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The Innovation Group, a global provider of business process outsourcing (BPO) and software solutions to the insurance, fleet, automotive and property industries, releases a new version of Insurer Analytics, the business analytics component of the companys Innovation Insurer suite.

The Innovation Group, a global provider of business process outsourcing (BPO) and software solutions to the insurance, fleet, automotive and property industries, releases a new version of Insurer Analytics, the business analytics component of the companys Innovation Insurer suite.

One mans days in the sun could be numbered after he allegedly committed insurance fraud to collect more than $40,000 in undeserved workers compensation benefits.

After suffering through a year of elevated property losses and poor underwriting results in 2011, U.S. commercial-lines insurers are positioned to deliver improved operating results this yearbut carriers will still struggle to reach previous profit marks, one analyst says.

Zurich-based reinsurer Swiss Re says its subsidiary Swiss Re Capital Markets has placed a $200 million insurance-linked security with the capital markets that has the unique feature of covering the reinsurance exposures of two carriers.

A survey of personal-lines insurance customers indicates that insurers and agents need to focus on the younger generation of buyers to grow market share, or risk losing this generation to online-only writers.