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IT spending by insurance companies to reach $161 bln by 2009

Insurance IT spending will increase from $123 bln in 2003 to $161 bln in 2009. For health insurance, IT spending will increase from $28 bln to $37 bln, Gartner said.

Insurance IT spending will increase from $123 bln in 2003 to $161 bln in 2009. For health insurance, IT spending will increase from $28 bln to $37 bln, Gartner said.