Insurance Information Institute

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

Triple-I: New Mexico’s Wildfires Highlight Need for Preparedness

For immediate release  Western Press Office: Janet Ruiz, 707-490-9365, [email protected]       NEW YORK, May 10, 2022—President Joseph Biden’s approval last week of a major disaster declaration for New Mexico gave new urgency to the importance of May’s...

Posted: May 09, 2022

Triple-I Video: Businesses Must Take Steps to Mitigate Their Cyber Risks

FOR IMMEDIATE RELEASE New York Press Office: Loretta Worters, 917-208-8842; [email protected]      NEW YORK, May 4, 2022 —Cyber insurance provides robust financial protection to businesses if they incur a data breach and is an essential part of any ri...

Posted: May 03, 2022

Triple-I to Mark Hurricane Preparedness Week (May 1-7)

For immediate release  Florida Press Office: Mark Friedlander, 904-806-7813, [email protected]    ST. JOHNS, Fla., April 28, 2022 – The start of what is forecast to be another “above-normal” Atlantic hurricane season is weeks away and the Insurance Infor...

Posted: Apr 27, 2022

Triple-I: Wildfire Evacuees Should Review Their Insurance Coverage

  For immediate release  Western Press Office: Janet Ruiz, 707-490-9365, [email protected]       NEW YORK, April 26, 2022—Wildfire evacuees in Arizona, Colorado, Nebraska and New Mexico who are either displaced or returning home should review their home...

Posted: Apr 25, 2022

Triple-I CEO’s April 19 Panel to Examine Climate Risk and Resilience

  For immediate release Florida Press Office: Mark Friedlander, 904-806-7813, [email protected]   NEW YORK, April 18, 2022—Sean Kevelighan, CEO, Insurance Information Institute (Triple-I) is one of three panelists convening virtually on Tuesday, April 19...

Posted: Apr 17, 2022

Triple-I: U.S. Home Insurers Paid Out Nearly $900M in Dog-Related Claims in 2021

FOR IMMEDIATE RELEASE New York Press Office: Loretta Worters, 917-208-8842; [email protected]    NEW YORK, April 12, 2022 — Dog bites and other dog-related injuries accounted for more than one-third of all homeowners liability claim dollars paid out i...

Posted: Apr 11, 2022

National Dog Bite Prevention Week Kicks Off with Facebook Live Event Today

FOR IMMEDIATE RELEASE  Triple-I’s California Press Office: Janet Ruiz, 707-490-9365, [email protected]      Media Advisory:      SAN FRANCISCO, Calif., April 11, 2022—The Insurance Information Institute (Triple-I) will participate in a Facebook Live eve...

Posted: Apr 10, 2022

Triple-I: 2022 Atlantic Hurricane Season Forecast to be ‘Above-Normal’

For immediate release Florida Press Office: Mark Friedlander, 904-806-7813, [email protected]     ST. JOHNS, Fla., April 7, 2022 – An above-normal level of tropical cyclone activity is projected for 2022 in the Atlantic basin, according to a forecast rel...

Posted: Apr 06, 2022

Americans Over 50 Drive Economic Growth, AARP and Triple-I Agree

For immediate releaseNew York Press Office: Loretta Worters, 917-208-8842; [email protected]   NEW YORK, March 29, 2022— Americans aged 50-plus play a significant role in the U.S. economy as workers and consumers yet their collective impact is often o...

Posted: Mar 28, 2022

Triple-I Headlining March 22-23 Forums on Rising Litigation Costs

For immediate release New York Press Office: Michael Barry, 917-923-8245, [email protected]   NEW YORK, March 21, 2022—Sean Kevelighan, CEO, Insurance Information Institute (Triple-I) and Dale Porfilio, Chief Insurance Officer, Triple-I, are speaking...

Posted: Mar 20, 2022

Triple-I: Spring Is Ideal Time to Review Home Insurance Coverage

For immediate releaseNew York Press Office: Michael Barry, 917-923-8245, [email protected]     NEW YORK, March 16, 2022—The first few days of spring are a good time for homeowners to review their insurance policy’s coverages given the severe weather t...

Posted: Mar 15, 2022

Triple-I: U.S. Auto Insurers Seeing More Accidents, Higher Costs

For immediate releaseNew York Press Office: Michael Barry, 917-923-8245, [email protected]     NEW YORK, March 3, 2022—Personal auto insurance premiums have returned to pre-pandemic levels and existing trends are putting upward pressure on rates, acco...

Posted: Mar 02, 2022

USAA’s Jennifer Kyung Elected Triple-I Committee Chair

For immediate releaseNew York Press Office: Michael Barry, 917-923-8245, [email protected]     NEW YORK, March 1, 2022 –Jennifer Kyung, Property & Casualty (P&C) Chief Underwriter, USAA, has been elected to a two-year term as chairwoman of the Insuran...

Posted: Feb 28, 2022

Triple-I Speaking at National Legislative Conference on March 4-5

For immediate releaseNew York Press Office: Michael Barry, 917-923-8245, [email protected]   NEW YORK, Feb. 28, 2022—Sean Kevelighan, CEO, Insurance Information Institute (Triple-I) and Dr....

Posted: Feb 27, 2022