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Technology News

Battening Down For Data Breaches

news: New report details risk management best practices and mitigation strategies for cyber world.

MajescoMastek Partners With Appian

alliances: Partnership combines technologies and experience of both vendors to provide a more comprehensive BPM package.

Sentric Releases Updated HCM Software

product watch: Cloud-based, SaaS system enables employees to manage their own account information and simplified implementation.

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Industry News

2011 Leaves Battered Bottom Lines in its Wake

news: Unprecedented catastrophe losses plagued industry financials and easily offset the notable increase in premiums written, A.M. Best reports.

Allstate Opens Up Shop in Auto Dealerships

carrier developments: After pilot programs, carrier moves to expand its presence within dealerships, working in conjunction with dealer F&I offerings.

Brokers Back MLR Bill

news: IIABA backs legislation that would exclude agent compensation from medical loss ratio determination.

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RATINGS CORNER

Allstate, New York Life and 15 Others See Ratings Updates

UPDATE: AIG, Allianz receive outlook revisions; Berkshire Hathaway, Old Republic, Sun Life and USAA also see updates.

Harleysville, Old Mutual and 14 Others See Ratings Updates

UPDATE: Sun Life's rating affected by its exiting of U.S. variable annuity and individual insurance markets; Chartis Select, Nippon Life Insurance and ING Life Japan receive updates as well.

Allstate, Zurich and 13 Others See Ratings Updates

UPDATE: Old Republic International's outlook revised and Fitch comments on Aon's relocation overseas; MassMutual, Montpelier Re and several others receive updates.

AIG, SCOR and Eight Others Receive Ratings Updates

UPDATE: Prudential's new subsidiaries assessed; AIA, HSBC Insurance receive new ratings, and several more are reviewed.

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Spotlight

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Statistically Speaking

Opportunities Abound for Mobile Expansion

While mobile technology is nothing new to insurers, survey results indicate few are taking advantage of the possibilities.

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Blogs

The Big Push for Big Data Skills

Joe McKendrick
As analytics becomes a key competitive differentiator, the skills needed to manage stores of data are in high demand.

The FIO Fizzle

Bill Kenealy
As a deadline passes, the Federal Insurance Office’s report on modernizing insurance regulation remains a no-show.

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    Industry Links

    ACORD - Association for Cooperative Operations Research & Development


    American Academy of Actuaries

    America's Health Insurance Plans

    American Association of Managing General Agents

    The American College

    American Council of Life Insurers

    American Insurance Association

    Chartered Property Casualty Underwriters Society (CPCU)

    Independent Insurance Agents & Brokers of America

    Insurance Accounting and Systems Association (IASA)

    Insurance Information Institute (III)

    National Association of Insurance Commissioners (NAIC)

    National Association of Mutual Insurance Companies

    National Association of Professional Insurance Agents

    Property Casualty Insurers Association of America (PCI)

    Reinsurance Association of America

    Risk and Insurance Management Society Inc.

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