Research and Trends News

Securities Class Action Settlement Amounts Plummet

Bringing a securities class action became less lucrative last year. According to a new Cornerstone Research report, total settlements in such cases hit their lowest point in 16 years. The aggregate amount of settlements dropped 78 percent to $1.07 billion …

As West Bakes and Northeast Shivers, Elsewhere Tornadoes Almost Disappear

The same weather pattern that made the West warm and dry and the Northeast cold and snowy has contributed to keeping the rest of the U.S. relatively free of tornadoes so far this year. In the first two months of …

Arctic Melt Creates Weakest Gulf Stream in 1,000 Years, Weather Shifts Expected

Gulf Stream water currents in the Atlantic Ocean have slowed to the weakest in as long as 1,000 years, threatening shifts in U.S. and European weather, as well as coastal sea levels including in New York and Boston. The currents …

UK Report Highlights Role of Insurance in Managing, Mitigating Cyber Risk

Last year 81 percent of large UK businesses and 60 percent of small companies suffered a cyber security breach. In response to this increasing threat, a report published by the UK government and Marsh, one of the UK’s leading insurance …

A.M. Best: India Law to Raise Foreign Investment Interest in Insurance Sector

There will be heavy interest from foreign investors in India’s insurance sector now that global insurers are permitted to increase their stakes in Indian companies, according to a new briefing from A.M. Best. The Best’s briefing, titled “India’s New Legislation Will Draw …

Guy Carpenter Report Reveals Greatest Tsunami Risk Lies in Taiwan

Guy Carpenter’s new scenario risk report for the Asia-Pacific region predicts the greatest tsunami risk in the area lies in Taiwan. The report, titled “Tsunami Risk from Magnitude 9.4 Earthquake in Manila Trench,” provides an in-depth study of the tsunami …

Drunk Driver Ignition Locks Offer ‘Significant’ Benefits, Savings: Study

Putting technology that prevents drunk drivers from starting a vehicle into every car and truck in the U.S. could save 59,000 lives and $343 million over 15 years, according to a University of Michigan study. U-M’s Injury Center and Transportation …

Might Human Drivers Be Outlawed?

Tesla Motors co-founder and CEO Elon Musk thinks that human-driven cars could eventually be outlawed as computers show they can do a more efficient and safer job of driving. “In the distant future, [legislators] may outlaw driven cars because they’re …

Natural Disasters Could Cost $750 Billion Annually in 15 Years: AIR Study  

Economic losses from global natural catastrophes likely will triple over the next 15 years, unless steps are taken to reduce bad development choices, according to preliminary results of a catastrophe modeling study presented at the third UN World Conference on …

Top 10 Most, Least Expensive Cars to Insure

The cheapest 2015 models to insure include two minivans, seven sport-utilities and the tiny Smart ForTwo, according to an Insure.com  ranking of the most and least expensive vehicles to insure. The Jeep Wrangler Sport 4WD repeated its cheapest-to-insure title, with …