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LexisNexis Risk Solutions announces the migration of its insurance technology solutions to the LexisNexis big data processing platform known as HPCC Systems. LexisNexis is leveraging the platform to help insurers assign premium more accurately, better understand their customers and risk throughout the policy lifecycle, and drive a more profitable book...
State Auto Financial Corp. reports a net loss of $2 million for the first quarter of this year as the combination of underwriting loss and increased expense weighed on results.
Fewer auto-insurance consumers are shopping their coverage today, but those who do shop seem more willing to switch providers than in past years thanks to competitive quotes, says J.D. Power and Associates.
When a puff-back in the chimney of the home of a Rhode Island manufacturing companys CEO caused extensive damage throughout his familys elegant 7,200-square-foot Colonial home, his claims adjuster faced a complex case: The smoke damage to the decorative painting on the living room walls would require careful restoration, while...
Most employees know very little about Group Disability Insurance, but when they learn more about it, nine out of 10 say they want the coverage and are willing to pay for it, according to a survey by the Consumer Federation of America (CFA) and employee-benefits insurer Unum.
Risk managers seeking to keep Workers Compensation costs down would do well to utilize claims data and perform analyses that could help them avoid the most expensive claims.
Bermuda insurers and reinsurers report strong first-quarter earnings relative to a year ago, with several swinging back into the black after reporting Q1 losses in 2011.
Rates for primary Directors & Officers Liability insurance programs for public companies in Q1 2012 were up an average of nearly 1.5 percent, after decreasing an average of about 4.3 percent in 2011.
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