Profile of Anthony O'Donnell
Blog Posts: 2240
Anthony O'Donnell has covered technology in the insurance industry since 2000, when he joined the editorial staff of Insurance & Technology. As an editor and reporter for I&T and the InformationWeek Financial Services of TechWeb he has written on all areas of information technology in the property/casualty, life and health insurance industries, following the trends and issues faced by senior technology executives. In addition to reporting and editorial duties for I&T, O'Donnell also serves as a moderator and speaker at industry events and broadcasts. He began his editorial career in the healthcare industry where he reported and edited for medical publications with a variety of audiences, from the general public to physicians and researchers. He has also worked in the healthcare field as a media relations professional and Spanish/English interpreter/translator, and has taught English composition and conversation classes to native speakers of Spanish, both in the United States and in Latin America. O'Donnell lives in the Portland, Oregon area with his wife and two sons.
Articles by Anthony O'Donnell
posted in September 2008
While insurance companies are exposed to the credit crisis as institutional investors, their fortunes stand in stark contrast to their industry peers because of the conservative regulation to which they have been subject under the state-based regulatory regime, as NAIC president Sandy Praeger argues,
The Dublin-based financial services IT vendor's alliance with Secure EDI will boost the capabilities of its end-to-end dental claims solution.
An Advisen briefing speculates that if there is a "stampede" by AIG policyholders spooked by the holding company's failure, it would likely precipitate a "sudden, short-term uptick in commercial insurance rates." In the absence of such a reaction, the briefing continues, "prevailing soft market conditions are unlikely to be affected."
Oracle Insurance will market a comprehensive offering of products — from core applications to pre-configured suites and integration tools to tie together both Oracle and non-Oracle solutions within an insurer's application portfolio.
Through its MyRate program, Progressive supplies a small, portable device that can easily be plugged into the on-board diagnostic (OBD) port of many car models built after 1996. The device delivers a much richer portrait of driver behavior than Real Insurance's mileage-only plan by recording mileage, braking and acceleration, and time of day. The device periodically transmits that information wirelessly back to Progressive.
The fact is that risk modeling, like so many other control methods, can be used to mask as well as reveal reality. As useful, indeed as indispensable, as risk modeling is to project future probability it is nevertheless subject to one of the cardinal maxims of information technology: garbage in, garbage out.
Storm surge of up to 25 feet in places and large size are predicted to increase Hurricane Ike's impact.
Stephen Byrne and Thomas Kern have been promoted to vice president rank.
Insurers warn Texas homeowners not to be lulled into a false sense of security by the failure of recent tropical cyclones to result in catastrophe on the mainland.
Vail Speaks with I&T about building out Regence IT's Architechture and Engineering organization.
Regence's IT organization has reemerged as a driver of the insurer's strategic direction in the realm of consumer-directed healthcare.
When pushing to improve speed to market, it's important to remember that getting it right on the first try can save serious time.
Successful product development efforts are based on more than an ability to deliver quickly. They also support efficient, quality-focused and transparent processes.
The fear is that the world's largest particle accelerator, about to be activated several hundred feet below the French/Swiss border, could cause a black hole that could swallow up the earth. The accelerator will attempt to replicate the conditions of less than a millionth of a second after the Big Bang, and some people have evidently taken legal action to have the experiment stopped.
Wall Street Journal editorial page editor Paul Gigot called attention to serious problems within Fannie Mae and Freddie Mac in 2002 through an editorial written by Susan Lee. Published with the provocative title "Fannie Mae Enron," the piece resulted in a hail of attacks both against the Journal and against Gigot personally.
If one were to look at a map of insurance coverage around the world one would see huge gaps in the geography. This is because many people simply can't afford insurance or the risk factors make the proposition of insurance unviable. Insurance is a blessing of material civilization that enables the more fortunate of us to take measures to secure our property and protect our families.
Starting with Tropical Storm Fay and proceeding with Hurricane Gustav, peak hurricane season has arrived with a flurry of storms that are putting insurers' storm tracking and resource deployment capabilities to the test.