Latest Tech Headlines
All the headlines from our Tech Topic Page, ordered by recency.
Report: Technology Critical for Insurers Targeting ‘Millennial Generation’
May 30 2008 // As the estimated 80 million people born between 1981 and 2001 enter the workforce and become active consumers, technology will play a critical role for insurance firms targeting those in the so-called “millennial...
Insurer Executives Say More Can be Done to Attract New Talent
May 19 2008 // Encompass, The Hartford execs note that agents stand on solid ground in their role as trusted advisors Young agents today face a number of challenges, including the soft market, a downturn in the economy, and learning the...
Americans Claim to be Safe Drivers, Even While Distracted
May 19 2008 // While 98 percent of Americans claim to be safe drivers, a vast majority also admit to driving while distracted (DWD). That’s according to a survey by Nationwide Insurance which found that more than four out of five...
Inexpensive Roof Vent Could Prevent Wind Damage
May 19 2008 // Hurricanes often lift the roofs off buildings and expose them to damaging conditions, even after the worst of the wind has passed. A local roofer, Virginia Tech faculty members from architecture and engineering, and a...
Oracle Buy of AdminServer Seen Triggering Insurance Tech Mergers
May 14 2008 // Software maker Oracle said it has agreed to acquire AdminServer, a Chester, Pa.-based provider of insurance policy administration software. The move has some analysts predicting a wave of mergers among technology firms...
LWCC Hires New Information Technology Manager
May 8 2008 // Louisiana Workers’ Compensation Corporation (LWCC) has hired Sam Matcha as project management and business analysis manager. In this position, Matcha will oversee project management for the company, including...
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...