U.S. Patents Awarded to Inventors in Connecticut (Jan. 23) - Insurance News | InsuranceNewsNet

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January 23, 2013 Newswires
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U.S. Patents Awarded to Inventors in Connecticut (Jan. 23)

Targeted News Service

Targeted News Service Targeted News Service

ALEXANDRIA, Va., Jan. 23 -- The following federal patents were awarded to inventors in Connecticut.

***

Hartford Fire Insurance Assigned Patent for System and Method for Processing Data Relating to Annuities

ALEXANDRIA, Va., Jan. 23 -- Hartford Fire Insurance, Hartford, Conn., has been assigned a patent (8,359,258) developed by Philip W. Michalowski, Glastonbury, Conn., Keith E. Golembiewski, Suffield, Conn., and Joseph M. Weiss, Glastonbury, Conn., for a "system and method for processing data relating to annuities."

The abstract of the patent published by the U.S. Patent and Trademark Office states: "A system for administering an insurance account includes a processor; a memory in communication with the processor; the processor being adapted to: access data indicative of a value of an index calculated based on a formula including as factors prices of individual equity securities; access data indicative of dividend yield; access data indicative of an asset value of an insurance account having a value based on the index; determine an updated asset value of the insurance account based on change in the index and on the dividend amount paid; store the determined updated asset value in the memory; and provide an output signal indicative of the determined updated asset value."

The patent application was filed on May 7, 2012 (13/465,819). The full-text of the patent can be found at http://patft.uspto.gov/netacgi/nph-Parser?Sect1=PTO1&Sect2=HITOFF&d=PALL&p=1&u=%2Fnetahtml%2FPTO%2Fsrchnum.htm&r=1&f=G&l=50&s1=83,59,258.PN.&OS=PN/83,59,258&RS=PN/83,59,258

Written by Amal Ahmed; edited by Jaya Anand.

***

International Business Machines Assigned Patent for Blocking Television Commercials and Providing an Archive Interrogation Program

ALEXANDRIA, Va., Jan. 23 -- International Business Machines, Armonk, N.Y., has been assigned a patent (8,359,613) developed by Craig William Fellenstein, Brookfield, Conn., and Rick Allen Hamilton II, Charlottesville, Va., for a "blocking television commercials and providing an archive interrogation program."

The abstract of the patent published by the U.S. Patent and Trademark Office states: "An apparatus and method is disclosed for blocking specific television commercials from the viewer's television based upon the characteristics of the television commercial and a program to place the blocked television commercials into an archive. An archive interrogation program 10 then acquires the users search criteria and sends the search criteria to the content search program for a list of matches. The matches are displayed to the user and the user can select a segment for viewing."

The patent application was filed on Oct. 17, 2008 (12/253,818). 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=8,359,613&OS=8,359,613&RS=8,359,613

Written by Satyaban Rath; edited by Hemanta Panigrahi.

***

Hartford Fire Insurance Assigned Patent for Method and System for Processing Data Related to a Deferred Annuity with Available Benefit Payments and a Deferral Bonus

ALEXANDRIA, Va., Jan. 23 -- Hartford Fire Insurance, Hartford, Conn., has been assigned a patent (8,359,257) developed by Joseph M. Weiss, Glastonbury, Conn., for a "method and system for processing data related to a deferred annuity with available benefit payments and a deferral bonus."

The abstract of the patent published by the U.S. Patent and Trademark Office states: "A computer implemented data processing system and method administers a deferred variable annuity contract during the accumulation phase for a relevant life. The annuity contract has a payment base value, a contract value, and benefit payments. A maximum annual benefit payment withdrawal amount available without reducing the payment base value is calculated by multiplying the payment base value by a factor including a deferral bonus percent, which is a function of a number of years deferred by the relevant life until taking a first lifetime benefit payment."

The patent application was filed on May 20, 2011 (13/112,350). The full-text of the patent can be found at http://patft.uspto.gov/netacgi/nph-Parser?Sect1=PTO1&Sect2=HITOFF&d=PALL&p=1&u=%2Fnetahtml%2FPTO%2Fsrchnum.htm&r=1&f=G&l=50&s1=83,59,257.PN.&OS=PN/83,59,257&RS=PN/83,59,257

Written by Amal Ahmed; edited by Jaya Anand.

