Patents by Inventor C. Dana Tatro

C. Dana Tatro has filed for patents to protect the following inventions. This listing includes patent applications that are pending as well as patents that have already been granted by the United States Patent and Trademark Office (USPTO).

  • Method and system for providing minimum contract values in an annuity with lifetime benefit payments
    Patent number: 7945513
    Abstract: A data processing method determines a contract value of a deferred annuity product during the accumulation phase. The method includes receiving by a computer a request for a withdrawal during the accumulation phase, the amount of the withdrawal being no more than a lifetime benefit payment amount, determining by the computer whether the contract value, after deduction of withdrawal is below a minimum contract value, and if the contract value would be below the minimum contract value, providing an output signal by the computer that. The contract value is not reduced below the minimum contract value.
    Type: Grant
    Filed: March 18, 2010
    Date of Patent: May 17, 2011
    Assignee: Hartford Fire Insurance Company
    Inventors: Joseph M. Weiss, C. Dana Tatro, Maria Leonard Andrade
  • METHOD AND SYSTEM FOR PROVIDING MINIMUM CONTRACT VALUES IN AN ANNUITY WITH LIFETIME BENEFIT PAYMENTS
    Publication number: 20100174565
    Abstract: A data processing method administers a deferred annuity product during the accumulation phase for a relevant life. The annuity product has a contract value, a guarantee of lifetime benefit payments and a minimum contract value. Administration of the product determines a minimum contract value, while paying a lifetime benefit payment and a guaranteed death benefit. The lifetime benefit payment does not reduce the contract value below the minimum contract value. If necessary, the lifetime benefit payment is funded by the general account assets of the company that issues the annuity product.
    Type: Application
    Filed: March 18, 2010
    Publication date: July 8, 2010
    Applicant: HARTFORD FIRE INSURANCE COMPANY
    Inventors: Joseph M. Weiss, C. Dana Tatro, Maria Leonard Andrade
  • Method and system for providing minimum contract values in an annuity with lifetime benefit payments
    Patent number: 7685065
    Abstract: A data processing method administers a deferred annuity product during the accumulation phase for a relevant life. The annuity product has a contract value, a guarantee of lifetime benefit payments and a minimum contract value. Administration of the product determines a minimum contract value, while paying a lifetime benefit payment and a guaranteed death benefit. The lifetime benefit payment does not reduce the contract value below the minimum contract value. If necessary, the lifetime benefit payment is funded by the general account assets of the company that issues the annuity product.
    Type: Grant
    Filed: April 21, 2007
    Date of Patent: March 23, 2010
    Assignee: Hartford Fire Insurance Company
    Inventors: Joseph M. Weiss, C. Dana Tatro, Maria Leonard Andrade
  • Method and system for providing minimum contract values in an annuity with lifetime benefit payments
    Publication number: 20080262977
    Abstract: A data processing method administers a deferred annuity product during the accumulation phase for a relevant life. The annuity product has a contract value, a guarantee of lifetime benefit payments and a minimum contract value. Administration of the product determines a minimum contract value, while paying a lifetime benefit payment and a guaranteed death benefit. The lifetime benefit payment does not reduce the contract value below the minimum contract value. If necessary, the lifetime benefit payment is funded by the general account assets of the company that issues the annuity product.
    Type: Application
    Filed: April 21, 2007
    Publication date: October 23, 2008
    Inventors: Joseph M. Weiss, C. Dana Tatro, Maria Leonard Andrade