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News

Telematics Can Produce Savings for Auto Insurers

May 8, 2008 - 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.

Progressive Web Site Raises Bay State Hackles

May 8, 2008 - The Massachusetts Association of Insurance Agents alleges the company’s online quotes mislead consumers in Massachusetts.

Trio Tapped for Hall of Fame

May 8, 2008 - Two executives and an actuary constitute this year’s International Insurance Society class of inductees.

Solvency II Spurring Investment

May 7, 2008 - European insurers are ponying up the cash to ready their infrastructures for more stringent regulatory requirements.

Roof Vent Aims To Prevent Wind Damage

May 6, 2008 - New vacuum-creating technology could become a fixture in areas prone to high winds.

The Insurance Technology Indecision Cycle

May 6, 2008 - Getting caught up in the details can lead to protracted negotiations and an inefficient and ineffective vendor selection process that erodes ROI before the project starts.

Women in Insurance Discuss Industry Challenges

May 2, 2008 - The Women's Network Group membership gathered in Sacramento, Calif., to discuss the challenges and opportunities in a softening marketplace and economy.

Wireless—A New Way of Life

May 1, 2008 - Wireless e-mail has been deployed, or is being deployed, by 85% of enterprises in North America and 70% in Europe, according to a report from Forrester Research Inc.

Driving to Distraction

May 1, 2008 - If teens are in denial about whether they are safe drivers, is in-vehicle technology the answer to monitoring and reducing risk?

Insurers in Virginia to Assist Tornado Victims

April 30, 2008 - Travelers mobilized its Catastrophe Response Team and Farmers Insurance opened a temporary claims location to aid customers.

Insurers Innovating Web Customer Services

April 30, 2008 - New York Life and MetLife are two insurers making changes to their Web sites to satisfy and educate customers.

Agreeing to Disagree

April 29, 2008 - A new report indicates differences of opinion on how an IASB global insurance standard should be drafted and implemented—often depending on geography, regulatory environment or industry sector. Moreover, its impact on systems, data, pricing and capital management will be “life-changing,” says Ernst & Young practice leader.

Study: Insurance Buyers and Brokers Relationships Shifting

April 28, 2008 - Advisen-RIMS' "Broker Services and Remuneration Study" shows buyers driving brokers toward services, and moving from commission to fees.

The Making of a Juggernaut?

April 24, 2008 - The Liberty Mutual/Safeco pairing marries technological savvy with a strong regional distribution network.

Will Technology Accelerate Global Expansion of SMBs?

April 23, 2008 - The evolution of technologies, such as Web conferencing, instant messaging and portals offered as Software-as-a-Service applications, will enable small and medium-sized businesses to transform into global trading partners, according to IBM.

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