News Center
The trusted source of unique, data-driven insights on insurance to inform and empower consumers.
JIF 2022: Leaning Forward into a Changed World
By Deena Snell, Director of Research Operations & Membership, Triple-I Insurance industry decision makers and thought leaders gathered yesterday for the day-long Triple-I Joint Industry Forum (JIF) in New York City to discuss opportunities and challenges across the insurance landscape. “The world is getting more risky,” Triple-I CEO Sean Kevelighan said in his opening remarks, … Continue reading JIF 2022: Leaning Forward into a Changed World →
POSTED DECEMBER 02, 2022 5:06 PM |
Insurers Can Support Progress Toward Sustainable Development Goals
The UN Sustainable Development Goals (SDGs) are a group of 17 global goals aimed at reducing poverty and protecting the planet for the future. The SDGs were born at the United Nations Conference on Sustainable Development in 2012 and are linked to the 2030 Agenda for Sustainable Development, adopted by 193 countries. While the SDGs … Continue reading Insurers Can Support Progress Toward Sustainable Development Goals →
POSTED NOVEMBER 15, 2022 8:05 PM |
Education Can Overcome Doubts on Credit-Based Insurance Scores,IRC Survey Suggests
Consumer skepticism about the connection between credit history and future insurance claims appears to decline when the predictive power of credit-based insurance scores is explained to them, a recent study by the Insurance Research Council (IRC) suggests. This is just one of the IRC’s encouraging findings. Others include: Consumers are generally knowledgeable about credit, credit … Continue reading Education Can Overcome Doubts on Credit-Based Insurance Scores,IRC Survey Suggests →
POSTED NOVEMBER 07, 2022 7:26 PM |
Ian, Personal Auto, Inflation, Geopolitics Driving Worst P&C Underwriting Results Since 2011
The property/casualty insurance industry’s underwriting profitability is forecast to have worsened in 2022 relative to 2021, driven by losses from Hurricane Ian and significant deterioration in the personal auto line, making it the worst year for the P&C industry since 2011, actuaries at Triple-I and Milliman – an independent risk-management, benefits, and technology firm – reported … Continue reading Ian, Personal Auto, Inflation, Geopolitics Driving Worst P&C Underwriting Results Since 2011 →
POSTED NOVEMBER 03, 2022 2:27 PM |
Insurance Is Human
Almost a year ago, I felt impelled to bust the cliché that insurance is boring. In that blog post, I called out the idea that any industry that touches every imaginable peril individuals, families, businesses, and communities face could reasonably be considered dull. Today – as I dig back into work after spending two days … Continue reading Insurance Is Human →
POSTED OCTOBER 25, 2022 7:09 PM |
Remote Work Can Impede Escape From Abuse; Financial Literacy Can Remove Roadblocks
By Loretta L. Worters, Vice President, Media Relations, Triple-I Remote work, while providing a respite to many from long commutes and surging gas prices, can increase the vulnerability of domestic violence victims. Heightened risks involve not only emotional and physical but also financial abuse – often one of the main reasons victims are unable to … Continue reading Remote Work Can Impede Escape From Abuse; Financial Literacy Can Remove Roadblocks →
POSTED OCTOBER 17, 2022 5:42 PM |
CISA releases long-awaited plan for national cyber resilience
The federal Cybersecurity and Infrastructure Security Agency (CISA) in September released its 2023-2025 Strategic Plan, a response to the increasing vulnerability of U.S. infrastructure to cyberattacks. Key Takeaways The plan proposes a framework for defining and managing the federal government’s role in mitigating cyber threats to national security. CISA aims to foster a cross-agency and … Continue reading CISA releases long-awaited plan for national cyber resilience →
POSTED OCTOBER 14, 2022 3:56 PM |
“A.I. Take the Wheel!” Drivers Put Too Much Faith in Assist Features, IIHS Survey Suggests
Too many car owners are too comfortable leaving their vehicles’ driver-assist features in charge, potentially putting themselves and others at risk, according to the Insurance Institute for Highway Safety (IIHS). IIHS said a survey of about 600 regular users of General Motors Super Cruise, Nissan/Infiniti ProPILOT Assist, and Tesla Autopilot found they were “more likely … Continue reading “A.I. Take the Wheel!” Drivers Put Too Much Faith in Assist Features, IIHS Survey Suggests →
POSTED OCTOBER 13, 2022 4:11 PM |
IICF Starts Ian Relief Fund
The insurance industry’s efforts on behalf of people struggling in the wake of disasters doesn’t end with paying policyholder claims. The nonprofit Insurance Industry Charitable Foundation (IICF) has launched the IICF Hurricane Ian Relief Fund to support those in need in the wake of Hurricane Ian. Funds will benefit Team Rubicon, a nonprofit providing emergency … Continue reading IICF Starts Ian Relief Fund →
POSTED OCTOBER 12, 2022 2:09 PM |
Lawsuits Threatento Swell Ian’s Price tag
Litigation costs could add between $10 billion and $20 billion to insured losses from Hurricane Ian, adding to the woes of Florida’s already struggling homeowners’ insurance market, says Mark Friedlander Triple-I’s corporate communications director. Early estimates put Ian’s insured losses above $50 billion. “Based on the past history of lawsuits following Florida hurricanes and the … Continue reading Lawsuits Threatento Swell Ian’s Price tag →
POSTED OCTOBER 07, 2022 3:53 PM |
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