LOMA To Host Presentation on ``Patent Trolls in the Insurance Industry'' at the Upcoming LOMA Financial Inforum 2006.STAMFORD, Conn. -- LOMA lo´ma n. 1. (Zool.) A lobe; a membranous fringe or flap. will be hosting a presentation entitled "Patent Trolls in the Insurance Industry" at the upcoming LOMA Financial Inforum 2006 to be held at the Mandalay Bay Resort, Las Vegas NV on May 21 - 24, 2006. Details and registration information can be found at www.loma.org/inforum.asp. Senior executives in the insurance industry are becoming increasingly concerned about their exposure to patent trolls. This concern is highlighted by the recent $600 million dollar settlement (in the field of telecommunications) that Research in Motion, makers of BlackBerry(TM) mobile email devices, had to pay to patent holding company NTP (Network Time Protocol) A TCP/IP protocol used to synchronize the real time clock in computers, network devices and other electronic equipment that is time sensitive. It is also used to maintain the correct time in NTP-based wall and desk clocks. , to avoid having the courts shut down the Blackberry email system. CEOs and presidents; CFOs, treasurers, controllers and investment officers; as well as senior strategic planning, marketing and operations officers who attend the session will be able to understand what can and cannot be patented in the insurance field, the true nature of the patent troll threat they are facing, and the proactive steps they can take to preserve their freedom to operate. They will also learn how others in their industry are turning patent trolls into patent assets through preemptive pre·emp·tive or pre-emp·tive adj. 1. Of, relating to, or characteristic of preemption. 2. Having or granted by the right of preemption. 3. a. acquisition of patent rights. The talk will be presented by Mark Nowotarski, president of Markets, Patents & Alliances LLC (Logical Link Control) See "LANs" under data link protocol. LLC - Logical Link Control , an intellectual property consulting firm specializing in business method patents. Mr. Nowotarski is a registered US patent agent and an inventor on 17 patents. The coauthor of the paper is Tom Bakos, FSA FSA Financial Services Authority FSA Food Standards Agency (UK) FSA Farm Service Agency (USDA) FSA Financial Services Agency (Japan) MAAA MAAA Member of the American Academy of Actuaries MAAA Mid-America Arts Alliance MAAA Model Aeronautical Association of Australia MAAA Montreal Amateur Athletic Association (Quebec) MAAA Metropolitan Area Agency on Aging . Tom is the principle of Tom Bakos Consulting Inc, an actuarial consulting firm specializing in designing patentable insurance products. Tom is a coinventor on several pending patent applications in the insurance field. Both Mr. Nowotarski and Mr. Bakos are coeditors of The Insurance IP Bulletin. The Insurance IP Bulletin is a bimonthly bi·month·ly adj. 1. Happening every two months. 2. Happening twice a month; semimonthly. adv. 1. Once every two months. 2. Twice a month; semimonthly. n. pl. newsletter dedicated to helping insurance and other financial service companies successfully integrate patents into their business practices. More information on the Bulletin can be found at www.insuranceIPbulletin.com. |
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