Insurance Information Institute

Recession, Pandemic to Impact P/C Underwriting Results, New Report Shows

The COVID-19 pandemic and the recession it started will result in no premium growth for 2020 and a deteriorated combined ratio for the property/casualty industry, according to the new report, Insurance Information Institute (Triple-I) / Millim...

Posted: Aug 13, 2020

Business Interruption vs. Event Cancellation: What’s the Big Difference?

As I’ve written previously, the question of whether business interruption provisions in commercial property insurance apply to COVID-19-r...

Posted: Aug 12, 2020

Employment litigation post COVID-19 & other class action developments

This article addresses the changes that the pandemic can be expected to bring to employment litigation and jury trials. The article summarizes the factors that may influence jurors’ sympathies for employers and employees and outlines recent legal dev...

Posted: Aug 11, 2020

Machine intelligence in insurance: Insights for end-to-end enterprise transformation

This report discusses the significant revenues and cost savings that many industries have attained by using machine intelligence (MI), which has become widely used. MI has helped insurers attain higher returns through improved customer analytics and...

Posted: Aug 11, 2020

Additional Insureds: How Policy Language Can Create Dramatic Consequences

By John Novaria, Managing Director, Amplify

Posted: Aug 10, 2020

I.I.I. Media Tour: What You Need to Know and Do as Hurricane Season Peaks

The Insurance Information Institute (Triple-I), along with Colorado State University’s atmospheric research scientist Dr. Phil Klotzbach, will be conducting...

Posted: Aug 10, 2020

Legislatures AdvanceCOVID-19-related Bills

As states struggle to identify the best ways to reopen their economies, agencies, and schools from the coronavirus-related lockdown, legislatures have been moving forward legislation to protect them and the people they employ. V...

Posted: Aug 07, 2020

Isaias update: August 4, 2020

Posted: Aug 04, 2020

Isaias update: August 3, 2020

Posted: Aug 03, 2020

Natural Hazards Mitigation Saves Lives

Disaster liability costs in the U.S. now total $100 billion each year, and the costs are increasing at an annual rate of 6 percent, 10 times more than the population growth. This report indicates that pre-disaster mitigation can produce savings that...

Posted: Jul 31, 2020

Countrywide mega claims

Mega claims are a relatively infrequent, highly unpredictable component of most workers compensation systems, with total costs between $1 billion and $2 billion each year. This study attempts to identify whether mega claims (defined as claims with in...

Posted: Jul 31, 2020

Potential Tropical Cyclone 9 impacts likely in Puerto Rico, Florida

The current record for earliest 10th Atlantic named storm formation is August 22 (when Jose formed in 2005).

Posted: Jul 30, 2020

Insurance Careers Corner: Q&A with Rahel Abraham, ClimaGuard

By Kris Maccini, Social Media Director, Triple-I Triple-I’s “Insurance Careers Corner” series was created to highlight trailblazers in the insurance industry and to spread awareness on the career opportunities w...

Posted: Jul 29, 2020

Triple-I Chief Economist: P/C Industry Strong, Despite Surplus Drop

Despite its largest-ever quarterly decline in policyholder surplus, the property/casua...

Posted: Jul 29, 2020

2020 - Commentary on first quarter financial results

2020 first-quarter data in comparison to both the previous quarter and the first quarters of prior years, gave little hint of the shock that was to follow in 2020's second quarter. Indeed, for the property/casualty insurance industry, the first quart...

Posted: Jul 27, 2020