A survey of insurance IT leaders conducted by Strategy Meets Action show 83 percent of carriers on the property/casualty side are keeping tech spending levels flat or with slight increases.

Instead of concerns, I actually see this as the most optimistic time for technology leaders working in the insurance sector. The technology available today far exceeds anything we would have thought possible just five years ago.

Instead of concerns, I actually see this as the most optimistic time for technology leaders working in the insurance sector. The technology available today far exceeds anything we would have thought possible just five years ago.

While the entire year’s results are not in yet, the insurance industry should show significant financial gains for 2010 and its performance will be the best it has experienced since the beginning of the financial crisis, said an industry observer.

Pacific Compensation Insurance has implemented FirstBest UMS from FirstBest Systems, an underwriting workstation combined with an agent portal and an instant upload solution.

Pacific Compensation Insurance has implemented FirstBest UMS from FirstBest Systems, an underwriting workstation combined with an agent portal and an instant upload solution.

The chief acquisition officer for Brown & Brown has left the company, replaced by a seasoned executive with more than 20 years of experience with the Daytona Beach, Fla.-based insurance brokerage firm.

Former Wisconsin Insurance Commissioner Sean Dilweg was named vice president, product executive of Madison, Wis.-based CUNA Mutual Group.