The Hartford is offering broader coverage for data privacy breaches and social media liability exposures as part of its cyber liability policy, the company said. “We’re seeing widespread adoption of social media technologies among businesses in virtually every industry,” said …
Software, biotech firms and others who develop new ways to do business will be watching closely Monday as the U.S. Supreme Court hears a case that could determine if such innovations can win patent protection. The case itself involves a …
Insurance industry software provider Vertafore has released version 4.0 of its AMS360 management system with advancements that promise to simplify marketing and sales tasks for the more than 2,800 agencies currently using the product. According to the company, the enhancements …
Social networking website Facebook was awarded $711.2 million in damages relating to an anti-spam case against Internet marketer Sanford Wallace, court documents show. Wallace did not oppose the motion or appear at the hearing on Sept. 18, 2009, according to …
Cell phones, smart phones, MP3 players, computers, e-mail, the list goes on and on of technological inventions that are part of our everyday lives. The observation that electronic data density doubles every 18 months—was first conceived in the mid-60’s by …
Today, it’s all about doing more with less. But how do insurance agencies increase productivity while decreasing expenses? For many agencies, technology solutions are critical. If the focus in the first half of the year was pulling back, digging in …
Insurance software firm Ebix, Inc. has acquired California-based E-Z Data, Inc. E-Z Data’s Web-basd agency management, practice management, and customer relations software serves insurance companies, general agents, banks, investment dealers, insurance agents and financial advisors. Under terms of the agreement, …
Planned information technology (IT) spending by property/casualty insurance companies increased 1.6 percent from 2008 to 2009, according to researchers. The planned increase in spending from 2009 to 2010 will only be around 0.2 percent. This slight increase is expected despite …
Starting Nov. 2, 2009, Ohio regulators and all insurance companies that do business in the state will begin new procedures designed to protect policyholders’ personal information. Insurance companies will be required to report any loss of policyholder information within their …
Data breaches have hit an all time high and with that have been a dramatic increase in new data security and privacy laws and regulations. Both state and federal regulations have been in place for several years with regards to …
