Insurance Information Institute

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

Triple-I: Investors Fund Lawsuits Without Disclosing Their Role

For Immediate Release Michael Barry, 917-923-8245, [email protected]   NEW YORK, July 27, 2022—Investors with no stake in a lawsuit beyond wanting to profit from its outcome are contributing to the growth of insurer legal costs and settlement payouts,...

Posted: Jul 26, 2022

Triple-I: Population Growth Drives Hurricane Loss Trends

For immediate release  New York Press Office: Michael Barry, 917-923-8245, [email protected] NEW YORK, July 14, 2022—Florida, South Carolina, Georgia, and Delaware saw population growth in the 2010s that dramatically expanded the property damage a hur...

Posted: Jul 13, 2022

Triple-I: Consider Safety When Celebrating July 4

For Immediate Release New York Press Office: Loretta Worters, 917-208-8842, [email protected]     NEW YORK, June 30, 2022– Independence Day often means fireworks, barbeques, and poolside parties yet these holiday celebrations create risks which need t...

Posted: Jun 29, 2022

Triple-I: Extreme Fraud and Litigation Causing Florida’s Homeowners Insurance Market’s Demise

For immediate release Florida Press Office: Mark Friedlander, 904-806-7813, [email protected]      ST. JOHNS, Fla., June 23, 2022—With its overabundance of unneeded new roofs on homes, and flashy lawyer billboards at every turn claiming massive settlemen...

Posted: Jun 22, 2022

Triple-I: Lightning Caused $1.3 Billion In U.S. Homeowners Claim Payouts In 2021; Supply Chain Issue...

  FOR IMMEDIATE RELEASE New York Press Office: Loretta Worters, 917-208-8842; [email protected]      NEW YORK, June 21, 2022—More than $1 billion in lightning-caused U.S....

Posted: Jun 20, 2022

U.S. Insurers Lead Way on Climate-Related Disclosures, Triple-I Tells SEC

For immediate release Michael Barry, 917-923-8245, [email protected]     NEW YORK, June 17, 2022—Creating a new layer of federal oversight would neither enhance nor standardize the climate-related disclosures U.S. insurers make to investors, the Insur...

Posted: Jun 16, 2022

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

For immediate release Florida Press Office: Mark Friedlander, 904-806-7813, [email protected]     ST. JOHNS, Fla., June 2, 2022—An updated 2022 Atlantic hurricane season forecast released today by Colorado State University (CSU) envisions a “well above-a...

Posted: Jun 01, 2022

Triple-I Can Discuss Insurance Coverage for Severe Weather Events

  For immediate release Michael Barry, 917-923-8245, [email protected]     NEW YORK, June 1, 2022—Reporters covering the severe weather impacting multiple U.S....

Posted: May 31, 2022

Triple-I Offers Tips to Homeowners Seeking a Reputable Contractor

FOR IMMEDIATE RELEASE New York Press Office: Loretta Worters, 917-208-8842; [email protected]  NEW YORK, May 20, 2022 —To highlight how homeowners can protect themselves from unethical contractors, the Insurance Information Institute (Triple-I) and th...

Posted: May 19, 2022

Triple-I Joining May 19 Panel on Fla.’s Property Insurance Market

For immediate release  New York Press Office: Michael Barry, 917, 923-8245, [email protected]   St. JOHNS, Fla., May 17, 2022—The Insurance Information Institute’s (Triple-I) Mark Friedlander will join two other industry experts to discuss on Thursday...

Posted: May 16, 2022

Expect Loss Pressures to Continue in the P&C Industry Due to Inflation, Supply Chain and Riskier Dri...

For Immediate Release Triple-I: Loretta Worters, [email protected] Milliman: Jeremy Engdahl-Johnson, jeremy.engdahl-johnson@milliman   NEW YORK, May 12, 2022—The property/casualty insurance industry saw the 2021 net combined ratio increase to 99.5, 0....

Posted: May 11, 2022