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Insurers To IT Units:

Show Us The Dollars

Insurers, pressed by a tough economy, are examining automation projects with a “show me the money” attitude, asking information technology departments to quantify the return on such investments, tech industry leaders advised at ACORDs annual conference in Orlando, Fla.

S&P: European Insurers

Face More Downgrades

Standard & Poors Ratings Services said the European insurance sector is still reeling from financial flexibility and capital adequacy problems, which would lead to ratings downgrades in the coming months. The forecast came in a report based on 34 debt-issuing European insurers.

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