Insurance Information Institute

Hurricane Season Has Begun, But Are Homeowners Prepared?

For Immediate Release  New York Press Office: Loretta Worters, 917-208-8842, [email protected]      NEW YORK, June 6, 2023—The official start of the 2023 Atlantic hurricane season kicked off June 1, and is forecast to be a busy one, which is why homeo...

Posted: Jun 05, 2023

Triple-I Update: Atlantic Hurricane Season to Have ‘Near-Average’ Activity

For immediate release Florida Press Office: Mark Friedlander, 904-806-7813, [email protected]      ST. JOHNS, Fla., June 1, 2023—An updated 2023 Atlantic hurricane season forecast released today by Colorado State University (CSU) envisions a “near-averag...

Posted: May 31, 2023

Triple-I: Wildfire Preparedness Critical as Summer Nears

For immediate release West Coast Press Office: Janet Ruiz, 707-490-9365, [email protected]    HIDDEN VALLEY LAKE, Calif., May 30, 2023—The 2023 California wildfire season’s peak is expected to occur between August and November because the state’s except...

Posted: May 29, 2023

Triple-I CEO Interviewed for First Predict & Prevent Podcast

For Immediate Release New York Press Office: Michael Barry, 917-923-8245, [email protected]   NEW YORK, May 24, 2023 —The Institutes’ premiere Predict & Prevent podcast is now live and features a 30-minute interview with Sean Kevelighan, CEO, Insuranc...

Posted: May 23, 2023

Triple-I: Homeowners Can Combat Post-Disaster Fraud Schemes

For Immediate Release New York Press Office: Michael Barry, 917-923-8245, [email protected] NEW YORK, May 19, 2023 —To highlight how homeowners can protect themselves from dishonest contractors, the Insurance Information Institute (Triple-I) and the N...

Posted: May 18, 2023

Inflation, Catastrophes Contribute to 2022 Underwriting Loss for P&C Industry, New Triple-I/Milliman...

For Immediate Release Triple-I: Loretta Worters, [email protected] Milliman: Jeremy Engdahl-Johnson, [email protected]     NEW YORK – May 15, 2023 --The 2022 net combined ratio for the property/casualty insurance industry was 102.4,...

Posted: May 14, 2023

Triple-I to Mark Hurricane Preparedness Week (April 30-May 6)

For immediate release  Florida Press Office: Mark Friedlander, 904-806-7813, [email protected]       ST. JOHNS, Fla., April 27, 2023—The start of what is forecast to be a “slightly below-average” Atlantic hurricane season is weeks away and the Insurance...

Posted: Apr 26, 2023

When Lightning Strikes: How Business Can Protect Its Bottom Line

For immediate release New York Press Office: Loretta Worters, 917-208-8842; [email protected] NEW YORK, April 24, 2023—Fires resulting from lightning strikes cause 3 to 5 percent of all U.S. commercial property insurance claims, accounting cumulativel...

Posted: Apr 23, 2023

Triple-I: 2023 Atlantic Hurricane Season Forecast to be ‘Slightly Below-Average'

For immediate release Florida Press Office: Mark Friedlander, 904-806-7813, [email protected]        ST. JOHNS, Fla., April 13, 2023—A slightly below-average level of tropical cyclone activity is projected for 2023 in the Atlantic basin, according to a f...

Posted: Apr 12, 2023

Triple-I: Dog-Related Injury Claim Payouts Exceeded $1 Billion in 2022

For immediate release  California Press Office: Janet Ruiz, 707-490-9365, [email protected]     NEW YORK, April 6, 2023—U.S. insurers paid out more than $1 billion in dog-related injury claims in 2022, a double-digit percentage increase over 2021 even t...

Posted: Apr 05, 2023

Michigan’s Auto Insurance Reform Law Reducing Costs, Paper Finds

For Immediate Release New York Press Office: Michael Barry, 917-923-8245, [email protected]     NEW YORK, April 4, 2023—Michigan’s personal auto insurers are paying out less in claims and drivers are paying less in premiums since changes were made to...

Posted: Apr 03, 2023

Inflation, Catastrophes, and Geopolitical Risks Weigh on 2022 P&C Industry Results, New Triple-I/Mil...

For Immediate Release Triple-I: Loretta Worters, [email protected] Milliman: Jeremy Engdahl-Johnson, jeremy.engdahl-johnson@milliman NEW YORK – Feb. 7, 2023 – The 2022 combined ratio for the property/casualty insurance industry is forecast to be 105.8...

