Navigating the "New Normal"
In a business environment of changing customer and regulatory demands and challenging economic realities, insurers need to respond, and we have to respond profitably, quickly and flexibly to change with more customer-centric business models.
AIG to Resume Use of its Brand Name
Bailed-out insurer American
International Group Inc will resume using its brand name
in public in a move to recognize the company's turnaround, Chief
Executive Bob Benmosche said on Thursday.
The Supreme Court Rules on the Affordable Care Act: What It Could Mean for Insurers
The Supreme Court’s five-to-four ruling that the Affordable Care Act’s individual mandate provision is constitutional because it is a tax is having many immediate consequences. It surprised many observers, positioned Chief Justice John Roberts as one of the most influential Chief Justices in history, gave President Obama a victory, and inspired Mitt Romney and other Republicans to declare they would overturn the legislation. But what will be the long-term impact? Here are opinions, r
Health Insurance Individual Mandate Upheld By U.S. Supreme Court
The U.S. Supreme Court on
Thursday upheld the centerpiece of President Barack Obama's
signature healthcare overhaul law requiring that most Americans
get insurance by 2014 or pay a financial penalty, a historic
ruling that gave the White House a big win ahead of Obama's
re-election bid in November.
Health Insurance Mandate Constitutional — Early Reactions
The Court held that the mandate within the Affordable Care Act to purchase health insurance is constitutional as long as states would only lose new federal funds if they fail to comply with the new requirements, rather than existing sources of healthcare-related funding.
XL Group Touts "Dramatic" Website Redesign
Created with help from Brooklyn, N.Y. digital marketer Huge, the site provides a streamlined experience aimed at easing navigation for users who may not be familiar with XL and its products.
Tropical Storm Debby Heads for Florida Coast
Tropical Storm Debby meandered
slowly to the Florida coast on Sunday, bringing strong winds and
waves that forced the closure of about a quarter of offshore oil
and gas production in the Gulf of Mexico and spawning tornadoes
that killed one person.
How 2012 Grads Can Prepare for a Career in Insurance IT
As Insurance & Technology’s new report on the Top 11 Schools for Insurance Technology Talent reveals, today’s students graduate from college with impressive training, skills and credentials. But do they have other capabilities – such as common sense, creativity, empathy, a sense of adventure -- that are essential to success in the business technology world? And what can they do to gain these kinds of skills and insights? Here is some of the best advice provided to the college g
Health Insurers to Pay $1.1 Billion in Rebates
U.S. health insurance
companies are due to pay out $1.1 billion in rebates to
employers and individuals this summer, under a new industry
regulation imposed by President Barack Obama's health care law,
the administration said on Thursday.
Is Insurance Always a Low-Touch Industry for Mobile?
Conventional wisdom states that insurers aren't reached as much through the mobile channel as other financial services sectors. But there's one unique aspect of the insurance industry for which that is not the case.
Dallas Hail Insured Loss Estimate Halved
Insured losses from last week's violent
hailstorm in Dallas should be just under $1 billion, a trade
group for Texas insurers said on Tuesday, sharply less than what
another industry group estimated last week.
Analysts Say Microsoft Tablet No Threat to iPad
Microsoft Corp's new tablet
computers are no threat to Apple Inc's iPad, given the
lack of enthusiasm among developers to create applications that
run on the new Windows operating system, analysts said.
Microsoft Tackles iPad with Surface Tablet
introduced its own line of tablet computers on Monday at a
much-hyped press event in Los Angeles, marking a major strategic
shift for the software giant as it struggles to compete with
Apple Inc and re-invent its aging Windows franchise.
Insurers Sail Under "Winds of Change"
Even as technology is driving change in the insurance industry more than ever, today's commerce is characterized by the human concerns of consumers, be they end-customers, customer-facing employees or even mobile app developers.
Insured Losses from Dallas Hail Could Hit $2 Billion
Insured losses from the massive
hailstorms that struck the Dallas area on Wednesday could reach
as much as $2 billion, based on the volume of claims insurers
have already received, the Southwestern Insurance Information
Service (SIIS) said on Friday.