INN Breaking News

Why Social Engineering Succeeds, and How to Stop It

May 22, 2015 Insurers fearful of security events must double down on staff training to deter easily preventable social engineering hacks, experts say.

PMA Selects OneShield for Billing

May 22, 2015 Workers comp insurer plans to revamp its premium billing system to accommodate changing business models and reduce manual processes.

Why CareFirst Was Hacked, Despite Vigilance

May 22, 2015 The company found malware in its system before its 2014 breach, but wasn't able to clear it completely, allowing unauthorized access.

Cyber Attack Hits CareFirst BCBS

May 21, 2015 Information on more than a million customers may have been compromised in a June 2014 attack.

John Kim Elected President of New York Life

May 21, 2015 The executive came up through the investments organization and now has responsibility for insurance and agency operations.

CGI and Baseline Telematics Ally on Integration

May 20, 2015 The usage-based insurance tech company and rating engine provider are teaming up to create a cost-effective telematics platform, the companies said.

AIG Acquires ING Benefits Network to Add Multinational Clients

May 20, 2015 The insurer has been accelerating the pace of acquisitions this year after years of contraction.

Reliance Standard Selects FAST for Core Systems

May 20, 2015 The employee benefits specialty insurer now is engaged in a modernization project to improve technology, process and service delivery.

Keeping Up With Google: Inside USI's Plan

May 20, 2015 Though changes in the insurance business could lead to disintermediation of traditional distribution methods, USI CIO Stewart Gibson says his company is prepared to compete. Part 2 of 2.

New Mexico Mutual Selects Agencyport

May 20, 2015 Workers’ comp insurer intends to offer web-based service options to customers and independent agents; will integrate Agencyportal with Guidewire’s PolicyCenter.

IFG Companies Hires VP

May 19, 2015 Sophia J. DeCouto brings a wealth of excess and surplus lines property underwriting experience, IFG says, and will lead the primary property unit.

Qatar Re Selects Conning

May 19, 2015 Largest reinsurer in the Middle East signs multi-year license for GEMS economic scenario generator.

Allianz Gets Annuity Tech Leader from Wells Fargo

May 19, 2015 Paige Vinall also leads e-commerce strategy as well as the delivery of projects and services that support the company’s technology efforts.

Pennsylvania Financial Responsibility Assigned Claims Plan Picks OneShield

May 19, 2015 TPA will replace a 15-year-old legacy system with Market Solutions to reduce future staffing needs and increase PFRACP's ability to handle more claims per person.

John Paulson’s Latest Bet on Insurers Is $800 Million AIG Stake

May 18, 2015 The new position in AIG comes as Chief Executive Officer Peter Hancock redeems high cost debt and increases the repurchase of shares, which trade for less than three-quarters of book value.

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