Research and Trends News

Ship Carrying BMWs and Mercedes Ablaze Off Dutch Coast Could Burn for Days

A cargo ship carrying almost 3,800 cars and construction vehicles is likely to continue burning for days, according to the Dutch coast guard, which is leading efforts to contain the blaze. BMW AG and Mercedes-Benz Group AG each have several …

Climate Change Lawsuits More Than Double in 5 Years as Impacts Hit Home

The number of court cases related to climate change has more than doubled in five years as impacts ranging from shrinking water resources to dangerous heatwaves hit home for millions, a report said on Thursday. Some 2,180 climate-related lawsuits have …

Airlines Face Doubling in War Insurance Premiums After Sudan Losses: Sources

Airlines could end up paying twice as much for insurance they need to protect themselves against losses triggered by war after a bruising year wiped out aviation war insurers’ revenue for 2023, industry sources say. Aircraft were destroyed at Khartoum …

Human-Induced Climate Change Plays ‘Overwhelming’ Role in July Heatwaves: Scientists

Human-induced climate change has played an “absolutely overwhelming” role in the extreme heatwaves that have swept across North America, Europe and China this month, according to an assessment by scientists published on Tuesday. Throughout July, extreme weather has caused havoc …

Update: Ship Carrying 3,000 Cars Ablaze off Dutch Coast, One Crewmember Dead

A fire blazed on a ship off the Dutch coast with nearly 3,000 vehicles on board on Wednesday, killing one member of the crew and injuring several others, the coastguard said. The fire began on Tuesday night on the 199-meter …

Scientists Alarmed About Antarctica’s Unprecedented Lack of Sea Ice Growth

Amid a summer of record heat, the most dramatic impact may be taking place under the cover of Antarctic night. The continent at the bottom of the world normally sees a halo of sea ice grow around it each summer …

Specialty P/C Insurers Outperform Their U.S. Peers: Report

U.S. property/casualty insurers that focused on difficult to place risks distanced themselves from their peers in key metrics measuring earnings, underwriting profitability, balance sheet growth and other indicators of success, according to S&P Global Market Intelligence. Kinsale Insurance Co., the …

Coastal Construction, Rising Replacement Values Contribute to Costly Hurricane Claims

Insured losses from hurricanes have risen steadily over just the past 15 years, with nine of the 10 costliest hurricanes in U.S. history occurring since 2005, according to the Insurance Information Institute (Triple-I). U.S. population growth in hurricane-prone states, coupled …

Firms With Flexible-Work Policies Hire Faster Than Those Fully in Office: Research

Companies with flexible in-office policies are hiring faster than those that have fully returned to pre-pandemic attendance rules. But landing a flexible job still comes with challenges. New research from Scoop Technologies Inc., which advises organizations on how to coordinate …

UK Support to Rejoin EU Passes 50% for 1st Time Since Brexit

More than half of Britons would vote to rejoin the European Union for the first time since the nation opted to leave the bloc seven years ago, YouGov polling showed. Some 51% of Britons told the polling company that they …