New Jersey officials’ interpretation of a new state law meant to thwart identity theft goes further than lawmakers intended and would impose impractical requirement upon insurance companies, according to an industry group. The New Jersey Consumer Affairs Division proposed regulations …
London-based RI3K, which provides electronic trading services to insurers and reinsurers, received five awards at the recent 2007 ACORD Awards ceremony in Lake Buena Vista, Florida. RI3K won in the following categories: — International Implementation Award — ACORD Innovative Implementation …
Privacy groups are sounding alarms as the nation’s largest insurance companies finalize plans to allow millions more customers to post their health records on the Internet. Insurers like Hartford-based Aetna Inc. say Web-based tools help patients and physicians keep track …
Delaware Insurance Commissioner Matt Denn has unveiled an online homeowner insurance tool that compares rates from 50 insurers and complements an auto insurance rate comparison that has been available since November. Denn said consumers will find that “prices among companies …
Choices Software has launched Choices Real Time, which enables insurance agency users to access insurance company websites and view policy information in real time with one click of the mouse. Choices Real Time also allows users to record and replay …
Agents using industry-standard real-time solutions offered by their carriers claim time savings of more than 50 percent when processing transactions such as quoting, billing and claim inquiries, loss runs, and policy views, according to a survey conducted by IVANS, a …
Needham, Mass.-based research firm TowerGroup has added an insurance industry veteran to the role of research area director to lead the firm’s insurance practice. West will head a team focused on charting the technology trends and strategies that help carriers …
CastleBay Consulting Corporation, a consulting services firm headquartered in Austin, Texas, and specializing in providing high impact consulting services to the property/casualty insurance market, announced that it has acquired Apteon, a Pennsylvania-based provider of P/C technology related consulting and services. …
In its search for ways to “make it easier for underwriters and brokers to ensure that insurance contracts are right first time,” Lloyd’s has begun testing a new system that will check insurance slips automatically. A “user group of market …
Attorney General Alberto R. Gonzales and Federal Trade Commission Chairman Deborah Platt Majoras announced completion of the President’s Identity Theft Task Force strategic plan to combat identity theft. The plan focuses on ways to improve the effectiveness of criminal prosecutions …
