Insurance Information Institute

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

2020 FireLine Risk Reports

Verisk has released updated 2020 FireLine Risk Reports that provide statistical snapshots of the wildfire risks for Arizona, California and Colorado. Each report includes the FireLine wildfire hazards map that is color-coded to show areas in the stat...

Posted: Jul 20, 2020

Motor vehicle fatality rates rose 23.5 percent in May, despite quarantines

Preliminary estimates from the National Safety Council show that the motor vehicle fatality rate per mile driven increased by a stunning 23.5 percent in May 2020 compared to the previous year. Due to the pandemic the number of miles driven in May dro...

Posted: Jul 20, 2020

COVID-19 and Shipping Risk

Posted: Jul 20, 2020