News

Obamacare Data Inflation Prompts Health Chief to Demand Review

The health department acknowledged Nov. 20 that it had double-counted about 393,000 people in dental plans when it announced that 7.3 million Americans were enrolled in August.

The health department acknowledged Nov. 20 that it had double-counted about 393,000 people in dental plans when it announced that 7.3 million Americans were enrolled in August.

Obamacare Users Would Move to Low-Cost Plans Under U.S. Proposal

The changes, which also include requirements for insurers on the transparency of their rate increases, are open to public comment.

The changes, which also include requirements for insurers on the transparency of their rate increases, are open to public comment.

House Republicans Sue Obama Over Delay in Health-Care Mandate

Republican leaders in Congress said the executive action was beyond the presidentís power, and some state officials have threatened to sue.

Republican leaders in Congress said the executive action was beyond the presidentís power, and some state officials have threatened to sue.

Hiscox Taps Neil Lipuma to Spearhead Expansion of Financial Services Book

Industry veteran sets sights on innovation and client satisfaction for private and start-up funds.

Industry veteran sets sights on innovation and client satisfaction for private and start-up funds.

Insurance Investment Managers Hampered by Aging, Obsolete Systems

Return, risk and regulatory pressures require radical re-thinking of portfolio management operations, according to a report from Celent.

Return, risk and regulatory pressures require radical re-thinking of portfolio management operations, according to a report from Celent.

81% of Companies Shifting Mission Critical Apps to Cloud

A Forrester Research survey found that cost savings is no longer the primary driver for leveraging cloud services.

A Forrester Research survey found that cost savings is no longer the primary driver for leveraging cloud services.

New York Life Honored for Workplace Equality by the Human Rights Campaign Foundation

The insurer earned top marks on the 2015 Corporate Equality Index for its corporate policies and practices related to LGBT workplace quality.

The insurer earned top marks on the 2015 Corporate Equality Index for its corporate policies and practices related to LGBT workplace quality.

Prestige International Deploys EIS Group's Core Systems

The insurance software is helping Prestige lower costs associated with claim adjudicating services for automobile extended warranty products.

The insurance software is helping Prestige lower costs associated with claim adjudicating services for automobile extended warranty products.

American Beacon Advisors Reaches Agreement to be Acquired by Kelso & Company and Estancia Capital Management

American Beacon Advisors, Inc., an experienced provider of investment advisory services to institutional and retail markets, announced today that its parent company, Lighthouse Holdings, Inc., has reached a definitive agreement to be acquired by investment funds affiliated with Kelso & Company and Estancia Capital Management, two leading private equity firms

Sorrento Pacific-Michael White Report: Wealth Management Income Grows to Record First Half

Bank and thrift holding companies (BHCs/THCs) tallied a record $71.22 billion in wealth management income in first half 2014, up 6.2% from $67.05 billion in first half 2013, according to the new Sorrento Pacific-Michael White Bank Wealth Management Report

Mercer to Acquire Private Markets Specialist SCM Strategic Capital Management AG

Mercer announced today that, subject to regulatory approvals, it has entered into a definitive agreement to acquire SCM Strategic Capital Management AG, a Swiss-based specialist private markets advisor and delegated solutions provider.

Securian Financial Group Acquires Majority Interest in Insurance Asset Manager

Transaction more than triples Securianís external insurance assets under management

Securian to Buy $16.4 Billion Asset Manager From Stone Point

Insurers have been buying asset managers to add fee revenue from third-party clients.

Insurers have been buying asset managers to add fee revenue from third-party clients.

Retirement Plan Insurers Expanding Mobile and Social Capabilities

plan participants expect the same level of transactional capability from their mobile devices that they experience in retail and other mobile friendly industries, Novarica finds.

plan participants expect the same level of transactional capability from their mobile devices that they experience in retail and other mobile friendly industries, Novarica finds.

Fitch's Inside Credit: Eurozone Banks' Sovereign Exposure and the U.S. Corporate Bond Market

The impact of possible limits on eurozone banks' exposure to sovereigns and shifting issuance patterns in the U.S. corporate bond market were top stories in this week's edition of Fitch Ratings' Inside Credit.

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