Latest Tech Headlines

All the headlines from our Tech Topic Page, ordered by recency.

Simple Successful in a Complex World

May 5 2008 // Woodruff-Sawyer and Co., ranked #16 in the Insurance Journal Top 100 Independent Agencies, continues to grow, handling complex commercial risks here in the U.S. and in foreign countries. Since the agency’s founding...

Industry Progressing With Real Time Technology and Downloads

May 5 2008 // Independent agents and carriers see gains — in some cases doubling — in real time transactions Just one year into the making, supporters of the Real Time/Download Campaign (www.getrealtime.org), a campaign to improve...

Va. Tech Research: Inexpensive Roof Vent Could Prevent Wind Damage

Apr 29 2008 // Hurricanes often lift the roofs off buildings and expose them to havoc and damaging conditions, even after the worst of the wind has passed. A local roofer, Virginia Tech faculty members from architecture and engineering,...

Strait of Hormuz: The Potential Economic Effects of a Disruption

Apr 25 2008 // A cargo ship contracted by the U.S. military fired on an Iranian vessel in Gulf waters on Friday, raising tension between Washington and Tehran in a region vital to world oil shipments. In January, the United States said...

Families of Virginia Tech Victims Reach $11 Million Settlement

Apr 14 2008 // Most families of victims of the mass shootings at Virginia Tech that left 33 people dead have agreed to an $11 million (euro6.93 million) state settlement that will compensate families who lost loved ones, pay...

Va. Tech Security Costs Up $10M Since Shootings

Apr 7 2008 // Virginia Tech President Charles Steger says the university has spent more than $10 million to increase security since the killing of 32 students and faculty by a deranged student last April. Steger spoke to about 70...

Virginia Offers Tech Shooting Victims’ Families $100K Each to Settle

Mar 26 2008 // Families of those killed in the Virginia Tech shootings have until March 31 to say whether they’ll accept a settlement that would include $100,000 each and the chance to question the governor and university officials...

Va. Tech Says Security Costs Increased $10M Since Shootings

Mar 24 2008 // Virginia Tech President Charles Steger says the university has spent more than $10 million to increase security since the killing of 32 students and faculty by a deranged student last April. Steger spoke to about 70...

ISO Granted Patent for Rating and Policy Processing Method

Mar 11 2008 // ISO Insurance Technology Solutions (ISO-ITS), a business unit of Insurance Services Office, Inc., (ISO) today reported that it has been granted a patent for its approach to implementing and maintaining rating and policy...

Burns & Wilcox Names Treppa New Technology Director

Mar 11 2008 // Farmington Hills, Mich.-based Burns & Wilcox recently announced that it has appointed Steve Treppa as its director of information technology. In his new position, he will be responsible for setting and implementing...

How to Appraise and Insure Historic Homes

Mar 10 2008 // New technology, historical home insurance help to protect treasured properties Many urban and suburban areas are made more distinctive thanks to the historic homes nestled in their neighborhoods. Keeping history alive...

Ohio Casualty Offers New Personal Lines Technology Products for Agents

Feb 28 2008 // Ohio Casualty, a Liberty Mutual Agency Markets regional company, recently announced the introduction of its new personal lines product offering in Ohio, including enhanced rating capabilities via Personal IQ, the...

D&O Costs Highest for Financial, Tech, Life Science

Feb 24 2008 // A new study has found that the financial services, technology and life sciences industries face the highest premiums for directors and officers liability insurance, with the lowest premiums found in energy and...

With Technology, the One Constant is Change

Feb 24 2008 // Keeping up with rapid developments is a challenge for professional liability experts If anything is certain in the world of technology, it’s that it is always changing — rapidly. Electronic and Internet...

Employers, Lawmakers Push Doctors to Adopt Electronic Prescriptions

Feb 22 2008 // Motivated by mounting medical costs, lawmakers and executives are urging doctors to embrace a seemingly simple way to save billions of dollars a year: prescribe medications online. Officials in the public and private...

Survey: Industry CEOs Overlook Potential of Technology

Feb 21 2008 // A new survey by New York research firm found that property casualty insurer CEOs tend to focus more on the benefits of using technology to enhance distribution and service of their products, but have shortchanged how...

Willis ‘CyPro’ to Cover Business Interruption, Costs from Data Loss

Feb 20 2008 // Willis Group Holdings has launched a new facility to cover business interruption and recovery costs stemming from malicious and accidental loss of data. Willis described its CyPro, as a “new suite of products,”...

Report: D&O Insurance Costs Highest for Financial, Tech, Life Science Firms

Feb 5 2008 // A new study has found that the financial services, technology and life sciences industries face the highest premiums for directors and officers liability insurance, with the lowest premiums found in energy and...

Stuckey & Co. Answers When Business is Liable for Blogs, Email, RSS Feeds

Jan 31 2008 // Nearly every company distributes electronic content over the Internet. There are 100 million daily video streams from YouTube.com alone, more than 60 million blogs being disseminated, more than 60 billion emails per day,...

Agents Have Options to Profit as Cycles Turn

Jan 27 2008 // Trust, efficiency, quality, knowledge are among the values independent agents bring to the insurance transaction Managing insurance cycles to maintain profitability is a tricky proposition. Higher premiums produced by hard...