In 2012, the overall market declined however, as did contract values and duration, according to an Everest Group report.

Insured losses declined to about $31 billion, the Munich-based company said today. That compares with $65 billion reported for 2012.

‘Front Office Suite’ to help underwriting, service and agent teams to submit, evaluate, quote and close business.

Insurers, including Nationwide, CNA and MetLife, are leveraging a growing number of data sources and applying high-performance analytics to help detect patterns of fraud as early as possible.

While document management systems continue to house the industry's essential business information, many large insurers are trying to leverage the data contained in a host of new media types to help boost the business.

"Uncertainty" sums up the regulatory environment for insurers in all lines in 2014.

By the year 2015, the global annual rate of data creation will double to a projected 5.6 zettabytes.

In the last year, insurers, from Geico to Patriot National, have moved more to the cloud.

Lori Evangel, formerly of Aflac, will serve as executive VP and chief risk officer.

Based on 2012 financials, A.M. Best lists the largest global insurers by earned premium and total assets.

The increase for 2014 is expected to be driven in part by a rise in data analytics investments, according to the research firm

Fifteen minutes with Robert Macoviak, president of Oyer, Macoviak and Associates Insurance.

In response to consumer confusion about deadlines related to the Affordable Care Act, insurer says it will extend the deadline and accept payment online.

Homeowner property claims also are found to be increasing in frequency, value and suspicion.

Swiss Re declined as much as 2.9 percent; Munich Re fell 0.8 percent.

Insurers strongly support flood reform, but it needs to be implemented in a fashion that doesn’t destroy flood-affected communities.

RIMS Names 2014 President, Directors and Board Members

Rates Decrease as Much as 25%

For P&C companies, cloud and analytics will define success in the year ahead, says Ernst & Young. But is that all there is?

Clearwater Analytics Launches New Reporting Functions