Patents by Inventor William A. Meier

William A. Meier 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).

  • Publication number: 20250182213
    Abstract: A system and method for administering an insurance policy in general accounts and in separate accounts including a modified stable value protected investment including an improved surrender payment protocol. The system and method includes tracking the value of investments and an MSVP value in a life insurance contract after a termination of life insurance coverage has occurred. When the system determines that the value of the MSVP equals a predetermined value (e.g., zero) or that a maturity date for the policy or stable value protected investment has occurred, the system causes an amount equal to the value of the MSVP division to be paid to the contractholder. Upon such payment, the MSVP product provider shall have no further liability under the MSVP. The contractholder may have an option to elect at any time to receive a payment amount equal to the value of the underlying assets of the stable value protected investment. In such event, the MSVP product provider shall have no further liability under the MSVP.
    Type: Application
    Filed: February 3, 2025
    Publication date: June 5, 2025
    Applicant: ADDLE MANAGEMENT, LLC
    Inventors: Seth C. KOPPES, William A. MEIER
  • Publication number: 20240046369
    Abstract: A system and method for administering an insurance policy in general accounts and in separate accounts including a modified stable value protected investment including an improved surrender payment protocol. The system and method includes tracking the value of investments and an MSVP value in a life insurance contract after a termination of life insurance coverage has occurred. When the system determines that the value of the MSVP equals a predetermined value (e.g., zero) or that a maturity date for the policy or stable value protected investment has occurred, the system causes an amount equal to the value of the MSVP division to be paid to the contractholder. Upon such payment, the MSVP product provider shall have no further liability under the MSVP. The contractholder may have an option to elect at any time to receive a payment amount equal to the value of the underlying assets of the stable value protected investment. In such event, the MSVP product provider shall have no further liability under the MSVP.
    Type: Application
    Filed: October 12, 2023
    Publication date: February 8, 2024
    Applicant: ADDLE MANAGEMENT, LLC
    Inventors: Seth C. KOPPES, William A. MEIER
  • Patent number: 11113764
    Abstract: A system and method for administering an insurance policy in general accounts and in separate accounts including a modified stable value protected investment including an improved surrender payment protocol. The system and method includes tracking the value of investments and an MSVP value in a life insurance contract after a termination of life insurance coverage has occurred. When the system determines that the value of the MSVP equals a predetermined value (e.g., zero) or that a maturity date for the policy or stable value protected investment has occurred, the system causes an amount equal to the value of the MSVP division to be paid to the contractholder. Upon such payment, the MSVP product provider shall have no further liability under the MSVP. The contractholder may have an option to elect at any time to receive a payment amount equal to the value of the underlying assets of the stable value protected investment. In such event, the MSVP product provider shall have no further liability under the MSVP.
    Type: Grant
    Filed: April 12, 2013
    Date of Patent: September 7, 2021
    Assignee: Addle Management, LLC
    Inventors: Seth C. Koppes, William A. Meier
  • Publication number: 20140136244
    Abstract: Method and system to track, reconcile and administer the values of life insurance policies in separate accounts, including Stable Value Protected funds. Accordingly, targeted returns are translated into unit values on a daily basis for each fund. Additionally the system tracks restrictions (e.g., timing, amount of withdrawal and amount of reallocations) on a premium-by-premium basis, and tracks the book value, market value, duration and targeted return on a client-by-client basis. The system calculates and tracks the payments and credits applicable to a withdrawal or reallocation request, in addition to the liquidation schedules for each fund based on the payment amounts and credits of specific funds. Additionally, daily unit values are calculated given a periodic targeted return (i.e., a quarterly targeted return).
    Type: Application
    Filed: January 16, 2014
    Publication date: May 15, 2014
    Applicant: BANCORP SERVICES, LLC
    Inventors: Seth C. Koppes, Edward J. Lanigan, William A. Meier, Richard M. Hurwitz, Chris J. Garlich, Mark A. Gilje, Scott L. Fargo
  • Patent number: 8639537
    Abstract: Method and system to track, reconcile and administer the values of life insurance policies in separate accounts, including Stable Value Protected funds. Accordingly, targeted returns are translated into unit values on a daily basis for each fund. Additionally the system tracks restrictions (e.g., timing, amount of withdrawal and amount of reallocations) on a premium-by-premium basis, and tracks the book value, market value, duration and targeted return on a client-by-client basis. The system calculates and tracks the payments and credits applicable to a withdrawal or reallocation request, in addition to the liquidation schedules for each fund based on the payment amounts and credits of specific funds. Additionally, daily unit values are calculated given a periodic targeted return (i.e., a quarterly targeted return).
