Around the P&C insurance industry: June 9, 2021

CCC Information Services Inc. announced it is updating its name to CCC Intelligent Solutions Inc. The new name reflects the company's focus on applying AI, IoT, and advanced analytics to power mission-critical workflows, commerce and connections across the multi-trillion-dollar insurance economy. Sapiens International Corporation announced the roll-out of its newly upgraded CoreSuite for Workers' Compensation software package with the Ohio Bureau of Workers' Compensation, which is the first insurance carrier to complete this upgrade. The upgrade is designed to better optimize operational efficiencies, increase customer satisfaction and increase profitability for workers' compensation providers, administrators and state funds.