Though property and casualty industry surplus is at records levels as of the end of the first quarter, insurers took a $4.5 billion underwriting loss, and recent developments point to worsening results in the second quarter.

As the concept of usage-based auto insurance (UBI) becomes increasingly prevalent, global professional services company Towers Watson is working with several large insurers, and has gathered and analyzed information from thousands of vehicles throughout the United States as part of its DriveAbility service offering. DriveAbility provides analytical support for...

TyMetrix, a provider of Web-based legal performance management solutions for claims organizations, announces the latest version of TyMetrix 360 for Claims & Risk. Designed for the specific needs of claims departments, the solution unifies processes and consolidates legal performance management data into a single, integrated system to help improve case...