said.

Last year was the second in a row in which investors on the whole preferred collateralized reinsurance to catastrophe bonds, the vehicle first used by hedge funds and pension funds for forays into the market.

Social, mobile, analytics, big data, cloud and digital strategy soon will be basic capabilities, and insurers that get bogged down in ROI studies could miss opportunities.

The specialty insurer has established a group for catastrophe engineering and analytics, under the leadership of a former AIR Worldwide executive.

With the National Association of Insurance Commissioners looking closely at industry- data security practices through a task force, it’s likely that new standards soon will emerge.

IDC Financial Insights says spending on core systems modernization, transformation and optimization is driving the increase.

Rometty will get an incentive payout of $3.6 million, according to a company filing released Friday

Connected cars, the shared economy and other emerging trends will redefine insurance products and create new opportunities for those willing to embrace change, according to research from Strategy Meets Action.

The regulatory group has established a task force to evaluate the insurance industry’s skill at protecting sensitive customer data.

A looming labor shortage in insurance has led several industry players to launch a campaign to increase the sector's visibility and desirability while promoting science, technology, engineering and math.

Metromile CEO talks to INN about the challenges and opportunities of the carrier's deal to provide per-mile insurance coverage to Uber ride-sharing drivers.

The insurer is working on a suite of new claims payment options that it says will drastically reduce the time it takes to make policyholders whole.

Inadequate systems outranked talent and capital resources in a Towers Watson poll of insurer pain points.

Compared with the office’s estimate in April 2014, which spanned the 2015-2024 period, the new numbers are $101 billion, or about 7 percent, lower.

The Atlas Cloud P&C System is intended to modernize personal and commercial lines operations for regional carrier.

Agency Revolution's software organizes and streamlines agency marketing efforts

After a single auto insurance claim of $2,000 or more, drivers can expect their premiums to rise by two-fifths, according to a study by insuranceQuotes.com, an insurance aggregator and consumer information company.

Two-thirds of respondents to EY’s global insurance CFO survey say that data are not granular enough and technology is outdated.

Four steps CIOs need to take to lead insurance organizations to greater “customer obsession.”

New York homeowners have filed at least three lawsuits in federal court accusing the insurers of scheming with engineering firms, and others involved in handling claims to deny or reduce damage payouts.