Technology
Technology
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State Farm Insurance has put a new spin on why people living in the United States should be grateful this Thanksgiving—they are less likely to be burned or have their homes catch fire as a result of cooking a turkey.
November 16 -
Roughly two-thirds of life and annuity producers surveyed by Deloitte (http://www.deloitte.com) expect to change carriers within the next 12 months. Twenty-nine percent plan to add carriers and one-third expect to both add and drop carriers. Sales support, speed of underwriting and policy issue, and carrier brand are the top factors influencing these decisions. Forty percent are not satisfied with the support they currently receive. And, with more than 80 percent of a producer’s total compensation coming from two favored carriers, there is room for improved producer loyalty and sales through better support, said Rebecca Amoroso, vice chairman, Deloitte LLP and insurance leader.
November 16 -
A group of 13 U.S. Senators are questioning a provision of the Flood Insurance Reform and Modernization Act of 2011 that would require homeowners and businesses to purchase coverage from the National Flood Insurance Program (NFIP).
November 16 -
A number of insurers have released financial results for Q3 2011. The following is a compilation of their announcements:
November 16 -
In its second setback in less than a week, BP Plc learned this morning that it is not entitled to insurance claims reimbursement from Transocean’s insurance carriers as a result of the 2010 Gulf of Mexico oil spill.
November 16 -
Prolonged low-rate environment presents both short- and long-term challenges for life insurers, a new report says.
November 15 -
Balancing innovation and cost leadership, agility and action-oriented methodologies among topics to be covered.
November 15 -
Growth of spending on risk management tools projected to outpace the growth of overall IT spending, making it the hottest corner of the IT market.
November 14 -
With a decision expected by the end of June, 2012, the case is seen as pivotal to Obamas presidential aspirations, as well as insurers.
November 14 -
New data from Keefe, Bruyette & Woods shows catastrophe losses impacting insurers bottom lines.
November 14 -
The Independent Insurance Agents and Brokers of America (IIABA) recently honored Caliper Corporation's Founder and CEO Dr. Herb Greenberg, for his role over a five-decade period in improving the performance of its state associations and member agencies. In particular, Greenberg was noted for his development of the Caliper Profile, a proprietary personality assessment.
November 14 -
After Americas Health Insurance Plans issued a statement requesting the implementation date of the Affordable Care Acts Summary of Benefits and Coverage be pushed back, health care consumers, practitioners and consumer advocates urge action.
November 14 -
Turnstile aims to expedite processing time for carriers receiving submissions from independent agents.
November 14 -
Vendor hopes Xiance Desktop will enable insurers to better predict a property's vulnerability to natural disasters.
November 11 -
Vendor claims its new platform can sharply reduce the data security risks of insurers.
November 11 -
According to a new study from Strategy Meets Action, social media has become a nearly universal practice among insurers (nine percent reported not having a social media strategy or initiative planned), however, very few are beyond the basics of posting and monitoring.
November 11 -
The investment income woes of property/casualty insurers did not begin with the 2008 financial crisis, new analysis from Fitch Ratings reveals.
November 11 -
Small-business owners trust independent insurance agents and commercial insurance carriers more than other financial services businesses, according to carrier-sponsored survey.
November 11 -
MIT Sloan and IBM survey points to organizational differences as main factor in competitive advantage with data.
November 11 -
There can be, if insurers become fully aware of the ways to secure data.
November 10