Research and Trends News

How Value of Past Products Influences What Consumers Will Pay

The value of the products consumers encounter influences how much they’ll subsequently pay for other items, according to new neuroscience research pointing to a previously undetected factor that affects consumer behavior. The study, which appeared in the journal Proceedings of …

Victim Compensation for Emotional Suffering: How Much Is Right?

If a company sends one of its workers to a crime-ridden neighborhood to repair a leaking roof and the worker is held up by gunpoint, has his wallet stolen and is so terrified that he can’t return to work, how …

Who Is Most at Risk for Opioid Death and How to Help Them: Columbia Research

Just over 60 percent of individuals who died from an opioid overdose had been diagnosed with a chronic pain condition, and many had been diagnosed with a psychiatric disorder, a study of more than 13,000 overdose deaths has found. Only …

Insurers’ Asbestos Payments in 2016 Topped $3 Billion

While U.S. asbestos-related incurred losses dropped in 2016, property/casualty insurers’ payments for asbestos claims grew 9 percent and hit $3.2 billion for the year, a new A.M. Best report concludes. The $3.2 billion figure exceeds the long-term average of $2.4 …

Index Shows Where People Are Moving in Next Few Months

It’s possible to know where in the country more homebuyers will be moving over the next 30 to 90 days, thanks to what’s called a “pre-mover” index. It turns out that the U.S. markets with the highest “pre-mover” indices during …

Most Americans with High Deductible Health Plans Don’t Shop or Save: Study

More and more Americans have health insurance that requires them to open their wallets for the first few thousand dollars’ worth of care they receive every year, before the insurance coverage kicks in. But a new study suggests that despite …

Millions of Devices in Europe Remain Undefended Against Cyber Attacks: Report

A year after a wave of denial-of-service attacks knocked out major websites around the world, millions of unsecured printers, network gear and webcams remain undefended against attack across major European cities, a report published on Tuesday said. Computer security company …

UK, Ireland’s Storm Ophelia to Cost Insurers an Estimated $70.1M: PERILS

Insurance losses for Storm Ophelia, which hit Ireland and the United Kingdom on Oct. 16-17, are estimated at €60 million (US$70.1 million), according to PERILS, the independent Zurich-based organization that provides industry-wide catastrophe insurance data. The majority of the damage …

Utah Seeing Increase in Drug-Related Deadly Crashes, Report Shows

The number of fatal car crashes linked to drivers on drugs has spiked in the last two years in Utah while alcohol-related fatal wrecks have declined slightly, state figures show. The state Legislature’s annual report on driving under the influence …

Workers’ Compensation Still Under Pressure from Drug Repackagers, Compounding Pharmacies

Though the number of physician dispensed prescriptions has declined considerably from just a few years ago, the workers’ compensation industry continues to battle a market seeking to maintain high prices by changing drug strength and formulations. The impact of physician …