Data from University of Auckland Advance Knowledge in Risk Management (Accident rates and the impact of daylight saving time transitions) - Insurance News | InsuranceNewsNet

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March 2, 2018 Newswires
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Data from University of Auckland Advance Knowledge in Risk Management (Accident rates and the impact of daylight saving time transitions)

Insurance Weekly News

By a News Reporter-Staff News Editor at Insurance Weekly News -- Data detailed on Risk Management have been presented. According to news reporting from Auckland, New Zealand, by VerticalNews journalists, research stated, "One-third of nations have adopted some form of Daylight Saving Time (DST). Associated costs and benefits include impacts on accident rates."

The news correspondents obtained a quote from the research from the University of Auckland, "Using data from 12.6 million accident claims in New Zealand during 2005-2016, we model accident rates as a function of various date-based predictors including days before/after the start and end of DST, holidays, day of week, and month of year. This is the first study to consider multiple accident categories (Road, Work, Falls and Home & Community), and the first in the southern hemisphere. The start of DST is associated with significantly higher rates of road accidents (first day +16% and second day +12%). Evidence that accident rates for Falls and Home & Community decline (increase) prior to the start (end) of DST suggest potential behavioural adaption from anticipating the change. While Work accidents show limited impact from DST changes, they exhibit a significant decline over the course of the week (Friday 13% lower than Monday), whereas Road accidents exhibit a significant increase (Friday 19% higher than Monday)."

According to the news reporters, the research concluded: "Our results have implications for both DST implementation and policy."

For more information on this research see: Accident rates and the impact of daylight saving time transitions. Accident Analysis and Prevention, 2018;111():193-201. Accident Analysis and Prevention can be contacted at: Pergamon-Elsevier Science Ltd, The Boulevard, Langford Lane, Kidlington, Oxford OX5 1GB, England. (Elsevier - www.elsevier.com; Accident Analysis and Prevention - www.journals.elsevier.com/accident-analysis-and-prevention/)

Our news journalists report that additional information may be obtained by contacting D. Robb, University of Auckland, Grad Sch Management, Business Sch, Auckland 1142, New Zealand.

The direct object identifier (DOI) for that additional information is: https://doi.org/10.1016/j.aap.2017.11.029. This DOI is a link to an online electronic document that is either free or for purchase, and can be your direct source for a journal article and its citation.

Keywords for this news article include: Auckland, New Zealand, Australia and New Zealand, Risk Management, University of Auckland.

Our reports deliver fact-based news of research and discoveries from around the world. Copyright 2018, NewsRx LLC

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