Insurance Information Institute

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, [email protected]       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, [email protected]   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