Posted: Feb 06, 2023

Triple-I Moderating Feb. 9 Keynote Session at Wildfire Conference

For Immediate Release Florida Press Office: Mark Friedlander, 904-806-7813, [email protected]      SAN DIEGO, Feb. 6, 2023—The Insurance Information Institute’s (Triple-I) California market expert is moderating a keynote session at the Wildfire Resilient...

Posted: Feb 05, 2023

Insurance Information Institute Releases Its 2022 Annual Report

For Immediate Release Contact: Michael Barry, 917-923-8245, [email protected]     NEW YORK, Feb. 2, 2023—The Insurance Information Institute (Triple-I) illustrates in its just-published 2022 Annual Report the organization’s accomplishments during its...

Posted: Feb 01, 2023

Triple-I: Insurance Careers Month Highlights Industry’s Opportunities

For Immediate Release New York Press Office: 917-208-8842, [email protected]   NEW YORK, Jan. 30, 2023—The federal government reports 2.8 million people in the U.S. are employed by the insurance industry and February’s annual celebration of Insurance...

Posted: Jan 29, 2023

Triple-I: Boat Show Attendees Have Coverage Options

For immediate release Michael Barry, 917-923-8245, [email protected]     NEW YORK, Jan. 23, 2023—With boat shows being held this week in Louisville, Houston and New York, the Insurance Information Institute (Triple-I) reminds prospective boat owners t...

Posted: Jan 22, 2023

Triple-I: 2023 Insurer Economic Performance Tied to Broader Trends

For Immediate Release New York Press Office: Loretta Worters, 917-208-8842, [email protected]     NEW YORK, Jan. 19, 2022—The underlying economic growth of U.S. auto, home, and business insurers is likely to increase faster than the rest of the U.S. e...

Posted: Jan 18, 2023

Triple-I: Californians Should Review Their Insurance Coverage

For immediate release West Coast Press Office: Janet Ruiz, 707-490-9365, [email protected]      SAN FRANCISCO, Jan....

Posted: Jan 11, 2023

Triple-I: Risk-Based Pricing Results in Competitive Markets

For immediate release Contact: Loretta Worters Insurance Information Institute (Triple-I), 917-208-8842, [email protected] NEW YORK, Sept....

Posted: Sep 12, 2022

Triple-I CEO Moderating Sept. 22 Panel on Flood Risk Mitigation

Contact: Michael Barry, Insurance Information Institute (Triple-I), 917-923-8245, [email protected] NEW YORK, Sept. 8, 2022—Sean Kevelighan, CEO, Insurance Information Institute (Triple-I), is moderating a panel featuring four industry experts on Thur...

Posted: Sep 07, 2022

Triple-I: Life Expectancy Decline Highlights Need for Life Insurance; Americans are Living Riskier

For immediate release  Michael Barry, 917-923-8245, [email protected]     NEW YORK, Sept. 1, 2022—U.S. life expectancy at birth dropped in 2021 to its lowest level since 1996 according to new federal data released this week, another reason Americans w...

Posted: Aug 31, 2022

Inflation, Supply Chain Disruption and Political Risk Impacting Personal Auto; Loss Pressures, Hard...

For Immediate Release Triple-I: Loretta Worters, [email protected] Milliman: Jeremy Engdahl-Johnson, jeremy.engdahl-johnson@milliman       NEW YORK – Aug. 11, 2022 – The 2022 combined ratio for the property/casualty insurance industry is forecast to b...

Posted: Aug 10, 2022

Triple-I: Florida’s Homeowners Insurers Are Facing Multiple Crises

For immediate release Mark Friedlander, Triple-I, 904-806-7813, [email protected]     ST. JOHNS, Fla., Aug. 9, 2022—The turmoil in Florida’s homeowners insurance market is being caused primarily by the state’s outsized number of lawsuits and its commonpl...

Posted: Aug 08, 2022

Triple-I: Fewer Storms Forecast, but ‘Above-Average’ Hurricane Activity Expected

For immediate release Florida Press Office: Mark Friedlander, 904-806-7813, [email protected]        ST. JOHNS, Fla., Aug. 4, 2022—An updated 2022 Atlantic hurricane season forecast released today by Colorado State University (CSU) slightly reduced the p...

Posted: Aug 03, 2022

Triple-I Appoints Sondra Fry Benoudiz to Oversee Membership

  For Immediate Release: Michael Barry, 917-923-8245, [email protected]     ARLINGTON, Va., July 28, 2022—Sondra Fry Benoudiz has been named Head of Member Experience & Business Development at the Insurance Information Institute (Triple-I) and started...

Posted: Jul 27, 2022