News and information for insurance professionals on the various ways technology is being used to provide "solutions" for clients, for example, the ways smart homes are helping assess risk for homeowners insurance.
SAP's rapid-deployment solution is designed to help insurers located or doing business in the EU to meet the Solvency II Directive's reporting requirements.
California is turning into a battleground for technology that allows auto insurers to track their customers' driving behavior and offer them lower premiums, but that privacy advocates reject as an excessive intrusion with serious consequences.
Medical Malpractice insurers are struggling against a dwindling client base, a soft market, burgeoning jury awards and new federal health-care regulations as they try to retain current business and attract new clients.
The Consumer Federation of America issued a fact sheet responding to industry criticisms of its recent report that argues insurers use computer-claims systems to reduce payouts.
Given the 2011 residential property reforms, expect Floridas 2012 session to be much quieter in that area. The exceptions could be legislation on Citizens and the Cat Fund.
If the numerous PIP bills in the pipeline for 2012 are not enough to get peoples engines running, there are several other driving-related bills that are guaranteed to stir things up.
In this Opinion piece, an insurance executive says that PIP fraud has a lot of people complaining but not enough of them doing anything about it. He is issuing a call to action for insurers and consumers to campaign for reform at the grassroots level.
Like being stuck in a recurring dream, the people of Florida continue to face the vexing question of what to do with a no-fault automobile insurance system that forces them to pay more than necessary for insurance. Its time to wake up.