The patent badge is an abbreviated version of the USPTO patent document. The patent badge does contain a link to the full patent document.
The patent badge is an abbreviated version of the USPTO patent document. The patent badge covers the following: Patent number, Date patent was issued, Date patent was filed, Title of the patent, Applicant, Inventor, Assignee, Attorney firm, Primary examiner, Assistant examiner, CPCs, and Abstract. The patent badge does contain a link to the full patent document (in Adobe Acrobat format, aka pdf). To download or print any patent click here.
Patent No.:
Date of Patent:
May. 08, 2012
Filed:
May. 20, 2008
Philip W. Michalowski, Glastonbury, CT (US);
Keith E. Golembiewski, Suffield, CT (US);
Joseph M. Weiss, Glastonbury, CT (US);
Philip W. Michalowski, Glastonbury, CT (US);
Keith E. Golembiewski, Suffield, CT (US);
Joseph M. Weiss, Glastonbury, CT (US);
Hartford Fire Insurance Company, Hartford, CT (US);
Abstract
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.