An increasing number of employers plan to offer only high-deductible plans to their workers.
By Targeted News Service
ALEXANDRIA, Va., Jan. 24 -- Hartford Fire Insurance, Hartford, Conn., has been assigned a patent (8,359,211) developed by Gary Charles English, West Granby, Conn., George K. Popadin, Stafford Springs, Conn., and Nicholas A. Zandes, West Hartford, Conn., for a "system and method for active insurance underwriting using intelligent IP-addressable devices."
The abstract of the patent published by the U.S. Patent and Trademark Office states: "A system and method are disclosed herein for maintaining an inventory of assets located at an insured property covered under an insurance policy based on data received from IP-addressable devices located at the property. The system includes an inventory database for storing inventory information about assets located at an insured property, a communication interface for receiving registration and operational data associated with an IP-addressable device, and a business logic computer. The business logic computer creates a data structure for storing inventory information about assets located at the insured property in the inventory database for each insured property. The business logic computer determines, for the insured property, the inventory information about the insured property's assets based on registration and operational data received from its IP-addressable devices located at the property. The business logic computer stores the insured property's inventory information in its associated data structure in the inventory database."
The patent application was filed on Nov. 9, 2010 (12/942,860). The full-text of the patent can be found at http://patft.uspto.gov/netacgi/nph-Parser?Sect1=PTO2&Sect2=HITOFF&p=1&u=%2Fnetahtml%2FPTO%2Fsearch-bool.html&r=1&f=G&l=50&co1=AND&d=PTXT&s1=8,359,211&OS=8,359,211&RS=8,359,211
Written by Satyaban Rath; edited by Hemanta Panigrahi.