Industry sees improvement in pre- and after-tax income, underwriting results and combined ratio in 2012, but the improvements pale in comparison with long-term norms.

Of those currently using smartphones to make payments, 60 percent said they would increase their usage if they could track receipts, manage personal finances (56 percent), or show proof of insurance (56 percent) or a valid driver’s license (54 percent).

Survey reveals an awareness of the gap in coverage among U.S. homeowners, even as annual flood-damage costs continue to soar.

Growing staffs and catastrophe claims are not the main reasons costs are rising. Instead, severity is canceling out the efficiencies technology is creating, according to an analyst at this week's CEB TowerGroup Financial Services Technology Conference.

The Director of the Federal Insurance Office, Michael McRaith, is calling for the submission of information regarding natural catastrophes and insurance for a report to be submitted to Congress, an FIO report mandated by the Biggert-Waters Flood Insurance Reform Act of 2012.

First-quarter earnings excluding one-time items were $2.94 a share, 56 cents higher than the average of 19 analysts’ estimates compiled by Bloomberg. Full-year profit is now forecast to be at least $7.80 a share, the Indianapolis-based health plan today said in a statement.

Mobile platform developed as a companion to Web-based risk software released by the insurer last year.

Adventist Risk Management looks to improve operational efficiencies, customer experience through the purchase.

At RIMS, intellectual, intangible and other non-standard property coverage are top of mind.

The former Zurich executive and ACORD Standards Committee chair will be responsible for overseeing several aspects of standards development.

New report from International Data Corp. tracks software sales and outlines the shift toward social business and customer experience.

Service to address uncertainty in real-time data reporting by incorporating catastrophe-loss scenarios.

New analytics-based software designed to weigh factors of individual companies, such as location of operations and cost-severity factors, against historical data.

U.S. consumers are turning to digital sources for insurance quotes and other information, but still prefer personal contact with agents when purchasing.

Honoree awarded for leading networking and social initiatives, will receive $1,000 scholarship.

New York and New Jersey accounted for more than half the claims in the wake of the superstorm; nearly all have been settled.

Many compliance executives working in the U.S. insurance space admit to a lack of consistent structure, lack of institutionalized processes for sharing regulatory information and disjointed use of technology.

As part of the additions made, travel risk coverage has been expanded to the renewable energy industry.

While risk managers are increasingly prepared for a variety of risks, gaps exist between process and action, according to a Towers Watson survey.

Claims for business interruption will probably drive insurance costs tied to the bombings, according to catastrophe modeler Risk Management Solutions Inc.