Free informative app, called WreckCheck, designed to help consumers protect property, identities with accident reports.

During the first half of 2012, 58,523 questionable claims were referred, according to the National Insurance Crime Bureau.

Deloitte's new report outlines two types of fraud: the deliberate faking of an accident and fabrication of a claim, called hard fraud, and exaggerated values on legitimate claims or misrepresented information in an attempt to garner lower policy premiums, labeled soft fraud.

Michael Palmer will lead the analytics team in Bermuda and help develop the company’s understanding of all aspects of catastrophe risk.

Aviva is looking for 5,000 UK drivers with Android smartphones to test its RateMyDrive app.

Bank-owned life insurance (BOLI) assets reached $145.6 billion in the first quarter of 2012, an 8.7 percent year-over-year increase from the reported BOLI assets of $133.9 billion for the same period in 2011, according to the Michael White/Meyer-Chatfield Bank-Owned Life Insurance Holdings Report.

Specialty branch within Munich Re adds a front-end risk management and planning component to its data breach coverage.

Falling costs largely attributable to decrease in medical benefits for injured workers, according to the National Academy of Social Insurance.

IT needs to play a critical role when analytics is used pervasively throughout the enterprise, and business has an obligation to communicate expectations and trumpet its success.

Terri Vaughan will step down during the first quarter of 2013; National Association of Insurance Commissioners officers will conduct a national search later this year to fill the position.

CLASIC/2 Version 14.0 introduces the ability to model builder’s risk policies for the AIR earthquake and hurricane models for the United States. AIR designed the updated version to support the policy conditions that characterize commercial insurance, enabling companies to assess catastrophe loss potential from the portfolio level down to the individual location level.

Second half of 2012 will likely test reserves, balance sheets and underwriting acumen—Keefe Bruyette & Woods expects Ace Ltd., Chubb Corp., Marsh & Mclennan Cos. and Proassurance Corp. to pass those tests with strong reserves and quality franchises.

21st Century, Argo, Infinity, EMC, Manulife, Tower and XL Group all released their second-quarter results.

Multiple billing systems to be consolidated to cloud-delivered STG Billing solution.

The specialty insurer looks to the claims management software to support its goal of increasing effectiveness and efficiency of payments.

The showdown came at a hearing held by the National Association of Insurance Commissioners on the controversial product, which is a kind of property insurance policy that banks purchase when mortgage borrowers stop paying for homeowners insurance. Banks receive a portion of the premiums through commissions, reinsurance deals and other payments from the specialty carriers that offer it.

New survey hints that organizational understanding may be more important than appropriate technology products when it comes to gleaning social insights.

International regulatory measures, including Solvency equivalency, highlight the AIA’s talking points heading into the weekend.

After purchasing ClaimCenter from the provider five years ago, the insurer is also implementing Guidewire's billing, client data management and policy administration systems.

Coverage Counselor is designed to help consumers understand how their personal circumstances impact their insurance premium and enable them to compare different levels of coverage.