Underwriting

News

Accenture Offers New Business, Underwriting App for Life Insurance in the Cloud

By Chris McMahon

Company also releases actuarial calculation engine to reduce launch time for new products.

Progressive Sues State Farm and The Hartford

By Chris McMahon

Alleges patent infringement over auto monitoring and usage-based insurance.

Travelers, Accident Fund Identify Top Agents and Agencies

By Juliette Fairley

Award qualifications based on written premiums, cumulative loss ratio and premium retention.

Annual Net Income, Profitability Plummet for P&C Insurers

By Chris McMahon

Despite massive catastrophe losses, insurers meet obligations and have surpluses to cover new claims.

Local Underwriters an Important Link in the Insurance Chain

By Juliette Fairley

Study finds that 98 percent of customer service representatives rated underwriter access as very important or important.

Outlook Optimistic for CIOs

By Carrie Burns

Responding to business requests for focus on growth and profitability, insurance CIOs are prioritizing core and back-office systems initiatives, including new business/underwriting, according to Celent report.

Automakers Integrating Smartphones as Hubs

By Justin Stephani

Protocols, including smartphone implementation into auto production, set the stage for telematics use within the next five years, according to a new report.

Top States Ranked by Auto Insurance Rates

By Justin Stephani

Louisiana regains the title of most expensive state in which to insure an automobile.

Commercial Insurance Prices Increase in Q4

By Carrie Burns

Increased workers’ compensation and commercial property prices contribute to 3-percent increase for all standard commercial lines in fourth quarter, notes Towers Watson.

Analysis: Insurers Forced to Rethink Tornado Coverage

By Ben Berkowitz

Insurers such as Travelers and AIG say they may have to rethink how they handle the underwriting of reoccurring natural disasters.

Carriers Increase Interest in Underwriting Automation

By Pat Speer

Although challenges remain, insurers across all lines of business report an expanded focus on improving the underwriting process for all stakeholders.

Limits Sought on Vehicle Electronics

By John Crawley

The distracted driving battle goes on, as Transportation Secretary Ray LaHood proposes voluntary steps that would establish new safety criteria for hands-free calling, navigation and entertainment systems in new cars and trucks.

Predictive Modeling Making Inroads

By Bill Kenealy

Technology’s penetration most complete in personal lines, new report finds.

2011 Leaves Battered Bottom Lines in its Wake

By Bill Kenealy

Unprecedented catastrophe losses plagued industry financials and easily offset the notable increase in premiums written, A.M. Best reports.

Sentry Insurance Upgrades Compensation Management Solution

By Justin Stephani

Varicent Software tapped to reduce dependence on internal IT staff and streamline compensation network.

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