June 19, 2014
The U.S. Supreme Court on Thursday ruled that implementing an abstract idea using a computer does not make an invention patent eligible. On a 9-0 vote, the court ruled for CLS Bank International, which challenged patents held by Australia-based Alice …
June 19, 2014
Researchers at the University of Florida say they have created a model that may help growers plant at optimal times and avoid crop-destroying drought, which can cost millions of dollars in a given year. Put simply, if growers know when …
June 19, 2014
Workers’ compensation researchers have identified anxiety over being fired and other new predictors of worker outcomes that they say can help public officials, payors and health care providers improve the treatment and communication an injured worker receives after an injury …
June 19, 2014
A1.3 percent surcharge on most property/casualty policies in Florida to help pay for past hurricane claims is coming to an end earlier than originally planned. The Florida Cabinet voted this week to end the assessment on policyholders that was begun …
June 19, 2014
The last phase of previously announced job cuts at The Travelers Companies’ Syracuse, N.Y., office will begin in September. The company’s Worker Adjustment and Retraining Notification (WARN) Act notice — filed with the New York state Department of Labor on …
June 19, 2014
The U.S. Senate Intelligence Committee is expected to consider a bill next week aimed at encouraging companies to exchange information on hacking attempts and cybersecurity threats with the government, senators said this week as they released a draft of the …
June 19, 2014
Aspen Insurance said it is expanding its presence in Latin America with the opening of a regional hub in Miami, joining a group of re/insurers that have also located Latin American operations in the city. The Miami office and Aspen’s …
June 19, 2014
A.M. Best has upgraded the financial strength rating to ‘A’ (Excellent) from ‘A-‘ (Excellent) and the issuer credit rating to “a” from “a-” of Bermuda-based Associated Electric & Gas Insurance Services Limited (AEGIS), and has revised its outlook on both …
June 19, 2014
David Snyder, the Property Casualty Insurers Association of America’s (PCI) vice president, international policy, has issued the following statement on the progress in the Trade in Services Agreement (TiSA) and launch of the TiSA Business Coalition. “PCI applauds the progress …
June 19, 2014
Endurance has acted quickly following the rejection by Aspen’s Board of Directors of its unsolicited offer to acquire all of the outstanding shares of Aspen for a combination of common stock and cash. Endurance sent a letter, signed by its …