Insurance Information Institute
By Dr. Steven Weisbart, Chief Economist, Insurance Information Institute The
Posted: Jun 05, 2020
Posted: Jun 04, 2020
The 2020 Atlantic hurricane season activity is projected to be "well above average,” according to Triple-I non-resident scholar Dr. Phil Klotzbach. Dr. Klotzbach, an atmospheric scientist at Colorado State University (CSU), and his team issued an upd...
Posted: Jun 03, 2020
This study warns that autonomous vehicles (AVs) would probably prevent only one-third of all vehicle crashes. About 94 percent of crashes occur because of driver error, but AVs will still crash if they make the same mistakes as humans. This study hig...
Posted: Jun 03, 2020
Riots across the U.S. and the subsequent damage to thousands of businesses have many business owners askin...
Posted: Jun 03, 2020
“Social inflation” is the name used to describe growth in liability risks and costs related to litigation trends. A new white paper by the Insurance Research C...
Posted: Jun 02, 2020
“Social inflation” is the name used to describe growth in liability risks and costs related to litigation trends. This whitepaper by the Insurance Research Council (IRC) examines this phenomenon and shows that insurers’ losses across several business...
Posted: May 31, 2020
Posted: May 29, 2020
On May 21 the National Oceanic and Atmospheric Administration (NOAA) issued its official pre-season forecast, which predicts a season with above average activity, with 13 to 19 named storms and three to five major hurricanes. This latest annual CoreL...
Posted: May 28, 2020
Measuring and forecasting inflation is important in setting premiums and anticipating claims. Historically, recessions tend to drive prices down, but that’s not necessarily true for insurance. This presentation by Triple-I Chief Economi...
Posted: May 27, 2020
This risk bulletin concludes that restrictions on supply chains and travel related to COVID-19 could have a serious impact on the maritime industry. The pandemic has idled many ships that are facing new risks as they are anchored at a fixed location...
Posted: May 27, 2020
Wildfire risks have increased worldwide and the assessment of wildfire risk for property insurance is complex and depends on many fields of expertise, such as large-scale data and analytics and scientific measurements of wildland fuels. The report pr...
Posted: May 26, 2020
Posted: May 26, 2020
Measuring and forecasting inflation is important in setting premiums and anticipating claims. Historically, recessions tend to drive prices down, but that's not necessarily true for insurance. This presentation by Triple-I Chief Economist Dr. Steven...
Posted: May 25, 2020
Posted: May 21, 2020
Posted: May 21, 2020
Posted: May 21, 2020
From new litigation to proposed legislation, debate over whether insurers should be required to pay for business losses related to the coronavirus pandemic remain in the news. Restaurants Sue Insurers Over Business Interruption...
Posted: May 21, 2020
COVID-19 has changed many aspects of our lives, so it isn’t surprising to see life insurance markets affected. But some stories create false impressions that should be corrected. The story that some life insurers are writing fewer polici...
Posted: May 19, 2020
The world's top risk experts expect that a prolonged global recession is likely due to the coronavirus pandemic, according to this report. The fundamental unpreparedness of nations for pandemics is clear and shortcomings are also obvious in economic...
Posted: May 18, 2020
On May 18 the Insurance Information Institute (Triple-I) announced the launch of the Future of American Insurance & Reinsurance (FAIR) campaign. FAIR will focus on ensuring the insurance industry is able to su...
Posted: May 18, 2020
According to the report, money has become the top focus for cyberbreaches, surpassing spying. The annual study of cybercrimes, which utilized data from more than 32,000 incidents and nearly 4,000 confirmed break-ins in 81 countries, found that approx...
Posted: May 17, 2020
Triple-I’s “Insurance Careers Corner” series was created to highlight trailblazers in insurance and to spread awareness of the career opportunities within the industry. This month Kris Maccini, director, social media, Triple-I, in...
Posted: May 15, 2020