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As premiums have grown, so have insurers IT budgets. But despite all the buzz around newer technologies, the three big areas of investment for insurers continue to be traditional areas of legacy system replacement, business intelligence and portals.
In the event of a mass-casualty accident involving the derailment of a crude-carrying train in a densely populated urban area, who would be responsible for the compensation for deaths, injuries, damage to property and environmental clean up?
In the event of a mass-casualty accident involving the derailment of a crude-carrying train in a densely populated urban area, who would be responsible for the compensation for deaths, injuries, damage to property and environmental clean up?
Ford Motor Co told dealers on Sunday that the radical redesign of the upcoming F-150 pickup will be easier and cheaper to repair than the outgoing model, helping hold down insurance costs for buyers.
American International Group Chairman Steve Miller says in an interview with Bloomberg Television that the company's reputation has improved since repaying the government and that AIG now has "tremendous momentum."
Allowing scheduled National Flood Insurance Program rate increases to move forward would be a critical first step toward attracting private insurers to the flood-insurance market, says the Government Accountability Office.
Allowing scheduled National Flood Insurance Program rate increases to move forward would be a critical first step toward attracting private insurers to the flood-insurance market, says the Government Accountability Office.
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