Insurance Industry News

BestWeek: Obama Closing Gap on Insurance Industry Support, Survey Finds

November 1st, 2008

Democratic Sen. Barack Obama appears to be making inroads among professionals in the heavily Republican insurance industry, according to a poll conducted by BestWeek U.S./Canada.
In the final pre-election online survey of nearly 1,000 industry professionals, the Illinois senator gained 8.7 percentage points in favorability from his standing in mid-September.
The survey showed Republican John McCain still [...]

Olympus Managed Health Care Appoints Steve Stoute, Insurance Industry Executive, to Board of Advisors

July 9th, 2009

Olympus Managed Health Care Inc., a leading provider of health care claims administration and cost containment services, announced today that Steve Stoute, a veteran insurance industry executive, has been appointed to the company’s Board of Advisors. The Board establishes and manages the strategic direction of the company.
Stoute brings nearly 50 years of insurance industry experience [...]

New Mexico Superintendent of Insurance Rules New Mexico Title Insurance Rates to Increase 10.7 Percent Effective August 1, 2009

July 2nd, 2009

The New Mexico Superintendent of Insurance announced June 30, 2009, that effective August 1, 2009, real estate title insurance premiums would rise by 10.7 percent overall. Additionally, the remittance rates from title agencies to underwriters increased from 19 percent to 20 percent for residential properties. A new rate schedule has yet to be released.
This ruling [...]

The Protection Insurance Industry and IT – A Mixed Picture of Success, Reports FINEOS

June 26th, 2009

FINEOS Corporation, a global provider of innovative enterprise software solutions for insurance, announced the findings of the Protection Review survey carried out for the Personal Finance Society (PFS) and sponsored by FINEOS. The survey offers a snapshot of the protection market and the results help the life insurance industry develop the right solutions to meet [...]

Willis Chief Sees Financial Turmoil as a Golden Opportunity for the Insurance Industry

June 17th, 2009

In a time of financial turmoil, the insurance industry faces an unprecedented opportunity to begin selling on value and not on price, Joe Plumeri, Chairman and CEO of Willis Group Holdings the global insurance broker, told delegates at Insurance Day’s Summit Bermuda here. Delivering the keynote address at today’s event, Plumeri said that the [...]

Peak Performance Signs with Fifth Third Bank to Offer a Check Print Outsourcing Service for the P&C Insurance Industry

February 19th, 2009

Peak Performance Solutions, Inc. has signed with Fifth Third Bank to offer web-based check printing services to the Property & Casualty Industry as part of Peak’s insurance technology solutions.
Check and Form Printing Outsourcing through Peak Performance and Fifth Third Bank provides a cost-effective solution to transform and enhance your check/notice/disclosure/form printing and distribution process. By [...]

Research and Markets: The Insurance Industry in South East Europe Report Offers a Comprehensive Look at the Regional and 11 National Insurance Markets

February 13th, 2009

Insurance industry in the markets of South East Europe remains very fragmented and with numerous limitations to free flow of capital. However, it is bound to continue its astonishing development and is regarded to be one of the most important future markets for European companies. Insurance premium
growth rates, already double-double digit figures in most [...]

Senior Market Sales Offers Discounted E&O Insurance for Agents

February 9th, 2009

Senior Market Sales, Inc., a leading independent marketing organization (IMO), has partnered with Brown and Brown of California, Inc., dba CalSurance, to offer Errors & Omissions insurance for agents at significantly discounted rates. The initial open enrollment period launched Feb. 2, 2009. Insurance agents who are contracted with Senior Market Sales can now enroll for [...]

Research and Markets: 2009 Trendology: U.S. Health & Medical Insurance Carriers Reveals Quantitative Data for Current Year 2009 for the U.S., 50 U.S. States, and 900 Metro Areas

January 24th, 2009

Research and Markets 2009_trendology_u) has announced the addition of the “2009 Trendology: U.S. Health & Medical Insurance Carriers” report to their offering.
The 2009 Trendology report on the U.S. Health & Medical Insurance Carriers industry characterizes the industry in three descriptive methods: qualitative analysis, quantitative data and lists of major industry players. The written analysis includes [...]

Learn about the Non-Life Insurance Global Industry

January 21st, 2009

Datamonitor’s Non-Life Insurance: Global Industry Guide is an essential resource for top-level data and analysis covering the non-life insurance industry. It includes detailed data on market size and segmentation, textual analysis of the key trends and competitive landscape, and profiles of the leading companies. This incisive report provides expert analysis on a global, regional and [...]