State Farm Assigned Patent for Determining Abnormal Traffic Conditions
Targeted News Service (Patent Abstracts)
State Farm Mutual Automobile Insurance, Bloomington, Ill., has been assigned a patent (No. 10,360,794, initially filed July 16, 2018) developed by Gregory L. Hayward, Bloomington, Illinois, for "determining abnormal traffic conditions from a broadcast of telematics data originating from another vehicle."
The abstract states: "A computer-implemented method of using telematics data at a destination device is provided. The destination device may be a mobile device associated with a driver, or a smart vehicle controller of a destination vehicle. The telematics data is generated by an originating mobile device (i) having a Telematics Application (or "App"), and (ii) associated with a second driver/vehicle, the telematics data including acceleration, braking, speed, heading, and location data associated with an originating vehicle. The telematics data may be broadcast from the originating mobile device to the destination device that (a) analyzes the telematics data received, (b) determines that an abnormal travel condition exists, and (c) automatically take corrective action that alleviates a negative impact of the abnormal travel condition on the destination vehicle to facilitate safer travel. A usage-based or other insurance discount may be provided based upon insured usage of the telematics data-based risk mitigation or prevention functionality."
Written by Ranjan Behera; edited by Sudarshan Harpal.
Heinrich Urges Swift Senate Action to Permanently Repeal Cadillac Tax
EDITORIAL: Naming storms after politicians might be too much
Advisor News
- Trump bets his tax cuts will please Las Vegas voters on his swing West
- Lifetime income is the missing link to global retirement security
- Don’t let caregiving derail your clients’ retirement
- The ‘magic number’ for retirement hits $1.45M
- OBBBA can give small-business clients opportunities for saving
More Advisor NewsAnnuity News
- Human connection still key in the new annuity era
- Lifetime income is the missing link to global retirement security
- ‘All-weather’ annuity portfolios aim to sharply limit rainy days
- Annuity income: The new 401(k) standard?
- Smart annuity planning can benefit long-term tax planning
More Annuity NewsHealth/Employee Benefits News
- DeSantis administration gets pushback for its child health policies
- Minnesota health plan; the real story
- LIFESPAN: Tickets? Check. Medical insurance coverage? Better check on that
- Trump admin seeks health-care price transparency
- Costs of Illinois state employee health benefits continue steep rise
More Health/Employee Benefits NewsLife Insurance News
- AI and life insurance: Fast today, unpredictable tomorrow
- Judge allows PHL policyholders to intervene, denies ‘premium holiday’
- eHealth expands into final expense insurance
- CID hosts info session for PHL Variable policyholders
- ‘Seismic changes’ cloud global economy, analyst says
More Life Insurance News