Virtual Viewpoint is a regular feature of this website where we ask industry leaders a particular question on insurance technology. This time weve asked Kim Morton, director of global product marketing for OneShield, a question about billing systems.

Increasing rates and lower catastrophe losses led to a $6 billion favorable swing in net income for personal-lines insurers through the first six months of 2012 compared to the same period the year before, but economic and weather challenges remain for the segment, a recent analysis shows.

Prudential Financial on Thursday advanced to the final stage of the governments process for designation as a non-bank systemically important institution, according to several sources.

Prudential Financial on Thursday advanced to the final stage of the governments process for designation as a non-bank systemically important institution, according to several sources.

It would appear reports of the demise of the independent agent were greatly exaggerated, as a new survey shows the independent-agency system is growing again and is financially healthier than it has been in the past few years.

A convective storm front on Wednesday caused six tornado touchdowns in Alabama and Arkansas and hail and wind damage in several other states, reports EQECAT, but 2012 has seen fewer of these storm systems than last year, forecasters say.

Companies shopping in the $237 billion U.S. commercial-insurance market are purchasing liability products more than any other type of coverage, a recent study shows.

Florida Insurance Commissioner Kevin McCarty has approved another round of take-outs from the states bloated insurer of last resort.