Recent News About Insurance Information Institute
By Business Daily | Jan 16, 2025
The U.S. property/casualty (P/C) insurance market showed improved underwriting results in 2024, with expectations for continued growth in 2025 and 2026, according to a report by the Insurance Information Institute (Triple-I) and Milliman.
By Business Daily | Jan 10, 2025
The recent wildfires in Southern California have caused significant damage to numerous homes, businesses, and vehicles.
By Business Daily | Jan 9, 2025
California property insurers are stepping in to support their customers affected by the recent wildfires in the Los Angeles area.
By Business Daily | Dec 19, 2024
Despite facing challenges from climate risk and inflation, the U.S. commercial property insurance sector is showing signs of improvement, according to a new brief by the Insurance Information Institute (Triple-I), affiliated with The Institutes.
By Business Daily | Dec 18, 2024
With the official start of winter on December 21, the Insurance Information Institute (Triple-I) is advising homeowners, renters, and drivers across the United States to prepare for snow, ice, and cold temperatures.
By Business Daily | Dec 11, 2024
Matt McHatten, president and CEO of MMG Insurance, has been elected chair of the Insurance Information Institute's (Triple-I) Executive Leadership Committee (ELC).
By Business Daily | Nov 20, 2024
The RiskScan 2024 survey, conducted by Munich Re US in collaboration with the Insurance Information Institute (Triple-I), has identified the primary risk concerns among various stakeholders in the insurance industry.
By Business Daily | Nov 13, 2024
Inland areas are facing an increasing threat from flooding due to tropical and severe convective storms, yet many homeowners remain without flood insurance.
By Business Daily | Oct 24, 2024
The commercial auto insurance sector has faced challenges in achieving underwriting profitability for several years, a situation that predates the recent inflationary pressures affecting property and casualty lines. Despite steady growth in net written premiums, this line of insurance continues to struggle, as reported by the Insurance Information Institute (Triple-I), an affiliate of The Institutes.
By Business Daily | Oct 23, 2024
The Insurance Information Institute (Triple-I) has initiated a campaign to highlight the effects of legal system abuse on consumers, businesses, and insurers in Georgia. This effort includes an Interstate 20 billboard in Downtown Atlanta and digital billboards throughout Metro Atlanta at bus stops and other urban locations.
By Business Daily | Oct 10, 2024
First-half economic and underwriting results for the U.S. property/casualty (P/C) industry have surpassed expectations, according to a new report from the Insurance Information Institute (Triple-I) and Milliman. The report, titled "Insurance Economics and Underwriting Projections: A Forward View," highlights an improvement in the net combined ratio (NCR), which stands at 99.4—a 2.3-point enhancement compared to last year.
By Business Daily | Oct 8, 2024
Financial security plays a crucial role for victims of domestic violence when considering leaving an abusive relationship, according to the Insurance Information Institute (Triple-I). The organization highlights insurance as a vital component of financial planning that can aid survivors in moving forward.
By Business Daily | Oct 7, 2024
Florida residents are urged to complete preparations as Hurricane Milton approaches the state's west-central Gulf Coast. The Insurance Information Institute (Triple-I) reports that the hurricane, now a Category 5 storm with sustained winds of 160 mph, is expected to make landfall on Wednesday, October 9.
By Business Daily | Sep 24, 2024
Residents in Florida, Georgia, and the Carolinas are urged to finalize their preparations as Hurricane Helene approaches. The Insurance Information Institute (Triple-I) reports that the hurricane is expected to make landfall along Florida’s Gulf Coast on Thursday, September 26.
By Business Daily | Sep 23, 2024
Excess and surplus lines (E&S) have experienced growth for five consecutive years, marked by double-digit percentage increases. This trend is attributed to solid underwriting results driving operating profitability due to new risks and reduced capacity in admitted markets. These insights are part of the Insurance Information Institute’s (Triple-I) latest issues brief, "Excess and Surplus: State of the Risk."
By Business Daily | Sep 9, 2024
Residents from Texas to the Florida Panhandle should prepare for the potential impacts of Tropical Storm Francine, which is forecast to make landfall along the Northern Gulf Coast on Wednesday, Sept. 11, as a hurricane, according to the Insurance Information Institute (Triple-I).
By Business Daily | Sep 3, 2024
Artificial Intelligence (AI) promises to revolutionize how property and casualty (P&C) business gets done. As a result, P&C insurers are uniquely positioned to advance the conversation for ethical AI – not just for their own businesses, but for all businesses. How they might help establish cross-industry regulatory and technology best practices is the topic of a new report for insurers, "Pioneering Ethical AI: The Crucial Role of Property and Casualty Insurers," by the Insurance Information Institute (Triple-I), an affiliate of The Institutes, and data and AI leader SAS.
By Business Daily | Aug 20, 2024
Amica Mutual Insurance Company Joins Triple-I as Its Latest Member
By Business Daily | Aug 3, 2024
Residents of Florida and the Southeast should prepare for the potential impacts of Tropical Cyclone 4, which is forecast to become Tropical Storm Debby later on Saturday and potentially a hurricane before making landfall along Florida’s Gulf Coast on Monday, Aug. 5, according to the Insurance Information Institute (Triple-I).
By Business Daily | Jul 16, 2024
NEW YORK, July 16, 2024 – The recent rise in U.S. homeowners insurance costs has been driven by a combination of increasing natural catastrophe losses and extraordinary inflation following COVID-19, according to the Insurance Information Institute’s (Triple-I) latest Issues Brief. Triple-I also noted that legal system abuse is contributing to the cost increases.
