The Associated Press, 4/10/2014 State lawmakers are taking a look at why New Yorkers pay some of the highest auto insurance rates in the nation. Insurance industry representatives, consumer advocates and state officials tasked with regulating insurance are expected to weigh in at a legislative hearing scheduled for Thursday morning. The hearing is intended to focus on the availability of …
Read More »Legislature backs unemployment insurance freeze
The Associated Press, 4/14/2014 BOSTON — A bill freezing unemployment insurance rates for Massachusetts businesses has won final approval from lawmakers. The House and Senate voted during informal sessions on Monday to send the rate freeze to Gov. Deval Patrick’s desk. The governor is expected to sign the measure, retroactive to Jan. 1, marking the fourth year in a row …
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The General(R) Selects Capgemini’s Insurance Connect for Claims
NEW YORK, March 27, 2014 (GLOBE NEWSWIRE) — Capgemini, one of the world’s foremost providers of consulting, technology and outsourcing services, today announced that The General(R) auto insurance company has selected Capgemini’s Insurance Connect to support its claims processes. Insurance Connect is the industry’s first subscription-based, cloud service offering of Guidewire InsuranceSuite(TM) bringing best-in-class claims, policy administration, and billing capabilities …
Read More »HEADWIND CAPITAL ACQUIRES STAKE IN SMP CONSULTING GROUP
Bay Shore, NY March 24, 2014. SMP Consulting Group, the country’s leading workers’ compensation premium auditing firm as well as a distributor of specialty insurance products through its nationwide network of partners, today announced a significant capital investment in its capabilities by Headwind Capital. The announcement was made jointly by Greg Walker, President and CEO of the privately held Headwind …
Read More »Ebix’s BPO Channel Renamed as Risk Compliance Solutions Channel (RCS)
ATLANTA, March 24, 2014 (GLOBE NEWSWIRE) — Ebix, Inc. (Nasdaq:EBIX), a leading international supplier of On-Demand software and E-commerce services to the insurance industry, today announced that it has renamed its BPO channel as the Risk Compliance Solutions Channel (RCS) to convey the Channel’s enhanced focus on transaction and subscription based SaaS risk compliance solutions. The RCS Channel, formerly known …
Read More »HCC Insurance Holdings to Present at J.P. Morgan 2014 Insurance Conference
HOUSTON, March 19, 2014 (GLOBE NEWSWIRE) — HCC Insurance Holdings, Inc. (NYSE:HCC) today announced that Chief Executive Officer Christopher J.B. Williams and Chief Financial Officer Brad T. Irick will be presenting at J.P. Morgan’s 2014 Insurance Conference in New York, New York on Wednesday, March 26, 2014, beginning at 9:00 a.m. Eastern Daylight Time. Headquartered in Houston, Texas, HCC Insurance …
Read More »United Fire Group Simplifies Name, Introduces Refreshed Logo and Reveals New Tagline
CEDAR RAPIDS, Iowa, March 14, 2014 (GLOBE NEWSWIRE) — United Fire Group has simplified its marketing name to UFG and has refreshed its logo to incorporate this change. This is the first significant marketing change the company has made in its more than 60-year history. “We decided that an important way to strengthen our company’s brand, and simplify our message, …
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