Technology
Technology
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Financial losses due to insurance fraud cost U.S. insurers at least $80 billion a year, according to the Coalition Against Insurance Fraud, an association of industry, government and consumer organizations. The human cost, in terms of suffering and loss of life, is sky high as well. In an effort to dramatize the scope and depth of the problem, the coalition has singled out what it dubs the worst instances of insurance fraud in 2014. While these seven cases may not be the biggest in terms of total dollars involved, they are remarkable for the brazenness of the crimes and the viciousness of the perpetrators.
January 27 -
A new report from Corporate Insight examines the user experiences of two insurance firms telematics programs and finds participants, overall, liked them but there were differences.
January 26 -
The National Insurance Crime Bureau has issued a warning about stolen cars with duplicate VINs and offers website for verifications.
January 26 -
Deloittes Sam Friedman suggests the industry can use its influence to impact the national agenda.
January 26 -
Insurers must choose between embracing innovation or just continuing with business as usual and run the risk of becoming a casualty in the new competitive battle.
January 23 -
Increased cloud and data management investments also are expected in 2015, according to IDC Health Insights report.
January 23 -
Average global rate is six-percentage points higher than general inflation, according to Aon Hewitt.
January 22 -
The filing will also help the company avoid a Securities and Exchange Commission move to appoint a receiver, which could lead to a liquidation and make an appeal of the judgment impossible.
January 22 -
In what has become a buyers market, underwriters must get creative to maintain their profitability.
January 21 -
Insurance carriers are dependent on the cloud solutions available to them and even those vendors with other priorities recognize the importance of cloud as a key initiative for the future, according to Celent.
January 21 -
The company in recent months has announced several big cloud computing and analytics wins while also shifting the leadership of global services.
January 21 -
The implementation of the PolicyCenter and BillingCenter platforms is part of a transformation initiative designed to help strengthen the companys insurance products and customer service capabilities.
January 21 -
IT spending globally is likely to increase modestly in 2015, according to industry researcher Gartner. But that spending will be uneven and less robust than originally expected. Here's a look at the key trends and what they might mean for the insurance industry.
January 21 -
New research from LIMRA, which will be presented at its upcoming conference in Orlando, indicates these external disruptions could alter their distribution models within the next five years.
January 21 -
Developing a usage-based insurance program has now gotten easier.
January 21 -
As enterprise customers weigh cloud vs. on-premises infrastructure and applications, CIOs could find vendors offering aggressive price discounts to win or retain business.
January 20 -
The HealthEdge platform is expected to deliver flexible product and benefit designs and real-time claims processing.
January 20 -
Numerous companies are finding innovative ways to use IoT devices.
January 20 -
Interim agency head has operations background in health services.
January 20 -
Marketing executives continue their march into the insurance data center.
January 20


