Wednesday 29 February 2012

Insurance Research & Trends: Wednesday, February 29, 2012

Insurance Research & Trends
February 29, 2012
Latest Research & Trends News

World Bank Says China Must Embrace Market Economy

Feb 28, 2012 -- China's economy is near a turning point that demands that it relax its grip on industry and move towards free markets, the World Bank said ...

Surplus Lines Analysis: Multistate Clearinghouse Economics Don’t Work

Feb 27, 2012 -- Recent data from Florida indicate that the economics for a multistate surplus lines tax allocation clearinghouse are unworkable. There ...

Report: Complaints Against Ohio Nurses Are on Rise

Feb 27, 2012 -- Misconduct complaints against Ohio nurses have skyrocketed in recent years, leading to a backlog of investigations for the state nursing ...

Forecasters Unsure What to Expect This Tornado Season

Feb 27, 2012 -- Tornado season is starting, but don't ask meteorologists how bad it will be this spring and summer. They don't know. They're having a hard ...

Bankers and Their Insurers Escape Big Penalties in FDIC Prosecutions

Feb 24, 2012 -- Like many banks engulfed by the mortgage crisis, First National Bank of Nevada specialized in risky home loans that didn't require ...

Electronic Proof of Insurance Gaining Steam in Some States

Feb 23, 2012 -- It's possible that driving with a cell phone may be an advantage. A California legislator's bill to enable auto insurance policyholders to ...

Survey: 51% of Insurers Expect to Increase Staff in 2012

Feb 23, 2012 -- A new study says 51 percent of the insurance carriers recently surveyed expect to increase staff in the next 12 months. But it's not all ...

2011 an Exceptional Year for Tornadoes

Feb 23, 2012 -- While 2011 marked the fourth deadliest year on record for tornadoes in the United States, Texas was spared tornado-related fatalities and ...

There’s an App for That: Mobile Phone Quoting

Feb 21, 2012 -- Don't be surprised if in the not-too-distant future on a television commercial you see Flo, adorned in her white apron, drop her price ...

RAND Study: Ending Individual Mandate Would Cut Coverage, Hike Government’s Costs

Feb 21, 2012 -- Eliminating the federal mandate in the new healthcare law that every individual carry health insurance would sharply lower the number of ...

U.S. Should Expect Another Above-Normal Tornado Season in 2012

Feb 21, 2012 -- The U.S. should expect an active severe weather season with above-normal tornadoes in 2012. That's after a near-record number of tornadoes ...

Earthquake Simulator to Be Built at University of Alabama

Feb 21, 2012 -- There aren't very many rooms in the world that can successfully reproduce the devastating effects of an earthquake. But come May 1, a ...

Va. Medical Cost Per Workers’ Comp Claim Higher Than Most States

Feb 20, 2012 -- Broad metrics of worker' compensation costs show that Virginia is a lower cost state, largely due to a lower frequency of claims, according ...

Georgia Disaster Training Site Replicates New Orleans’ 9th Ward

Feb 17, 2012 -- Work is under way on what might be one of the most unique construction projects ever done in Middle Georgia. For years, the whisper of the ...

U.S. Seeks Ways to Reduce Excessive Medical Testing

Feb 17, 2012 -- A leading group of U.S. doctors is trying to tackle the costly problem of excessive medical testing, hoping to avoid more government ...

Underage Drinkers Run Up $750 Million a Year in Hospital Costs

Feb 16, 2012 -- Hospitalization for underage drinking is common in the United States, and it comes with a price tag — the estimated total cost for these ...

’100-Year Storms’ May Happen Every 3 to 20 Years: MIT-Princeton Research

Feb 15, 2012 -- Last August, Hurricane Irene spun through the Caribbean and parts of the eastern United States, leaving widespread wreckage in its wake. ...

Practice Doesn’t Make Perfect in Making Decisions About Risk

Feb 14, 2012 -- People aren't always good at making informed decisions that involve risk, but a new study shows that even when they know the likelihood of ...

Many Texans Earn Low Pay, Hold Few Assets

Feb 7, 2012 -- Texas politicians like to tout the state's economic growth, but more and more Texans are finding themselves teetering on the edge of ...

Global Mining Insurance Market Capacity Down 30% After Losses: Willis

Feb 6, 2012 -- In 2011, the mining insurance market was not only hit by $2.7 billion in natural catastrophe losses, but over 60 operational losses ...

WCRI: Virginia’s Medical Cost Per Workers’ Comp Claim Higher Than Most

Feb 2, 2012 -- Broad metrics of worker' compensation costs show that Virginia is a lower cost state, largely due to a lower frequency of claims, according ...

Major Companies Keeping Cyber Attacks Secret from SEC, Investors: Report

Feb 2, 2012 -- At least a half-dozen major U.S. companies whose computers have been infiltrated by cyber criminals or international spies have not ...

Nuclear Accidents Pose Little Risk to U.S. Health, Say Regulators

Feb 2, 2012 -- The risk to public health from a severe nuclear power plant accident in the United States is "very small" because reactor operators should ...

Study: California Workplace Safety Program Only Superficially Enforced

Feb 1, 2012 -- An occupational safety program that requires California businesses to eliminate workplace hazards only works when it's adequately enforced. ...

Peers as Passengers Studies Support Graduated Licenses for Teen Drivers

Jan 30, 2012 -- Two new studies support the efforts of states in imposing restrictions on teen driving. Teens who drive with peers as passengers have ...

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