INN Breaking News

Allstate Joins Geico in Charging Drivers More After Margins Fall

May 6, 2015 P&C insurance rates are ticking up with customers driving more and after a particularly brutal winter.

Europe Life Insurers Face Unsustainable Business Model, IMF Says

May 6, 2015 Low yields on government bonds mean euro-area life insurance firms are suffering from more severe stress than they incurred in recent tests.

Corporate America’s Unleash-the-Drones Plea Puts the Heat on FAA

May 5, 2015 AIG, which is already using drones for inspections in New Zealand, is among the companies leading the charge for clear drone rules.

Co-operative Insurance Goes With ISCS for SaaS Policy Admin

May 5, 2015 100-year-old P&C insurer to deploy cloud-based SurePower Innovation enterprise suite in effort to modernize and automate policy admin processes.

One-Third of Insurers Already Using Wearables: Accenture

May 5, 2015 Research from the company finds that 31% of insurance companies are already using wearable technology to engage customers, and two-thirds expect broad adoption of the technology within two years.

Auto Insurance Rates Rising, But Slowly

May 5, 2015 While commercial lines rates remain flat, auto and other personal lines insurance rates are going up a couple percent at a time, according to Marketscout research.

For a Better Claims Experience, RSA Selects Guidewire

May 5, 2015 The Canadian insurer will deploy ClaimCenter across all its lines of business, which include home, auto, business, marine, and travel.

Why Berkshire Hathaway, Hiscox Eschew the Mainframe

May 4, 2015 More insurers are choosing cloud-based systems rather than traditional mainframe deployments for the next generation of their core processing software.

GuideOne CIO Talks Building a Smarter Church

May 4, 2015 Doug Cretsinger, CIO of the commercial lines insurer, says that as the carrier ramps up for the future, there's lots of potential to leverage telematics and the Internet of Things even among its customer base of nonprofits.

United Healthcare Bets Big on Telehealth

May 4, 2015 UHC says it is partnering with three telemedicine companies Ė Doctor On Demand, Optumís NowClinic and American Well Ė to cover visits with a doctor via video technology, just as it would for in-person visits.

Adaptik and GhostDraft Partner on Document Creation

May 1, 2015 The alliance is intended to help bring new insurance products to market faster and cut the time required to produce personalized documents.

Prudential Says Mike Wells to Succeed Thiam as Group CEO

May 1, 2015 Wells joined Jackson in 1995 in the marketing and distribution arm and helped develop the firmís first variable annuity products

Obamacare Risk Fund May Pay Just 10% of Insurer Claims, S&P Says

May 1, 2015 The U.S. Centers for Medicare & Medicaid Services hasnít yet put out final figures on the risk corridor program, S&P said.

Willis to Buy Gras Savoye for $590 Million to Expand in France

April 30, 2015 CEO Casserley has been pursuing acquisitions to extend Willisís geographic reach and add customers seeking coverage for specialized risks.

Nations Insurance To Overhaul Payments With One Inc.

April 30, 2015 The P&C insurer will implement ProcessOne for payments and ContactOne for automated calling and messaging.

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