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News

SwissRe Sees Industry Facing Financial Headwinds

By Bill Kenealy
Economists say carriers need to ready themselves for the slow growth environment ahead.

BCBS Breathes Life into Google’s Online Medical Records

Google Health got shot in the arm with the signing of its first insurer, Blue Cross Blue Shield of Massachusetts, which will offer its 3 million members a plan designed to enable them to keep better track of their medical information.

FBI Report Addresses Insurance Fraud

Agency charts rise in arson due to credit crisis.

Study Finds Millions May be Unfit for Roads

Report says that up to 33 million licensed drivers should not be driving.

Farmers Opens Mobile Claims Center After Tornado

Insurer is processing claims and serving meals in storm-damaged Minnesota town.

FM Global Makes Risk Prevention Data Available at No Cost

The insurer plans to release its property loss prevention engineering guidelines at no cost through its Web site.

Insurance Networking News, Celent Announce INN’s 2008 Vanguards in Insurance Practices

Winners represent reader recognition of insurance business and technology solution visionaries.

Telematics Can Produce Savings for Auto Insurers

By Carrie Burns
A new report says telematics will help insurers improve the accuracy of their risk-based pricing models, and potentially allow them to offer more variable, pay-as-you-drive pricing models.

Roof Vent Aims To Prevent Wind Damage

New vacuum-creating technology could become a fixture in areas prone to high winds.

Women in Insurance Discuss Industry Challenges

The Women's Network Group membership gathered in Sacramento, Calif., to discuss the challenges and opportunities in a softening marketplace and economy.

Insurers in Virginia to Assist Tornado Victims

Travelers mobilized its Catastrophe Response Team and Farmers Insurance opened a temporary claims location to aid customers.

Banks Continue to Move Into Insurance

By Bill Kenealy
New data shows commercial banks are making inroads in the U.S. insurance market.

P&C Claims Officers Cite Competitive Pressures as Top Challenge

A recent Towers Perrin survey found attracting and retaining top talent is emerging as a major issue facing carriers in 2008.

Feds Fund Decision Support Studies

The federal Agency for Healthcare Research and Quality is providing $5 million to fund two studies of best practices for using clinical decision support software.

Looking Into the Future of the Nonstandard Insurance Market

By Carrie Burns
Predictive modeling and emerging claims technologies will affect the nonstandard auto insurance market, according to Conning Research & Consulting.

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