Florida regulators continued the crackdown on high rates for force-placed homeowners insurance, announcing it has ordered American Security Insurance Co. to reduce its current rates by 10 percent.

Florida regulators continued the crackdown on high rates for force-placed homeowners insurance, announcing it has ordered American Security Insurance Co. to reduce its current rates by 10 percent.

One N.Y. court rules that an insurer cannot withhold pre-denial documents simply because an attorney conducted the coverage investigation.

Former Washington D.C. insurance commissioner Lawrence H. Mirel says the National Association of Insurance Commissioners is at a crossroads because it must clarify first what it is, and then work out a system for collaborating with federal regulators in overseeing large, multi-faceted insurance companies with international operations.

Scalability up to a modern PAS to handle 10 million to 40 million policies is a big challenge; everything that makes contemporary systems so usefulconfigurability, advanced functionality, flexibility and workflowcan exact a price in performance.

Scalability up to a modern PAS to handle 10 million to 40 million policies is a big challenge; everything that makes contemporary systems so usefulconfigurability, advanced functionality, flexibility and workflowcan exact a price in performance.

Although insurance-technology budgets are increasing for 2014, spending ratios remain within historical ranges, and the overall trend for the industry appears to be continuity and incremental advancement rather than giant leaps forward, according to a recent report.

Although insurance-technology budgets are increasing for 2014, spending ratios remain within historical ranges, and the overall trend for the industry appears to be continuity and incremental advancement rather than giant leaps forward, according to a recent report.