insurance industry

• Customer Service, Responsiveness are Key Factors Revealed in Insurance Mobility Survey

  By Staff Writer  |  May 22, 2013

  Where does the insurance industry stand with regard to real‐world business application of mobile technologies and how does the industry want to use mobile in the future?

• Texas Commissioner Kitzman Appears to Be on Way Out

  By Chad Hemenway, PropertyCasualty360.com  |  May 21, 2013

  According to two Texas state senators, it appears Eleanor Kitzman's services as insurance commissioner in Texas are no longer needed.

• Cat Bond Investors on Alert After Oklahoma Twister

  By Sarah Mortimer, Reuters  |  May 21, 2013

  Investors in niche financial bonds that cover insurers against huge natural disasters are on alert for future events that could force them to pay out after the powerful tornado that struck the U.S. on Monday, brokers and fund managers said.

• Industry Finding Ways to Extend Earnings Support from Reserve Releases

  By Phil Gusman, PropertyCasualty360.com  |  May 20, 2013

  While insurers continued to release reserves in 2012, the industry’s reserve position remains “modestly redundant” and slightly stronger than in 2011 a new report says, likely thanks to rate increases and muted claims activity.

• 

  Targeting the Other 1 Percent: Hiring Veterans

  By Laura Mazzuca Toops, PropertyCasualty360.com  |  May 17, 2013

  Inculcated with team thinking and strong work ethic, veterans seem like a natural fit for the insurance industry. Unfortunately, the industry doesn't agree.

• 

  State Division of Insurance to Report Losses from Boston Marathon Bombings

  By Chad Hemenway, PropertyCasualty360.com  |  May 17, 2013

  The Massachusetts Department of Insurance says it has a data call out to the insurance industry in order draft a report on the April 15 bombings at the Boston Marathon.

• 

  Streamlining the Claims Process at XL Group

  By Robert Regis Hyle, PropertyCasualty360.com  |  May 17, 2013

  Michel Finschi, chief operating officer, insurance claims, for XL Group, recently responded to our request for a Q&A on claims technology and its role within XL Group.

• New Medicare Secondary Payer Amendment Proposed

  By Arthur D. Postal, PropertyCasualty360.com  |  May 16, 2013

  Congress is again being asked to amend the Medicare Secondary Payment Act, just six months after enacting reform legislation dealing with the issue, which took five years to pass congressional muster.

• Appulate Launch Converts Forms into Data

  By Staff Writer  |  May 16, 2013

  Appulate, Inc., has launched a new product, LossRunner F2X, that converts loss run forms (received via fax or email) into data.

• 

  Meeting the Regulatory and Reporting Demands for Big Data

  By Volker Mohr  |  May 16, 2013

  New and developing regulations are bringing fresh challenges to the insurance industry.

• Endurance Hires Team to Start Excess Casualty Unit

  By Staff Writer  |  May 16, 2013

  Bermuda's Endurance Specialty Holdings says a new Excess Casualty team is joining the insurer.

• 

  4 Lessons to School Millennials on Renters' Insurance

  By Gayle O'Connell  |  May 15, 2013

  Insurance agents and brokers are perfectly positioned to help correct the misconceptions of millennial renters.

• Indiana Governor Signs Workers Comp Reform

  By Chad Hemenway, PropertyCasualty360.com  |  May 14, 2013

  The law imposes a hospital fee schedule with a maximum reimbursement rate of 200 percent of the Medicare rate for treatments and procedures to workers’ compensation claimants.

• 

  Refine IT Infrastructure To Streamline Claims Processing

  By Christina Bramlet, PropertyCasualty360.com, Brad Fisher, CPCU, AIC  |  May 12, 2013

  Insurers who invest wisely in IT infrastructure can streamline claims operations while propeling customer satisfaction. One VP elaborates...

• Xuber Launches Analytics Tool for Commercial Lines Market

  By Staff Writer  |  May 10, 2013

  Xuber announces the launch of Xuber Analytics, a data analysis tool designed to provide commercial insurers with deeper insight into their business

• Federal Bills Incentivize States to Adopt Uniform Building Codes

  By Arthur D. Postal, PropertyCasualty360.com  |  May 9, 2013

  Legislation has been introduced in both the House and Senate aimed at providing additional incentives for states to adopt and enforce uniform building codes.