Research and Trends News

Pennsylvania Warns Consumers, Insurers About Rising National Auto Theft Rates

Pennsylvania Insurance Commissioner Jessica Altman has reminded drivers to take precautions to prevent auto theft, as a recent report shows the rate of car theft nationally rising by more than four percent in the first half of 2017. She also …

Corporate Fines, Penalties Plummet Under Trump Administration

While Donald Trump has positioned himself as a tough, “law and order” president, he has mostly excluded one group of offenders from his sights: those of the corporate class, according to a report released Wednesday by Washington-based watchdog Public Citizen. …

Global H1 Insured Natural Disaster Losses 40% Lower than 10-Year Average: Aon

Global insured losses from natural disasters for the first half were preliminarily estimated at US$21 billion, which is 40 percent lower than the 10-year average of US$35 billion and 19 percent lower than the 18-year average of US$26 billion, according …

Study Warns of Cyber Hacking Risk to Firms Using SAP, Oracle Management Software

At least a dozen companies and government agencies have been targeted and thousands more are exposed to data breaches by hackers exploiting old security flaws in management software, two cyber security firms said in a study published on Wednesday. The …

M&A Deals Likely to Become More Challenging as Sellers Seek High Deal Values

The current operating environment continues to prompt mergers & acquisitions (M&A) among insurers and reinsurers. However, the number of potential M&A candidates has declined and sellers’ expectations of high deal values could make future transactions more challenging, according to a …

Study Examines California Worker’s Comp Prescription Drug Outcomes Under New Formulary

A new analysis offers a preliminary look at Utilization Review and Independent Medical Review outcomes involving pharmaceutical requests for California injured workers since the state implemented a workers’ compensation formulary in January. The analysis from the California Workers’ Compensation Institute …

UK Government Officials Identify Security Risks with Huawei’s Telecom Equipment

Technical and supply-chain issues with equipment made by Chinese firm Huawei have exposed Britain’s telecom networks to new security risks, a government report said on Thursday. The assessment, made in a report signed off by Britain’s GCHQ spy agency, will …

Climate Change Is Beginning to Shift Planet’s Seasons: Scientists

Poring over four decades of satellite data, climate scientists have concluded for the first time that humans are pushing seasonal temperatures out of balance—shifting what one researcher called the very “march of the seasons themselves.” Ever-mindful of calculable uncertainty and …

Cybersecurity Tops D&O Liability Risks

Cybersecurity is the top directors and officers (D&O) liability concern for organizations today, while claims brought by employees, including claims for harassment or discrimination, and regulatory enforcement risks are also critical D&O exposures. According to Willis Towers Watson’s 2018 Management …

Safety Agency Finds 10% of Veteran Coal Miners Have Black Lung Disease

More than 10 percent of America’s coal miners with 25 or more years of experience have black lung disease, the highest rate recorded in roughly two decades, according to a government study released on Thursday that showed cases concentrated heavily …