Insurance Research & Trends: Thursday, February 2, 2012

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February 2, 2012 Insurance Research & Trends of Special Note Study: Major Earthquake Could Hit Tokyo Within Years Jan 25, 2012 -- A new study is warning that the Tokyo region has a 70 percent chance of being hit directly by a powerful magnitude-7 earthquake within four ... Outpatient Costs Higher in States Without Fee Schedules: Workers' Comp Study Jan 11, 2012 -- States without fee schedules have higher hospital outpatient costs for common surgeries compared to states with fee schedules, according to ... Aging Workforce May Not Be So Bad for Workers' Compensation, Says NCCI Jan 5, 2012 -- The aging workforce may not have the negative impact on loss costs that workers' compensation insurers have feared. New research from the ... Securities Class Actions Steady in 2011; Surge Against Chinese Firms Jan 3, 2012 -- The pace of filings of class actions under federal securities and commodity laws held relatively steady in 2011 as compared to the previous ... Latest Research & Trends News Electronics in Autos Pose New Safety Issues, Scientists Say Jan 31, 2012 -- The increasing use of electronic systems in automobiles is a challenge for federal safety regulators who often lack the technical expertise ... Consumer Group Charges Auto Insurers with 'Disparate Treatment' of Low Income Families Jan 30, 2012 -- A consumer group on Monday issued a study that alleges "disparate treatment" of low-to moderate-income families by auto insurers ... Agency Compensation Expected to Rise in 2012: Ward Group Jan 30, 2012 -- Contingent commission payouts to insurance agencies are estimated to be 12 percent higher in 2012 than 2011, a new study says. The study by ... Employment Bias Complaints Against Private Sector at All-Time High: EEOC Jan 27, 2012 -- Employment discrimination complaints against private sector employers reached an all-time high in the most recent fiscal year, federal ... Increase in U.S. Tort Costs Driven by Gulf Oil Spill: Study Jan 27, 2012 -- The April 2010 Deepwater Horizon drilling rig explosion and resulting oil spill in the Gulf of Mexico were the key drivers in the 5.1 ... People Lie More When Texting Jan 27, 2012 -- Sending a text message leads people to lie more often than in other forms of communication, according to new research. David Xu, assistant ... How Insurance Distribution Is Changing Jan 26, 2012 -- Insurance distribution is changing and agents and brokers—retailers and wholesalers—have to define the value they offer and what type ... Scientists Urge More Study of Nanotechnology Risks Jan 26, 2012 -- Studying the potential health hazards of nanotechnology will require an additional $24 million a year to close the knowledge gap about the ... January P/C Reinsurance Renewals Flat or Up Slightly: Towers Watson Jan 25, 2012 -- January 1 renewal rates for U.S. property/casualty reinsurance premiums showed firming with changes from -5 percent to +5 percent on an ... Crop Insurance Payouts at a Record $9.1 Billion Jan 25, 2012 -- Crop insurers paid out a record $9.1 billion in indemnities on 2011 U.S. crops, and the total could top $10 billion when all claims are ... Report: Most Workplace Homicides Happen During Robberies Jan 25, 2012 -- What do robberies and healthcare patients have in common? Workplace violence. While the numbers of workplace homicides and injury-causing ... Workers' Compensation Turn a Profit? Fahgettaboudit! Jan 23, 2012 -- Workers' compensation carriers with visions of profits over the next few years are dreaming. It ain't goin' to happen, according to ... Florida Workers' Compensation Costs Per Claim Growing: WCRI Study Jan 17, 2012 -- Workers' compensation costs per claim in Florida, which dropped in the year following system reforms in 2003, showed signs of growth from ... I.I.I. Survey: P/C Executives Expect Improved Profitability in 2012 Jan 11, 2012 -- Most property/casualty insurance executives believe the worst of the financial crisis is over and that the industry is now in the early ... Federal Risk Retention Law Needs Clarification: Congressional Report Jan 10, 2012 -- The federal law governing risk retention groups should be clarified to reduce the number of disagreements between RRG managers and state ... As Consumer Power Goes Viral, Risk of Reputational Damage Grows Jan 6, 2012 -- Corporate America's worst nightmare lives in a tiny one-bedroom apartment, loves browsing in flea markets and has a lop-eared brown and ... West Virginia to Study Ways to Reduce $50M in Deer Collisions Jan 6, 2012 -- Every year in West Virginia, motorists and insurance companies pay more than $50 million to fix damage caused when vehicles collide with ... On-Duty Firefighter Fatalities Decreased in 2011 Jan 4, 2012 -- There were 81 on-duty firefighter fatalities in the United States as a result of incidents that occurred in 2011, a decrease from the 87 ... Ground Shifting for Medical Liability Insurers: Moody's Jan 3, 2012 -- Although it comprises just over two percent of annual direct premiums for the U.S. property and casualty insurance industry, the medical ... 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