Granted Patent B2

US 12,620,035 · App. 18/643,856 · Granted May 5, 2026

Inventors: Ronny S. Bryant (Bloomington, IL); Stacie A. McCullough (Bloomington, IL); Mitchell J. Hill (Bloomington, IL); Jacob J. Alt (Downs, IL); Jaime Skaggs (Chenoa, IL); Shawn M. Call (Bloomington, IL); Eric Bellas (Bloomington, IL); Vicki King (Bloomington, IL); Melinda Teresa Magerkurth (Utica, IL)

Assignee: STATE FARM MUTUAL AUTOMOBILE INSURANCE COMPANY

G06Q40/084B60W50/00G06F16/182G06F16/27G06Q10/10G06Q20/389G06Q30/0283G06Q30/0623G06Q40/08G06Q50/163G07C5/008G07C5/0808G16H10/60H04L9/0643H04L9/32H04L12/2803H04L67/1061H04L67/12H04W4/40B60W2756/10G06F16/903H04L9/50H04L2012/2847

Abstract

Claims (29)

1 . A computer-implemented method for tracking loss histories for properties via a distributed ledger maintained by a plurality of servers, the method comprising:

storing, at the distributed ledger, one or more transaction records representing one or more insurance claims that have been filed involving a property,

performing the following when an insurance claim involving the property is filed by a person, using a computer, of the plurality of servers, that is possessed by the person:

(i) generating, at the computer from the plurality of servers, a particular transaction record representing the filed insurance claim;

(ii) proposing the particular transaction record to one or more other servers from the plurality of servers; and

(iii) when a consensus analysis that utilizes a consensus mechanism indicates that a consensus has been formed, storing the particular transaction record at the distributed ledger by storing the particular transaction record to a copy of the distributed ledger maintained at the computer; and

responding to a request for a loss report for the property by:

retrieving from the distributed ledger each of the one or more transaction records representing the one or more insurance claims that have been filed involving the property, including the particular transaction record;

generating a loss history for the property based upon the retrieved one or more transaction records; and

generating a loss report including information from the loss history.

2 . The computer-implemented method of claim 1 , wherein storing the particular transaction record at the distributed ledger comprises: storing the particular transaction record to a block.

3 . The computer-implemented method of claim 2 , wherein the consensus analysis includes generating a hash value for the particular transaction record, and utilizing the hash value for the particular transaction record to generate a hash value for the block.

4 . The computer-method of claim 1 , wherein the consensus mechanism is: a proof of work mechanism, a proof of stake mechanism, or a proof of activity mechanism.

5 . The computer-implemented method of claim 1 , wherein the consensus mechanism is: a proof of burn mechanism, a proof of capacity mechanism, or a proof of elapsed time mechanism.

6 . The computer-implemented method of claim 1 , wherein the particular transaction record includes data representing: an identity of the insured person, an identity of the insured property, and a monetary loss for the claim.

7 . The computer-implemented method of claim 6 , wherein the particular transaction record further includes data representing: a date of the loss, a status of the claim, and a type of the loss.

8 . The computer-implemented method of claim 1 , wherein the property is real estate.

9 . The computer-implemented method of claim 1 , wherein the property is a vehicle.

10 . The computer-implemented method of claim 1 , wherein the property is a painting or antique.

11 . A computer system for tracking loss histories for properties, the system comprising:

a server configured to maintain a distributed ledger for tracking loss histories in conjunction with a plurality of servers, wherein the server includes a memory storing: (A) a copy of the distributed ledger, and (B) instructions that, when executed, cause the server to store one or more transaction records representing one or more insurance claims that have been filed by a person using a computer, of the plurality of servers, that is possessed by the person, including instructions that cause the computer to do the following when an insurance claim involving the property is filed: (i) generate, at the server, a particular transaction record representing the filed insurance claim; and (ii) propose the particular transaction record to one or more other servers from the plurality of servers;

wherein the server is configured to: (i) store the particular transaction record at the copy of the distributed ledger when a consensus analysis that utilizes a consensus mechanism indicates that a consensus has been formed; and (ii) generate a loss report for a property in response to receiving a request for the loss report by (a) retrieving from a copy of the distributed ledger each of the one or more transaction records representing the one or more insurance claims that have been filed involving the property, including the particular transaction record; (b) generating a loss history for the property based upon the retrieved one or more transaction records; and (c) generating the loss report to display the loss history.

12 . The computer system of claim 11 , wherein the server is configured to store the particular transaction record at the distributed ledger by storing the particular transaction record to a block.

13 . The computer system of claim 12 , wherein the consensus analysis includes generating a hash value for the particular transaction record and utilizing the hash value for the particular transaction record to generate a hash value for the block.

14 . The computer system of claim 11 , wherein the consensus mechanism is: a proof of work mechanism, a proof of stake mechanism, or a proof of activity mechanism.

15 . The computer system of claim 11 , wherein the consensus mechanism is: a proof of burn mechanism, a proof of capacity mechanism, or a proof of elapsed time mechanism.

16 . The computer system of claim 11 , wherein the particular transaction record includes data representing: an identity of the insured person, an identity of the insured property, and a monetary loss for the claim.

17 . The computer system of claim 16 , wherein the particular transaction record further includes data representing: a date of the loss, a status of the claim, and a type of the loss.

18 . The computer system of claim 11 , wherein the property is real estate.

Assignments (1)

Continuity (14)

References Cited (345)