U.S. Patents Awarded to Inventors in Wisconsin (Nov. 30) - Insurance News | InsuranceNewsNet

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November 30, 2011 Newswires
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U.S. Patents Awarded to Inventors in Wisconsin (Nov. 30)

Targeted News Service

Targeted News Service Targeted News Service

ALEXANDRIA, Va., Nov. 30 -- The following federal patents were awarded to inventors in Wisconsin.

***

Travelers Indemnity Assigned Patent

ALEXANDRIA, Va., Nov. 30 -- Travelers Indemnity, Hartford, Conn., has been assigned a patent (8,069,064) developed by Laura Esboldt Heyne, Inver Grove Heights, Minn., Steven M. Lacke, Hudson, Wis., and Nathan J. Hubbell, St. Paul, Minn., for a "benchmark premium determination system and method."

The abstract of the patent published by the U.S. Patent and Trademark Office states: "A method and/or system determines a benchmark premium for evaluating an insurance policy for a company. In alternative embodiments, a method and/or system evaluates an insurance policy using a benchmark premium. In one exemplary embodiment, a class action lawsuit frequency distribution, a class action lawsuit severity distribution and/or a non-class action lawsuit loss distribution are determined. A benchmark premium for the company is determined responsive to the class action lawsuit frequency distribution, the class action lawsuit severity distribution and/or the non-class action lawsuit loss distribution."

The patent application was filed on Feb. 8, 2008 (12/028,620). 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=80,69,064.PN.&OS=PN/80,69,064&RS=PN/80,69,064

Written by Ruby Maibam; edited by Jaya Anand.

***

General Electric Assigned Patent

ALEXANDRIA, Va., Nov. 30 -- General Electric, Schenectady, N.Y., has been assigned a patent (8,069,057) developed by Suresh K. Choubey, Delafield, Wis., and Narendra B. Joshi, Sussex, Wis., for "systems and methods for providing healthcare asset intelligence using service-oriented architecture and service-oriented computing."

The abstract of the patent published by the U.S. Patent and Trademark Office states: "Certain embodiments of the present invention provide a system for providing healthcare asset intelligence comprising a data layer adapted to preprocess healthcare asset intelligence data, a service component layer adapted to comprise a plurality of service components, and a service application layer adapted to comprise a service application. The healthcare asset intelligence data is data related to management of healthcare assets. The system is configured according to a service-oriented architecture and uses service-oriented computing. Each of the plurality of service components is adapted to utilize the preprocessed healthcare asset intelligence data. The service application is adapted to utilize at least one of the plurality of service components to provide the healthcare asset intelligence."

The patent application was filed on April 7, 2008 (12/099,025). 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=80,69,057.PN.&OS=PN/80,69,057&RS=PN/80,69,057

Written by Ruby Maibam; 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; [email protected]; http://targetednews.com.

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Copyright:  (c) 2011 Targeted News Service
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