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Data--specifically customer information--is the very lifeblood of the insurance enterprise. Not surprisingly, then, ownership and stewardship of that data is a subject on which many in our industry
Affiliated Computer Services, Inc., announced an agreement to acquire CompIQ Corporation, a provider of workers' compensation claims review, re-pricing, and software solutions, for $22 million plus
The buyers market has not only continued into 2008 but accelerated, with the average commercial insurance rate decline deepening by 1.5 points to 13.5 percent for the first three months of the year,
National Underwriter has extended until June 9 the deadline for entries in the second annual "NU Award For Excellence In Workers' Compensation Risk Management," sponsored by the National Council on
The battle lines began to take shape last week over legislation to create a federal insurance "information office" within the Treasury Department, in what promises to be a tough fight over what might
"Risk managers cannot afford to become complacent. This is no time for them to rest on their laurels."--Bill Perry, president Logic Associates
Effectively getting an organization's position across during a crisis is a key aspect of enterprise risk management, as poor press relations can exacerbate an already catastrophic situation. How can
Insurers have become too dependent on catastrophe models when deciding which risks should be cancelled and which ones are acceptable, Karen Clark, founder of the first cat modeling firm, warned.
Liberty Mutual Group's surprise announcement that it plans to acquire Safeco Corp. for $6.2 billion was met with positive comments from independent agent representatives, but cautious skepticism by
A basic duty of an insurance agent or broker is to provide requested coverage within a reasonable time period, but the duty doesn't exist until the producer agrees to procure the coverage, a court rul
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