Insurance Information Institute
By Max Dorfman, Research Writer, Insurance Information Institute
Posted: Feb 04, 2020
This report warns organizations that any digital channel can be the source of cyberrisk. The report identifies six non-standard areas of concern that organizations must give attention to: intellectual property, mergers & acquisitions (M&A), retiremen...
Posted: Jan 31, 2020
According to CoreLogic’s report, 2019 was the seventh year in the last decade when 10 or more weather and climate disasters exceeding $1 billion were recorded. Notable 2019 catastrophes included: hail and flash flooding in Houston; an EF4 tornado in...
Posted: Jan 31, 2020
This analysis of the performance of mutual property/casualty insurers is the second from the National Association of Mutual Insurance Companies (NAMIC) and updates some of the principal metrics in comparisons of the operating performance of mutual an...
Posted: Jan 31, 2020
This report advises businesses on how to respond to the spread of contagions by taking two steps. First, organizations should establish preparedness strategies that include emergency response, business continuity, crisis management and crisis communi...
Posted: Jan 30, 2020
Posted: Jan 30, 2020
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
Posted: Jan 28, 2020
Posted: Jan 27, 2020
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Posted: Jan 25, 2020
By Max Dorfman, Research Writer
Posted: Jan 24, 2020
Posted: Jan 23, 2020
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
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
My first Triple-I Joint Industry Forum (JIF) did not disappoint. Between panel discussions and conversations with thou...
Posted: Jan 17, 2020
Posted: Jan 17, 2020
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
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
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
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
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
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
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
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