News

The Hartford Signs Agreement With IBM To Move IT To The Cloud

The Hartford and IBM announced a new six-year technology services agreement to implement a new service model that includes a private cloud infrastructure.

Southern Trust Modernizes Insurance Policy and Billing Systems with Software from Accenture

Accenture Duck Creek software replaces legacy system for improved efficiency through centralized management of processes

OneMind Health Launches Complete Eligibility and Benefits Solution for Dental Practices

Complete patient eligibility and benefits details to simplify workflow, reduce costs and improve case acceptance

Integrating Consumer Wearable Health Devices Will Drive Healthcare Big Data Adoption, Says ABI Research

This year close to 42 million wearable wireless sports, fitness and wellness devices will ship worldwide.

Fireman’s Fund Insurance Company Announces Senior Product Director for Healthcare Professional Liability

Fireman’s Fund Insurance Company is pleased to announce the appointment of Mike Midgley, JD, MPH, RN, CPHRM, FASHRM to senior product director for healthcare professional liability.

The American Worker Plans Introduces “The BeneStream Solution”: the First Employer-Sponsored Medicaid Carve-Out Program

The Affordable Care Act employer mandate will present meaningful challenges for large employers. Employers of low income employees can best be served by enrolling as many of these workers as possible in Medicaid, government health insurance that also includes vision and dental, with limited out-of-pocket expenses.

Obamacare Regular Enrollment Closes for 2014 Health Plans

For Obamacare procrastinators, time’s up.

Best’s Journal: Growing Supply-Demand Gap Weighs on Global Reinsurers

Despite competitive market conditions in the global reinsurance industry, new capital continues to enter the market, creating additional pressure as the overflow of capacity is reallocated to a broader spectrum of business classes and regions.

A.M. BestTV: U.S. Independent Agents Outline National Priorities

This episode of A.M. BestTV looks at the Independent Insurance Agents and Brokers of America’s (IIABA) legislative conference in Washington, where members pushed for key legislative priorities, including terrorism risk cover, multistate licensing, a greater role in health care insurance and tax changes.

FGIC Announces Settlement with Bank of America

Financial Guaranty Insurance Company today announced that it has reached a comprehensive settlement with Bank of America Corporation and certain of its subsidiaries concerning nine second-lien residential mortgage-backed securitizations sponsored by Countywide Home Loans, Inc., for which FGIC provided financial guaranty insurance.

ACE Expands Products to Respond to Unique Needs of Life Sciences Companies

ACE Group today announced that the ACE Medical Risk Group has enhanced its Life Sciences capabilities to include a commercial package offering comprised of general liability, inland marine, crime, umbrella liability and business automobile coverages to help address the unique needs of life sciences companies.

W. R. Berkley Corporation Names Susan N. Grady President of Berkley Mid-Atlantic Group

W. R. Berkley Corporation today announced that Susan N. Grady has been named president of Berkley Mid-Atlantic Group.

Crown Global Announces New Reinsurance Treaty

Now has $90 million in life reinsurance capacity

Life Partners Sues Charles Schwab Subsidiary for Counterfeiting

Life Partners Holdings, Inc. announced today that it has filed suit against optionsXpress, Inc., a subsidiary of The Charles Schwab Corporation, the company’s Chief Financial Officer, and one of the company’s largest customers for issuing and selling counterfeit shares of Life Partners Holdings stock.

IMS Health Study: Spending Growth Returns For U.S. Medicines

Overall Healthcare Usage Up for First Time in Three Years; Impact of Patent Expiries on Drug Costs Falls; Record Number of Transformative Medicines Launched

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