Delaware Insurance Commissioner fines Blue Cross $150,000 for privacy violations
BlueCross BlueShield of Delaware is hoping to return an early Christmas gift by state insurance commissioner Matt Denn: a fine of $150,000. Following a Dec. 24 hearing, Denn levied the fine, the...
View ArticleWellPoint’s Richmond office to lose 50 IT positions
Health insurer WellPoint has announced that it will outsource its internal information technology help-desk functions, cutting about 100 jobs, including 50 in the Richmond area. The cuts will come at...
View ArticleNew InfoPro form launched for IT professionals
Markel Corp., the Richmond, Va.-based specialty property-casualty insurer, released its new InfoPro policy form targeted to information technology professionals. “Our new coverage features target the...
View ArticleNew Jersey IT firm provides Everest National with agent support
Outline Systems, a Somerset, N.J.-based provider of IT solutions and services for insurance organizations, said Everest National Insurance Co. implemented the latest release of ProducerOne, OSI’s...
View ArticleMajor insurers join New Jersey pilot to streamline communication
Two of the major trade associations in the health insurance industry are piloting a new program in New Jersey aimed at reducing time and expense for physician offices and patients. America’s Health...
View ArticleCareFirst ‘streamlines’ business lines in reorganization
CareFirst has undergone a reorganization designed to allow the insurer’s clients to receive service from “end to end” from people dedicated to specific delivery channels of the overall business. Chet...
View ArticleTechnology: How ‘the cloud’ can clear up insurance agency IT issues
As the principal of an agency, have you had someone show up at your office door to say: “We’re going to have to buy another server before we can upgrade the management system.” “Our email is down,...
View ArticleNew Jersey, Pennsylvania firms align on business planning, IT services
MSO Inc., a Glen Rock, N.J.-based property-casualty ratings service bureau, is affiliating with CTS-Consulting, a management consulting firm based in Blue Bell, Pa. CTS provides business planning,...
View Article‘Cloud’ computing brightens IT skies for insurance agency owners
Correction: Cloud computer spending worldwide will reach $42 billion, not $4.2 billion, in 2013, according to IDC research. Updated 10:43 a.m. ET, Feb. 23, 2011. The insurance industry is expected to...
View ArticleHealth Net reports apparent breach of members’ private data
Health Net Inc. is investigating the apparent loss of several server drives containing employee, member and health care provider information from its data center in Rancho Cordova, Calif. IBM, the...
View ArticleEconomy forcing new relationship among insurers, agents and brokers
Insurance agents’ relationships with insurers may change as insurers face multiple challenges in maintaining growth in a “slowly recovering” economy, a new report says. Insurers must meet the needs of...
View ArticleInsurer fights paying Sony cyber insurance after hacking
An insurer for Sony Corp. asked a court to excuse it from paying the conglomerate’s legal defense after a data breach in April, and challenged Sony’s other insurers to define the extent of their...
View ArticleBB&T Insurance now selling homeowners’, travel policies online
A Winston-Salem, N.C.-based insurance company announced that its members now can buy homeowner’s and travel insurance, as well as other products, on its website. The company operates in Maryland,...
View ArticleHealth care execs focus on cost-saving project, improving efficiency
A majority (78%) of health care executives are focusing on operations to reduce costs next year, a “significant” increase in cost-savings projects since 2010, a new survey says. Hospitals are...
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