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Insurance Trade Associations Mostly Relieved by Financial Reform Bill Deal
Duplicative federal regulation of the insurance industry is essentially absent from the Dodd-Frank bill that emerged from a Marathon session in Congress June 25.
Algorithmics Acquires Actuarial Software Solution Provider VIPitech from Towers Watson
Algorithmics acquires actuarial software solution provider VIPitech from Towers Watson; deal is part of Algorithmics’ commitment to the insurance and pension fund sectors.
Principal Financial Executive Named Chairman of International Insurance Society
Principal Financial's Norman Sorensen named Chairman of International Insurance Society.
Congressional Hearings Unlikely to Threaten Insurers’ Use of Credit Scoring
Property and casualty insurers have long used credit scores to help build consumers' risk profiles, a practice generally regulated at the state level. Congress recently held informational hearings on the practice, but experts don't see federal regulation of the use of insurance scores in the near future.
Lawson Offers Full-Function ERP on Amazon Web Services Infrastructure
Part of Lawson's Cloud Services portfolio, the vendor's delivery of core systems on Amazon infrastructure is designed to help midsize companies and organizations looking for a more affordable, flexible and agile deployment option for full-function enterprise software.
WellPoint First in Health Benefits Industry to Accept HITRUST CSF Assessment Results as Assurance for Health Care Information Security
WellPoint first in health benefits industry to accept HITRUST CSF Assessment results as assurance for health care information security; capabilities of health insurer’s business partners for protecting health information will be evaluated.
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