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Proposed tax legislation aimed at offshore reinsurers "will distort the playing field" to the advantage of U.S. insurers and increase costs for consumers, a lobbyist for Bermuda companies said.

"Telematics and event data recorders (EDR) should be on every insurer's radar," said research and consulting firm Celent.

Service-oriented architecture (SOA), Web-oriented architecture (WOA), Web services, Web application programming interfaces (APIs)--why are we so concerned with these things? Why do we keep defining new

"Telematics and event data recorders (EDR) should be on every insurer's radar," said research and consulting firm Celent in its 30-page report titled "Vehicle Data and Telematics: What Does the

Senate Bill 34 states that any retrieved data from the device shall not be revealed to anyone without the consent of the owner.

An automotive event data recorder (EDR), commonly referred to as a black box, is a device installed on most passenger vehicles that is usually a function of the airbag control module.

According to Montana state legislature, a bill has been drafted to outline the stipulations associated with the collection and usage of event data recorders, or "black boxes" in automobiles.

In January, the FTC handed out fines of $25 million to manufacturers of weight-loss pills for hyping their products with claims that were too good to be true. In the marketing of business technology,