INN Breaking News

MetLife Unveils New Life Insurance Field Underwriting Tool

November 26, 2014 The new offering is designed to provide a better client experience and more accurate rating class estimates.

Digitally Distracted Driving Continues to Increase

November 26, 2014 The upward trend in smartphone use while driving may be largely due to the fact that more drivers own smart phones, but there’s also variation in the activities distracting drivers.

Hurricane Sandy Victims Allege Racketeering in Claims Review

November 26, 2014 By denying or underpaying claims, Wright mitigated its risk of facing a government audit and financial penalties for overpayment, according to the complaint.

Obamacare Data Inflation Prompts Health Chief to Demand Review

November 25, 2014 The health department acknowledged Nov. 20 that it had double-counted about 393,000 people in dental plans when it announced that 7.3 million Americans were enrolled in August.

Former Massachusetts Insurance Commissioner Becomes Coverys COO

November 26, 2014 Joseph Murphy will take the reins of the malpractice insurers’ underwriting and risk management operations.

Obamacare Users Would Move to Low-Cost Plans Under U.S. Proposal

November 25, 2014 The changes, which also include requirements for insurers on the transparency of their rate increases, are open to public comment.

Insurance Investment Managers Hampered by Aging, Obsolete Systems

November 24, 2014 Return, risk and regulatory pressures require radical re-thinking of portfolio management operations, according to a report from Celent.

New York Life Honored for Workplace Equality by the Human Rights Campaign Foundation

November 24, 2014 The insurer earned top marks on the 2015 Corporate Equality Index for its corporate policies and practices related to LGBT workplace quality.

Hiscox Taps Neil Lipuma to Spearhead Expansion of Financial Services Book

November 24, 2014 Industry veteran sets sights on innovation and client satisfaction for private and start-up funds.

House Republicans Sue Obama Over Delay in Health-Care Mandate

November 24, 2014 Republican leaders in Congress said the executive action was beyond the president’s power, and some state officials have threatened to sue.

Accenture, MIT Rally Big Data and Analytics Researchers

November 25, 2014 Previous initiatives have studied social media causal monitoring, learning and revenue optimization, equipment failure prediction, and fraud detection and prevention.

81% of Companies Shifting Mission Critical Apps to Cloud

November 25, 2014 A Forrester Research survey found that cost savings is no longer the primary driver for leveraging cloud services.

Securian to Buy $16.4 Billion Asset Manager From Stone Point

November 21, 2014 Insurers have been buying asset managers to add fee revenue from third-party clients.

Retirement Plan Insurers Expanding Mobile and Social Capabilities

November 21, 2014 plan participants expect the same level of transactional capability from their mobile devices that they experience in retail and other mobile friendly industries, Novarica finds.

Prestige International Deploys EIS Group's Core Systems

November 21, 2014 The insurance software is helping Prestige lower costs associated with claim adjudicating services for automobile extended warranty products.

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