***

CFPH Assigned Patent

ALEXANDRIA, Va., Jan. 23 -- CFPH, New York, has been assigned a patent (8,359,272) developed by Howard Lutnick, New York, and Dean P. Alderucci, Westport, Conn., for "methods and apparatus for electronic file use and management."

The abstract of the patent published by the U.S. Patent and Trademark Office states: "Methods and apparatus are disclosed for facilitating online storage of files (e.g., audio tracks, video, etc.) for playback/access or sale/exchange by the owners of the files without violating copyrights that copyright holders have in the files. For example, by providing a playback service that does not store additional versions of an audio file when the file is transmitted to, and immediately played on, a user device without buffering, the present invention avoids violating copyright laws by not making copies of the file. Numerous other aspects are disclosed."

The patent application was filed on Aug. 14, 2009 (12/541,542). The full-text of the patent can be found at http://patft.uspto.gov/netacgi/nph-Parser?Sect1=PTO1&Sect2=HITOFF&d=PALL&p=1&u=%2Fnetahtml%2FPTO%2Fsrchnum.htm&r=1&f=G&l=50&s1=83,59,272.PN.&OS=PN/83,59,272&RS=PN/83,59,272

Written by Amal Ahmed; edited by Jaya Anand.

***

CA Inc. Assigned Patent for Energy Efficient Scheduling System and Method

ALEXANDRIA, Va., Jan. 23 -- CA Inc., Islandia, N.Y., has been assigned a patent (8,359,598) developed by Kiran Prakash Diwakar, Pune, India, Rahul Golash, Hyderabad, India, and Stephen B. Boston, New Milford, Conn., for an "energy efficient scheduling system and method."

The abstract of the patent published by the U.S. Patent and Trademark Office states: "An energy efficient scheduling system and method is disclosed. In some embodiments, a method includes receiving, with a processor, a request for execution of an application. The method also includes receiving, based on the request, a scheduling policy. Additionally, the method includes for each of a plurality of datacenters, determining one or more datacenter attributes associated with each respective datacenter. The method also includes selecting one of the plurality of datacenters to execute the application based, at least in part, on the request, the scheduling policy, and the datacenter attributes and executing the application at the selected datacenter."

The patent application was filed on April 1, 2010 (12/752,226). 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=8,359,598&OS=8,359,598&RS=8,359,598

Written by Satyaban Rath; edited by Hemanta Panigrahi.

***

Hartford Fire Insurance Assigned Patent

ALEXANDRIA, Va., Jan. 23 -- Hartford Fire Insurance, Hartford, Conn., has been assigned a patent (8,359,259) developed by Gregory H. Berg, New Haven, Conn., Andrew J. Amigo, Gloucester, Mass., and David F. Peak, Avon, Conn., for a "system and method for administering telematics based reinsurance pools."

The abstract of the patent published by the U.S. Patent and Trademark Office states: "A data processing system includes a processor that is configured for determining a percentage share to assign a share of relative risk in an insurance pool between an insurer, a first safety vendor and at least one other safety vendor. The processor is further configured to allocate portions of the insurance pool among the insurer and the safety vendors according to the determined shares assigned to the insurer and the safety vendors, to aggregate by the insurer loss information related to the insurance pool, and transmit the loss information to the safety vendors. Also, the processor is configured to allocate portions of a claim liability or a received premium associated with the insurance pool among the insurer and the safety vendors according to the determined shares assigned to the insurer and the safety vendors. The data processing system also includes a memory for storing the determined shares assigned to the insurer and the safety vendors."

The patent application was filed on Nov. 12, 2009 (12/617,152). The full-text of the patent can be found at http://patft.uspto.gov/netacgi/nph-Parser?Sect1=PTO1&Sect2=HITOFF&d=PALL&p=1&u=%2Fnetahtml%2FPTO%2Fsrchnum.htm&r=1&f=G&l=50&s1=83,59,259.PN.&OS=PN/83,59,259&RS=PN/83,59,259

Written by Amal Ahmed; edited by Jaya Anand.

For more information about Targeted News Service products and services, please contact: Myron Struck, editor, Targeted News Service LLC, Springfield, Va., 703/304-1897; editor@targetednews.com; http://targetednews.com.

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Copyright:  (c) 2013 Targeted News Service
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