    Type: Grant
    Filed: October 12, 2011
    Date of Patent: January 28, 2014
    Assignee: Bancorp Services LLC
    Inventors: Seth C. Koppes, Edward J. Lanigan, William A. Meier, Richard M. Hurwitz, Chris J. Garlich, Mark A. Gilje, Scott L. Fargo
  • Publication number: 20120029953
    Abstract: Method and system to track, reconcile and administer the values of life insurance policies in separate accounts, including Stable Value Protected funds. Accordingly, targeted returns are translated into unit values on a daily basis for each fund. Additionally the system tracks restrictions (e.g., timing, amount of withdrawal and amount of reallocations) on a premium-by-premium basis, and tracks the book value, market value, duration and targeted return on a client-by-client basis. The system calculates and tracks the payments and credits applicable to a withdrawal or reallocation request, in addition to the liquidation schedules for each fund based on the payment amounts and credits of specific funds. Additionally, daily unit values are calculated given a periodic targeted return (i.e., a quarterly targeted return).
    Type: Application
    Filed: October 12, 2011
    Publication date: February 2, 2012
    Applicant: Bancorp Services, L.L.C.
    Inventors: Seth C. Koppes, Edward J. Lanigan, William A. Meier, Richard M. Hurwitz, Chris J. Garlich, Mark A. Gilje, Scott L. Fargo
  • Publication number: 20110131069
    Abstract: Method and system to track, reconcile and administer the values of life insurance policies in separate accounts, including Stable Value Protected funds. Accordingly, targeted returns are translated into unit values on a daily basis for each fund. Additionally the system tracks restrictions (e.g., timing, amount of withdrawal and amount of reallocations) on a premium-by-premium basis, and tracks the book value, market value, duration and targeted return on a client-by-client basis. The system calculates and tracks the payments and credits applicable to a withdrawal or reallocation request, in addition to the liquidation schedules for each fund based on the payment amounts and credits of specific funds. Additionally, daily unit values are calculated given a periodic targeted return (i.e., a quarterly targeted return).
    Type: Application
    Filed: February 4, 2011
    Publication date: June 2, 2011
    Applicant: Bancorp Services, L.L.C.
    Inventors: Seth C. Koppes, Edward J. Lanigan, William A. Meier, Richard M. Hurwitz, Chris J. Garlich, Mark A. Gilje, Scott L. Fargo
  • Patent number: 7249037
    Abstract: Method and system to track, reconcile and administer the values of life insurance policies in separate accounts, including Stable Value Protected funds. Accordingly, targeted returns are translated into unit values on a daily basis for each fund. Additionally the system tracks restrictions (e.g., timing, amount of withdrawal and amount of reallocations) on a premium-by-premium basis, and tracks the book value, market value, duration and targeted return on a client-by-client basis. The system calculates and tracks the payments and credits applicable to a withdrawal or reallocation request, in addition to the liquidation schedules for each fund based on the payment amounts and credits of specific funds. Additionally, daily unit values are calculated given a periodic targeted return (i.e., a quarterly targeted return).
    Type: Grant
    Filed: September 9, 1996
    Date of Patent: July 24, 2007
    Assignee: Bancorp Services L.L.P.
    Inventors: Seth C. Koppes, Edward J. Lanigan, William A. Meier, Richard M. Hurwitz, Chris J. Garlich, Mark A. Gilje, Scott L. Fargo
  • Publication number: 20040215493
    Abstract: Method and system to track, reconcile and administer the values of life insurance policies in separate accounts, including Stable Value Protected funds. Accordingly, targeted returns are translated into unit values on a daily basis for each fund. Additionally the system tracks restrictions (e.g., timing, amount of withdrawal and amount of reallocations) on a premium-by-premium basis, and tracks the book value, market value, duration and targeted return on a client-by-client basis. The system calculates and tracks the payments and credits applicable to a withdrawal or reallocation request, in addition to the liquidation schedules for each fund based on the payment amounts and credits of specific funds. Additionally, daily unit values are calculated given a periodic targeted return (i.e., a quarterly targeted return).
