Technology & Analytics
Patent Claims Cause Firms to Drop Business Lines: Study
Patent demands are taking a big toll on technology companies, with results that range from forcing companies to tweak their products to exiting their business altogether, according to a study from ...
Text-Mining Analysis Links Drug-Impaired Driving To Higher Injury Rates
"On medication" may not be one of the check boxes on carrier claims forms, but by hunting for such a description in adjuster notes, auto insurers can improve their results, a consultant reports. ...
Applied Systems Acquires IVANS P/C Business
Insurance software vendor Applied Systems has completed its acquisition of the property/casualty business of IVANS, a major supplier of managed network, electronic data interchange (EDI) and ...
End of Hard Copy? Three States Now Permit Posting Policies Online
Arizona Gov. Jan Brewer has signed a bill that allows a property/casualty insurer to post policies and endorsements online and send a link via email to policyholders in lieu of providing a hard copy. ...
New Trial Dates Set for Apple vs. Samsung $450M Patent Dispute
A federal judge has set new trial dates in November to decide whether $450.5 million of damages awarded by a jury to Apple Inc. in a patent dispute with Samsung Electronics should stand, according to ...
Validus’ Noonan Slams Berkshire Sidecar, Says Cat Model Won’t Jolt US Re Prices
London market participants are competitive but disciplined, Validus Holdings' CEO said on Friday. But one pocket of "excessive competition" is coming from Berkshire Hathaway's Lloyd's sidecar—a ...
Google-Based Trading Strategy Would Have Made Big Investment Return: Study
A trading strategy based on changes in the number of times financial phrases are searched on Google could have generated returns in excess of 300 percent over the last decade on the Dow Jones, a ...
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 ...