This is not an InsTech article per se, but it's a great read that I am sure our Passle subscribes will find insightful
“This is a beautiful industry. I marvel at the sophistication of insurance,” he told the insurance crowd. “They make mistakes when they go to finance. The AIG problem was entirely a finance problem not an insurance problem,” he said
http://www.carriermanagement.com/features/2015/10/08/146093.htm