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April 2009
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Social Technology Strategies for Insurance and Other

by Insurance Networking News - May 01,2009

My colleague, Josh Bernoff, wrote a very relevant and entertaining research piece called Social Technology Strategies For “Boring” Consumer Brands. The premise of his research is that firms don’t have to be popular consumer brands (e.g. Coca-Cola) in order to ... [full story]

Flu Crisis Underscores Need For Updated Telework Policies

by WashingtonPost.com - May 01,2009

Uncle Sam has never been accused of having a perfect record for things such as vision and forward planning. Remember Hurricane Katrina? But it turns out he was particularly prescient three years ago, when the Office of Personnel Management issued ... [full story]

Hartford, MetLife post losses amid investment woes

by Reuters - May 01,2009

NEW YORK (Reuters) - Hartford Financial Group (NYSE:HIG - News) posted its third straight net loss and said it plans to stop selling new policies in Japan and the United Kingdom, as the insurer reeled from the same weak financial ... [full story]

Consumers Increasingly Looking Online for Quotes

by Insurance Networking News - May 01,2009

New data from Reston, Va.-based comScore Inc. underscores the growing importance of the online channel for insurers. A study, which combined analysis of the online behavior of 1 million U.S. consumers with a more in-depth survey of 2,000 U.S. online ... [full story]

Experts see big flaws in hurricane prediction models

by The Wall Street Journal - Apr 30,2009

If analysts did no better than predicting stock prices would equal the average of the last five years, one would hope they'd find a different career -- or at least take their work private while they refined their techniques. That's the ... [full story]

Questionable Claims Reported Soaring, Says NICB

by National Underwriter - Apr 30,2009

Coinciding with the nation’s economic downturn there has been a clear increase in the number of questionable insurance claims related to possible fraud, according to a National Insurance Crime Bureau report. The NICB said an analysis of questionable claims submitted by ... [full story]

OSU makes waves with new "hurricane" maker

by Portland Business Journal - Apr 29,2009

The Hinsdale Wave Research Laboratory at Oregon State University has completed installation of a new $1.1 million “hurricane” wavemaker. The wavemaker is the largest of its type in the nation and is able to more accurately simulate the types of waves ... [full story]

Competition Still Reigns In Healthy Personal Automobile Insurance Market

by National Underwriter - Apr 29,2009

The personal auto market remains competitive across the country, even as rates begin to creep upward. Experts in the field said they expect competition to continue throughout the year and into 2010. As with most other industries, the economy ... [full story]

Home insurance rates to rise, top regulator says

by South Florida Sun-Sentinel - Apr 29,2009

Florida Insurance Commissioner Kevin McCarty said Monday he expects that rolling back home and condominium insurance regulation will trigger "substantial" rate increases and won't keep insurers in Florida - the reason many lawmakers support it. "Not a single company ... [full story]

European Stocks Retreat on Bank Capital Concerns, Swine Flu

by Bloomberg.com - Apr 29,2009

April 28 (Bloomberg) -- European stocks retreated on concern that banks may need to raise additional capital and the outbreak of swine flu will hinder an economic recovery. BNP Paribas SA and Credit Suisse Group AG dropped more than 3 ... [full story]

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