US Patent Issued to Allstate Insurance on Nov. 11 for "Optimized inventory analysis for insurance purposes" (British, American Inventors)

ALEXANDRIA, Va., Nov. 11 -- United States Patent no. 12,469,085, issued on Nov. 11, was assigned to Allstate Insurance Co. (Northbrook, Ill.).

"Optimized inventory analysis for insurance purposes" was invented by William Loo (Arlington Heights, Ill.), Stephen Hughes (Belfast, Great Britain), James Gillespie (Belfast, Great Britain), Jennifer A. Brandmaier (Chicago) and Daniel Koza (Hinsdale, Ill.).

According to the abstract* released by the U.S. Patent & Trademark Office: "Systems and methods may provide for generating, maintaining, and using an inventory for insurance purposes. An optimized inventory analysis server may use a demographic classification for a given user along with data related to items owned by other users to determine on...