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February 05, 2010
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Study: Online search for life insurance information jumps 15%

by Insurance Headlines - Feb 05,2010

More Americans are turning to the Internet for information about life insurance, according to a new study. Reston, Va.-based comScore, a digital marketing firm, found that searches for life insurance information grew to 16.6 million queries in 2009, an ... [full story]

Policy Admin Systems Don’t Meet Carrier Needs Accenture Finds

by National Underwriter - Feb 05,2010

Insurance company policy administration systems are overburdened and not meeting carrier demands for growth, adaptability and standardization, a survey by Accenture has revealed. The consulting firm found 84 percent of those property and casualty insurers surveyed see modernization of their policy ... [full story]

N.Y. Insurers Outline Remedies For No-Fault System Problems

by National Underwriter - Feb 05,2010

A New York insurers’ group plans to tell a legislative panel that bogus medical mills and unscrupulous medical providers, mostly in the New York City area, are inflating no-fault auto insurance costs. The New York Insurance Association Inc. will say in ... [full story]

Toyota Recall A Subrogation Issue? Allstate Looks At Cases

by National Underwriter - Feb 05,2010

Big auto insurers will be examining past auto accident claims involving Toyota vehicles for possible subrogation action, an insurance arbitration executive predicted, as Allstate said it has a case review underway. Mark Bunim, president and chief executive of Case Closure--a New ... [full story]

Slow Reinsurance Renewals Highlight Growth Concerns

by The New York Times - Feb 05,2010

The reinsurance sector's hopes of posting strong earnings in 2010 took a knock this week as two major European players reported slow January renewals, suggesting that companies will need to slash costs and claims this year to support profits. Germany's ... [full story]

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