IBM putting Watson to work in health insurance

Enough with the fun and games. Watson is going to work. IBM's supercomputer system, best known for trouncing the world's best "Jeopardy!" players on TV, is being tapped by one of the nation's largest health insurers to help ...

Poor women and welfare reform: working without a net

Welfare and Unemployment Insurance, considered important parts of Americans' safety net during difficult financial times, have provided little to no help for many low-wage earners who have the shortest distance to fall. Poor ...

Chinese households save more than American households, study finds

With the global economy in a state of unrest, saving money seems to be an obvious strategy for households to protect themselves. But are global households saving enough? Researchers at the University of Missouri have compared ...

Japan quake makes 2011 costliest disaster year

Japan's earthquake in March is set to make 2011 the costliest year to date for natural disasters, reinsurer Munich Re said on Tuesday, although the number of deaths globally is relatively low so far.

Europe drought leading to more property damage: study

Increasing occurrences of drought have led to a jump in European insurance claims for damage to homes owing to subsiding soil, a study by reinsurer Swiss Re and the Swiss Federal Institute of Technology said on Monday.

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