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A jury awarded the state $474.5 million in actual and punitive damages in August 2000, causing a drop in stock price from 44 3/8 to 14. The company subsequently settled the suit for $185 million. [6] Another customer, the Federal Thrift Investment Board, cancelled a contract in 2000 for a system to make Thrift Savings Plan data available online.
ISO helps insurers with product development, underwriting, and rating. In 2008, Verisk Analytics was established to serve as the parent holding company of ISO. In 2009, Verisk completed its IPO and became a publicly traded company. [4] Since 2000, the company has acquired about 40 new businesses, which have helped broaden its product offerings.
Sapiens International Corporation N.V. is a publicly traded company, [2] headquartered in Israel, that develops computer software for the insurance industry. [3] Sapiens' shares are traded on the NASDAQ Capital Market and on the Tel Aviv Stock Exchange. As of July 2022, the company has a market cap of $1.39 billion. [4] [5]
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Mercury stock suffered the steepest decline, dropping nearly 20%. Roughly one-fifth of the homeowners’ insurance premiums the company collects in the US come from California, according to Moody’s.
One of BlackRock's four data centers where Aladdin is operated is located in Wenatchee, Washington state.The network in Wenatchee consists of around 6000 computers. The software uses these computers to analyze global economic data, stock market prices and numerous other economic factors.
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CNO Financial Group, Inc. (formerly Conseco, Inc. (from Consolidated National Security Corporation)) is an American financial services holding company based in Carmel, Indiana. [4] Its insurance subsidiaries provide life insurance, annuity and supplemental health insurance products to more than four million customers in the United States. These ...