The advantages of cloud-based services are rapidly becoming more appealing for insurers, and now is definitely the time to consider all the options. The cloud provides insurers the flexibility to respond quickly to changing market needs and customer demands without additional investments in capital or technology infrastructure. In short, it...

The advantages of cloud-based services are rapidly becoming more appealing for insurers, and now is definitely the time to consider all the options. The cloud provides insurers the flexibility to respond quickly to changing market needs and customer demands without additional investments in capital or technology infrastructure. In short, it...

Small to mid-sized agencies are using the cloud and tablets to increase productivity and reduce costs.

Small to mid-sized agencies are using the cloud and tablets to increase productivity and reduce costs.

American International Group contends it never forfeited its right to sue mortgage bankers that sold it virtually worthless mortgage-backed securities, and the insurer says a Federal Reserve official has made inconsistent statements to the court on the matter.

A federal bankruptcy judges decision yesterday to approve the Chapter 9 bankruptcy of Stockton, Calif., increased the possibility that two bond insurers may have to make good on the $380 million in exposure they hold with the city.

A federal bankruptcy judges decision yesterday to approve the Chapter 9 bankruptcy of Stockton, Calif., increased the possibility that two bond insurers may have to make good on the $380 million in exposure they hold with the city.

American International Groups profit growth for next year may be less than investors expect because technology investments aimed at reducing costs of handling claims could come in higher than projected, Sterne Agee & Leach analysts say in a new report.