News

Rating engine site AutoInsurance.com has launched new features on the site that enable shoppers to get more accurate auto insurance premium estimates.

Flooding in the Australian state of Queensland has intensified over the last few days as rainfall in January has compounded problems caused by rain and a tropical cyclone in late December, and insurers are reporting increasing claim counts.

Although property and casualty insurers weathered the global financial crisis better than other types of financial services firms, emotional scars remain—scars that have prompted insurers to hang onto extra capital, an industry expert contended.

Spending levels for most of Gartner’s clients are projected to go up in 2011, according to Kimberly Harris-Ferrante, vice president and distinguished analyst for Gartner, as they put the bad economy behind them.

Spending levels for most of Gartner’s clients are projected to go up in 2011, according to Kimberly Harris-Ferrante, vice president and distinguished analyst for Gartner, as they put the bad economy behind them.

The insurance industry is ablaze with news about how new technologies are transforming the insurance value chain. Insurers are actively looking to leverage appropriate technologies from agency and sales to underwriting and billing to claims handling.