    Type: Application
    Filed: September 9, 1996
    Publication date: October 28, 2004
    Inventors: SETH C. KOPPES, EDWARD J. LANIGAN, WILLIAM A. MEIER, RICHARD M. HURWITZ, CHRIS J. GARLICH, MARK A. GILJE, SCOTT L. FARGO
  • Patent number: 5926792
    Abstract: Method and system to track, reconcile and administer the values of life insurance policies in separate accounts, including Stable Value Protected funds. Accordingly, targeted returns are translated into unit values on a daily basis for each fund. Additionally the system tracks restrictions (e.g., timing, amount of withdrawal and amount of reallocations) on a premium-by-premium basis, and tracks the book value, market value, duration and targeted return on a client-by-client basis. The system calculates and tracks the payments and credits applicable to a withdrawal or reallocation request, in addition to the liquidation schedules for each fund based on the payment amounts and credits of specific funds. Additionally, daily unit values are calculated given a periodic targeted return (i.e., a quarterly targeted return).
    Type: Grant
    Filed: September 18, 1998
    Date of Patent: July 20, 1999
    Assignee: Bancorp Services, Inc.
    Inventors: Seth C. Koppes, Edward J. Lanigan, William A. Meier, Richard M. Hurwitz, Chris J. Garlich, Mark A. Gilje, Scott L. Fargo
  • Patent number: 4289175
    Abstract: A strapping tool for tensioning a strap loop around an article and for crimping or notching a push-type seal around the overlapping strap portions is provided with a frame, an arm pivotally mounted on the frame for pivoting movement in a first direction and in a second, opposite direction, an abutment nose on the arm for engaging the seal during tensioning, a spring biasing the arm in the first direction during tensioning, a motor-driven tension wheel for pulling one of the overlapping strap portions through the seal to tension the loop whereby the tension reaction urges the abutment nose against the seal and, at a predetermined tension level, causes the arm to overcome the spring and pivot relative to the frame in the second direction. A jaw assembly is provided for crimping or notching the seal and a control means is provided for actuating the jaw assembly in response to the movement of the arm in the second direction at the predetermined tension level.
    Type: Grant
    Filed: November 13, 1979
    Date of Patent: September 15, 1981
    Assignee: Signode Corporation
    Inventors: David E. Crittenden, Barry R. Angarola, Robert J. Nix, William A. Meier
  • Patent number: 4228565
    Abstract: A metal strap segment is provided for forming a loop about compressible material and has a first joint-forming portion on one end and a second joint-forming portion on the other end, each of the joint-forming portions containing an array of longitudinally spaced joint elements which are adapted to interlock to form a sealless strap connection when the joint-forming portions are overlapped. An abutment is provided at the distal end of the second joint-forming portion and a disengageable anti-reverse engaging means, such as a tab or receiving aperture, is provided on the first joint-forming portion. The engaging tab or aperture is located, with respect to the distal end of the first joint-forming portion, inwardly of and adjacent the array of longitudinally spaced joint elements.
    Type: Grant
    Filed: August 17, 1978
    Date of Patent: October 21, 1980
    Assignee: Signode Corporation
    Inventors: Peter Lems, William A. Meier
  • Patent number: 4156385
    Abstract: A method is provided for binding a first low density bale with a plurality of straps and then reusing sections of the straps to bind a second, smaller bale which is compressed from the first bale. A plurality of primary straps are provided with a multiple of discrete arrays of longitudinally spaced joint elements, the joint elements of each array being adapted to interlock with the joint elements of another array to form a sealless connection therebetween. Each primary strap is looped around the first low density bale and the ends of the strap are connected through two of the arrays of interlocking joint elements. Each primary strap further has, at spaced locations along its length, severance indicia and readily disengageable anti-reverse engaging tabs. When desired, the first bale may be subsequently further compressed to allow removal of the primary straps.
    Type: Grant
    Filed: August 17, 1978
    Date of Patent: May 29, 1979
    Assignee: Signode Corporation
    Inventors: Peter Lems, William A. Meier
  • Patent number: 4080689
    Abstract: A metal strap segment adapted for forming a first loop about material to be tied and for forming a sealless strap connection between overlapping strap ends of the segment is provided with an integral smaller strap segment adapted for forming a second smaller loop and for forming a sealless strap connection between overlapping strap ends of the smaller segment when the smaller segment is severed from the larger segment. The severed ends of the remaining portion of the larger strap segment are also adapted for being reconnectable and forming a sealless strap connection therebetween.
    Type: Grant
    Filed: May 24, 1976
    Date of Patent: March 28, 1978
    Assignee: Signode Corporation
    Inventor: William A. Meier