Douglas G. Elliot, the president and CEO of Hartford Steam Boiler Group, has resigned to join The Hartford as president of commercial markets.

New York Gov. Andrew Cuomo and legislative leaders have agreed on a state budget that still includes merging the state’s insurance and banking departments.

GMC Software Technology, a provider of customer communications solutions, announced the introduction of GMC Inspire, a customer communications management (CCM) platform. Enabling new ways to engage customers and target markets across digital and print channels, the solution will help insurance businesses increase retention, accelerate acquisition, and drive operational efficiency.

ClaimVantage, a provider of claims administration software and services, announced its solution for absence management—an integrated product for managing allowed absence, short term disability (STD), and complex regulations like the Family Medical Leave Act (FMLA). The solution is a workflow-driven, rules-based, application that enables accurate and efficient decision-making.

FIS Software, a provider of policy administration systems for life, annuity, pension, and health products, and WorkLight, a developer of mobile application platform technology, have partnered to enable insurance companies to provide smartphone and tablet applications to agents, brokers, and policyholders.

The Supreme Court on Tuesday questioned a massive sex discrimination lawsuit on behalf of at least 500,000 women claiming that Wal-Mart favors men over women in pay and promotions.

If bankers are able to upset the restructuring plan of MBIA that splits the company into two insurers, one MBIA entity would be helped, but it would probably harm the company as a whole, Moody’s Investors Service says.

Thirteen states were added for residential licensing and eight were added for resident-licensing renewals for licensing applications with the National Insurance Producer Registry, the group says in its annual report.