For the previous two reauthorizations, Congress waited until the last minute to approve. After yesterday’s hearing, it looks like 2013 will bring more of the same.

With the acquisition of the geographic risk technology company, LexisNexis picks up software to complement its data, analytics and linking capabilities.

When you look towards the future and preparing for what may come, it is clear you need to examine the next generation technologies and the people who will lead the industry. IT-oLogy Trends 2013 took on both issues and gave us all a glimpse into tomorrow.

While policy admin projects remain a top priority, twice as many large P&C carriers are investing in big data technology as last year.

Executives responding to a recent Accenture survey report shortages of talent in a number of areas, including risk business and data analytics, risk technologists and regulatory change program management.

New York is the first state to propose a comprehensive ban on force-placed insurance payments to banks.

New survey reveals optimism that the exchange format will create an environment with the best options, regardless of which carriers are present.

P&C carrier implements policy admin software across several more lines in an attempt to improve risk selection and enable real-time pricing.

In an assessment of how distribution trends reflect an increase in online sales, A.M. Best highlights continuing market consolidation.

Senate Banking Committee will examine the effects of the Biggert-Waters Flood Insurance Act of 2012, which eliminated grandfather clauses that prevented premiums from rising for some properties.

Swiss Re’s global ranking highlights the threat of earthquakes and flooding to growing population centers in Asia, home to eight of the 10 most at-risk cities.

The two most exposed cities are earthquake-prone urban centers along the West Coast, according to a new report from Swiss Re. The study takes into account population and exposure to five natural catastrophes, including storm surges, earthquakes and more.

Company’s research finds 85 percent of insurers would decline terrorism coverage without government backing.

In comments submitted to the Presidents Working Group, the American Insurance Association says terrorism is an uninsurable risk and requires partnership with the government.

Farmers filed claims on 8.213 million acres of grains, oilseeds, cotton and sugar as of September 1, according to estimates from the U.S. Department of Agriculture’s Farm Service Agency.

Strategy Meets Action recognizes Amica Mutual Insurance, Great American, two other insurers and one IT solution provider for successfully implementing next generation technologies or reflecting the spirit of innovation.

Australian P&C insurer deploys for 1,300 PolicyCenter users in "big bang" roll out.

Life insurer looks to offer a more efficient life insurance application and delivery experience.

The flooding has caused 15 Colorado counties to declare a state of emergency, including Boulder, which President Obama has opened up to federal assistance.

The multi-line insurer looks to the iWorks Prophet Managed Hosted Service platform to improve efficiency and compliance of actuarial modeling operations.