Author
 Anthony O'Donnell
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Profile of Anthony O'Donnell

Blog Posts: 2240

Anthony O'Donnell has covered technology in the insurance industry since 2000, when he joined the editorial staff of Insurance & Technology. As an editor and reporter for I&T and the InformationWeek Financial Services of TechWeb he has written on all areas of information technology in the property/casualty, life and health insurance industries, following the trends and issues faced by senior technology executives. In addition to reporting and editorial duties for I&T, O'Donnell also serves as a moderator and speaker at industry events and broadcasts. He began his editorial career in the healthcare industry where he reported and edited for medical publications with a variety of audiences, from the general public to physicians and researchers. He has also worked in the healthcare field as a media relations professional and Spanish/English interpreter/translator, and has taught English composition and conversation classes to native speakers of Spanish, both in the United States and in Latin America. O'Donnell lives in the Portland, Oregon area with his wife and two sons.

Articles by Anthony O'Donnell
posted in December 2008

Expert: All Predictive Models Are Wrong

12/16/2008
Near-term hurricane models introduced by AIR Worldwide, EQECAT and RMS in 2006, predicted cumulative insured losses of 37.2 billion, $40.8 billion and $42 billion respectively-seriously short of the actual cumulative losses of $13.3 billion during the specified period.

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Leakage Floods NFIP: GAO Report

12/9/2008
It is unclear whether the report's title reflects the GAO's leaden wonkishness or a terrifically dry sense of humor, but it is called "FEMA's Rate-Setting Process Warrants Attention." It will be interesting to see what kind of attention it gets when current authorization for the NFIP expires on March 6, 2009.

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NAIC Adopts Reinsurance Reform

12/9/2008
The National Association of Insurance Commissioners (NAIC) has adopted its Reinsurance Regulatory Modernization Framework Proposal, which modernizes U.S. state-based regulation of reinsurance through the creation of two new classes of reinsurers subject to U.S. insurance regulation.

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Election Impact: a conversation with NAMIC

12/3/2008
Given that a Democratic president is succeeding a two-term Republican and that, moreover, the Democratic Party has increased its dominance in Congress, the insurance industry might be expecting significant changes to ensue from the Nov. 4 election. However, the industry anticipating change more as a result of the financial crisis than the election.

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Murder in Mumbai: Civilization and Barbarism

12/1/2008
A civilized world is one in which its inhabitants can concentrate on creative activities and business rather on the more fundamental concerns of self-preservation. It is only too easily for barbarians to destroy that fragile order by harming the defenseless.

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