Insurance broker Marsh has unveiled a real-time, on-demand industry benchmark reporting service available to its clients and prospects. Available through Marsh’s Global Benchmarking Portal, the new service provides clients with real-time benchmarking analytics on purchasing and pricing trends in the …
A California-based health insurance company has agreed to pay Connecticut $250,000 for losing a disk drive containing private information of 1.5 million customers, including nearly 450,000 state residents. Attorney General Richard Blumenthal announced that along with the settlement, Health Net …
Absent-minded iPhone users can now insure their devices against loss or accidents. But with a $12 monthly fee and a $199 deductible for the latest model, it might make more sense to just learn to be careful. Asurion, an insurer …
Global professional services company Towers Watson announced that it has sold its “VIPitech, an actuarial and financial modelling software unit,” to Algorithmics, a unit of the Fitch group, in accordance with commitments it made to the European Commission (EC). “The …
Google Inc. won a landmark victory over media companies as a Manhattan federal judge threw out Viacom Inc.’s $1 billion lawsuit accusing the Internet company of allowing copyrighted videos on its YouTube service without permission. Viacom claimed “tens of thousands …
Although the benefits of bringing information technology to health records can be substantial, electronic health records (EHR) systems also give rise to increased liability risks for health care providers due to possible software or hardware problems or user errors, according …
The Florida Supreme Court has ruled that a non-resident blogger can be sued in the state for posting allegedly defamatory comments about a Florida company on her out-of-state Web site. In a unanimous opinion, the court said that if a …
iPipeline, which supplies on-demand software to insurance carriers and producers, reports it has been granted a U.S. patent for its computerized method for preparing insurance applications. Under the method covered by patent, the completion of an insurance pre-application can be …
AIR Worldwide (AIR) is reporting the certification of its 2010 U.S. Hurricane Model by the Florida Commission on Hurricane Loss Projection Methodology. The commission certifies models for use by insurers for developing Florida residential and commercial residential property rate filings. …
Vertafore, a leading provider of software to the insurance industry, is being acquired by investment funds managed by TPG Capital. TPG will purchase the company from Hellman & Friedman and its co-investor JMI Equity for a total consideration of $1.4 …
