Insurance Information Institute

Cannabis Use Among Drivers in Fatal Crashes in Washington State Before and After Legalization. . . 01/01/2020. Page N/A.
Cannabis Use Among Drivers in Fatal Crashes in Washington State Before and After Legalization. . . 0...

This study shows that the percentage of drivers in Washington state involved in fatal crashes who tested positive for marijuana increased 100 percent five years after the state made the drug legal for recreational use. The study considered the presen...

Posted: Jan 30, 2020

The Joint Industry Forum Discusses the Push for Greater Inclusiveness

By Max Dorfman, Research Writer

Posted: Jan 24, 2020

JIF Insights: Cowbell CEO On Simplifying Cyber For Smaller Firms

At Triple-I’s Joint Industry Forum last week, I had the opportunity to meet with Jack Kudale, CEO and founder of Cowbell Cyber, and learn more about how the...

Posted: Jan 22, 2020

Surface Pressure a More Skillful Predictor of Normalized Hurricane Damage than Maximum Sustained Win...

Atlantic hurricane seasons have a long history of causing significant financial impacts, with Harvey, Irma, Maria, Florence, and Michael combining to incur more than $345 billion in direct economic damage during 2017-2018. While Michael’s damage was...

Posted: Jan 21, 2020

JIF 2020 Crystal Ball

My first Triple-I Joint Industry Forum (JIF) did not disappoint. Between panel discussions and conversations with thou...

Posted: Jan 17, 2020

Recreational cannabis impairs driving even when driver not high: Harvard research
Recreational cannabis impairs driving even when driver not high: Harvard research

A study published in the journal Drug and Alcohol Dependence suggests that chronic, heavy use of recreational marijuana impairs driving skills even when the driver is not high. The researchers used a driving simulator to evaluate the potential impact...

Posted: Jan 15, 2020

FAU Research Reveals Internet Crime Becoming More Sophisticated
FAU Research Reveals Internet Crime Becoming More Sophisticated

This report finds that internet crimes are becoming more sophisticated and persistent in Florida and several of America’s other most populous states, including California, New York and Texas. The report states that California had the largest victim l...

Posted: Jan 15, 2020

The Global Risks Report 2020
The Global Risks Report 2020

For the first time in the history of this survey all top five global risks in terms of likelihood are environmental. The report sounds the alarm about: extreme weather events with major damage to property, infrastructure and loss of human life; failu...

Posted: Jan 14, 2020

Tropical cyclones causing billions in losses dominate nat cat picture of 2019

This year-end recap found that global natural catastrophe insured losses were $52 billion in 2019, down from $80 billion in 2018. Severe tropical storms were the predominant cause of these losses. Typhoons Faxai and Hagibis in Japan were the costlies...

Posted: Dec 31, 2019

Weather, Climate & Catastrophe Insight: 2019 Annual Report
Weather, Climate & Catastrophe Insight: 2019 Annual Report

This report shows that a new record was set over the last decade for economic damage and insured losses. Aon said that between 2010 and 2019, global economies lost $2.98 trillion, $1.19 trillion more than during the previous decade. Payouts in the U....

Posted: Dec 31, 2019

Allianz Risk Barometer 2020
Allianz Risk Barometer 2020

Cyber incidents ranked as the top risk for the first time, according to this annual survey of global business risk, with 39 percent of respondents naming this risk as their top concern. Seven years ago, cyber incidents ranked 15th on the list of top...

Posted: Dec 31, 2019

2019 U.S. insurtech market report

This report details how digital agencies are the new hotspot for investor capital in the U.S. insurtech space. The report contends that tech-driven approaches to insurance distribution tend to be less capital-intensive than other insurtech models, si...

Posted: Dec 31, 2019

Cost Trends and Affordability of Automobile Insurance in the U.S.

Although the price of auto insurance has risen sharply over the years, the main driver is loss costs, not insurer profits. The study found that auto insurance is not a greater burden on low-income people vs. others with more income. As a percentage o...

Posted: Dec 31, 2019

Cyber Risk and the U.S. Financial System: A Pre-Mortem Analysis

The Federal Reserve Bank of New York modeled how a cyberattack could spread through the U.S. financial system, focusing on the wholesale payments network. The report estimates that the impairment of any of the five most active U.S. banks will result...

Posted: Dec 31, 2019

Drug overdose deaths in the United States, 1999-2018

This report examines the most recent data from the National Vital Statistics System and provides an update on trends in deaths from overdoses of all drugs and for specific drugs. The report also tracks these changes by state from 2017 to 2018. Multip...

Posted: Dec 31, 2019

Cannabis Use Among Drivers in Fatal Crashes in Washington State Before and After Legalization

This study shows that the percentage of drivers in Washington state involved in fatal crashes who tested positive for marijuana increased 100 percent five years after the state made the drug legal for recreational use. The study considered the presen...

Posted: Dec 31, 2019

Atmospheric Rivers Drive Western U.S. Flood Damages
Atmospheric Rivers Drive Western U.S. Flood Damages

Atmospheric rivers accounted for 84 percent of flood damages, or $42.6 billion, across the western United States from 1978-2017, according to this study, based on an analysis of 40 years of National Flood Insurance Program data. Not only were atmosph...

Posted: Nov 30, 2019

California fires: Building resilience from the ashes
California fires: Building resilience from the ashes

This report by Zurich North America, in collaboration with DuPont and the nonprofit Institute for Social and Environmental Transition (ISET-International), examines the ever-increasing risk of wildfires in California. Fires are becoming more frequent...

Posted: Nov 30, 2019

The insurance switch: Technology will reshape operations
The insurance switch: Technology will reshape operations

This report states that although insurance companies’ technology and operations functions have traditionally operated autonomously, the relationship between the two is changing. The report notes that insurers are allocating more resources to technolo...

Posted: Nov 30, 2019