CTO / Technology
CBOE Opening Delayed For ‘Downloading’ Problem
The Chicago Board Options Exchange delayed its opening on Thursday due to "downloading" issues, preventing investors from accessing its exclusive options on the Standard & Poor's 500 Index and ...
Five Myths About Predictive Analytics You Can’t Afford to Believe
Predictive analytics has a relatively long history in the P/C insurance industry. From the early 1990s, when early adopters began to use predictive modeling for rating and underwriting, to more ...
Apple Did Not Violate Google Patent With iPhones: Trade Panel
Apple Inc. scored a win on Monday when the U.S. International Trade Commission ruled that it did not violate a Google patent to make the popular iPhones. Apple had initially been accused of ...
Towers Watson Launches New Terror Risk Modeling Software
Global professional services company Towers Watson has introduced new predictive modeling software designed to help carriers and non-insurers assess terrorism risk. The company unveiled its Sunstone ...
Bogus Tweet Briefly Disrupts Financial Markets
Markets for stocks, bonds, oil and commodities were briefly roiled on Tuesday after a bogus report of explosions at the White House. Shortly after 1 p.m. (1700 GMT), U.S. government debt prices ...
Cyber Risk Still Not Insured By Most RMs: Towers Watson Survey
Carriers offering cyber insurance may have seen an increase in demand for their specialty insurance policies over the past year, but more than 60 percent of risk managers surveyed say they still ...
Using Big Data To Improve Homeowners Insurance Products
There is no doubt that so-called Big Data is changing the way many companies do business. The volume of information being generated by web activity is growing exponentially and the technology has ...
Google Again Beats Viacom in YouTube Copyright Case
A federal judge has thrown out Viacom Inc.'s lawsuit accusing Google Inc. of posting its programs on YouTube without permission, a year after a federal appeals court had revived the landmark ...