Significant process and technological improvements to the personal lines insurance claims function have been made over the past 15 years, but even more profound changes are likely in the next wave of investment over the next decade, according to a new study by Conning Research & Consulting.

Significant process and technological improvements to the personal lines insurance claims function have been made over the past 15 years, but even more profound changes are likely in the next wave of investment over the next decade, according to a new study by Conning Research & Consulting.

Arch Capital Group Ltd.s 2011 second-quarter net income dropped more than 61 percent compared to the same period a year ago as catastrophes caused $95 million in losses for the Bermuda-based specialty insurer and reinsurer.

W.R. Berkley Corp. says second-quarter net income fell about 25 percent as catastrophes during the period more than doubled compared to last year.

A revamped consumer site that provides information on Florida property rates is now operational.

American International Group Inc. says a federal judge has given preliminary approval to a $450 million settlement it reached with a handful of companies that alleged AIG cheated a workers compensation program.

SpeedBuilder Systems, a provider of software and services for the insurance industry, announces a partnership with PEER 1 Hosting, enabling SpeedBuilder to offer its BindExpress policy administration suite as a software-as-a-service (SaaS) solution.

SpeedBuilder Systems, a provider of software and services for the insurance industry, announces a partnership with PEER 1 Hosting, enabling SpeedBuilder to offer its BindExpress policy administration suite as a software-as-a-service (SaaS) solution.