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Assurant Insurance Companys specialty-property unit defended its forced-place-insurance practices, saying that, among other protections, it seeks to ensure that consumers are well-informed about their force-placed coverage.

Since insurers are intrinsically in an information business, itstands to reason that data collection and analysis is of paramount importance. Historically, insurers have struggled to trust decisions based off analysis of data from their legacy systems because of deep concerns about the quality of the data. And, as carriers bring...

Since insurers are intrinsically in an information business, itstands to reason that data collection and analysis is of paramount importance. Historically, insurers have struggled to trust decisions based off analysis of data from their legacy systems because of deep concerns about the quality of the data. And, as carriers bring...

IBM announces a definitive agreement to acquire Varicent Software Incorporated, a provider of analytics software for compensation and sales performance management. Varicent is a privately held company, with headquarters inToronto.

IBM announces a definitive agreement to acquire Varicent Software Incorporated, a provider of analytics software for compensation and sales performance management. Varicent is a privately held company, with headquarters inToronto.

An adjuster was presented with a water-damage claim involving what was described as an antique 10-by-13-foot Heriz Rug valued at $25,000. The water damage caused the colors to run, rendering the Persian rug a total loss, according to the insureds claim.