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1 week ago | 
insuranceindustryblog.iii.org | Jeff Dunsavage
By Lewis Nibbelin, Contributing Writer, Triple-IInsurance industry executives and thought leaders gathered yesterday for Triple-I’s Joint Industry Forum (JIF) in Chicago to discuss the trends, economics, geopolitics, and policy influencing the market today, as well as ways to navigate these complexities while focusing on making their products affordable and available for consumers.
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1 week ago | 
insuranceindustryblog.iii.org | Jeff Dunsavage
As the insurance industry grapples with retirements and the challenge of attracting talent, forward-thinking insurers are finding success by combining traditional mentorship with cutting-edge technology, according to Triple-I’s latest Executive Exchange. The “Ascend” Approach to Talent DevelopmentDavid Corry, who heads Casualty for Argo Group, told Triple-I CEO Sean Kevelighan that the company’s “Ascend with Argo” program offers a blueprint for effective talent recruitment and retention.
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2 weeks ago | 
insuranceindustryblog.iii.org | Jeff Dunsavage
By William Nibbelin, Senior Research Actuary, Triple-IThe U.S. personal auto insurance industry saw a significant turnaround in 2024, achieving its best underwriting result since the pandemic began, according to Triple-I’s latest Issues Brief. In fact, with a net combined ratio of 95.3, personal auto insurance has outperformed the broader property and casualty (P/C) insurance industry in terms of underwriting profitability for 10 out of the last 20 years.
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2 weeks ago | 
insuranceindustryblog.iii.org | Jeff Dunsavage
Rising natural disaster costs, increased home repair expenses, and legal system challenges have made homeowners’ insurance significantly less affordable across the United States over the past two decades, according to new research from the Insurance Research Council. The trend shows no signs of slowing. The financial burden of protecting one’s home has grown substantially.
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2 weeks ago | 
insuranceindustryblog.iii.org | Jeff Dunsavage
By Sayon Deb, Director of Insights, UL Standards & EngagementIn just five years, lithium-ion battery fires linked to e-mobility devices have evolved from a fringe risk into a mainstream safety and liability crisis – particularly in dense urban areas, like New York City, where adoption of these devices has outpaced regulatory safeguards.
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3 weeks ago | 
insuranceindustryblog.iii.org | Jeff Dunsavage
By Loretta L. Worters, Vice President, Media Relations, Triple-IVacant homes often carry more risk than meets the eye. From burst pipes and property theft to liability and squatter intrusion, a home left unoccupied for an extended period is exposed to a unique set of hazards, many of which may not be covered by a standard homeowners’ insurance policy. Consider a recent case involving a homeowner who inherited a family property located several states away.
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3 weeks ago | 
insuranceindustryblog.iii.org | Jeff Dunsavage
By Loretta L. Worters, Vice President, Media Relations, Triple-IYour roof is more than just a covering over your head. It’s the first line of defense against nature’s most powerful forces. During National Roof Awareness Week (June 1-7), we spotlight the critical role roofs play in protecting homes, businesses, and communities from severe weather (see infographic) and why building stronger, smarter roofs today is essential for reducing damage and insurance claims tomorrow.
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1 month ago | 
insuranceindustryblog.iii.org | Jeff Dunsavage
A study by the Alabama Department of Insurance, in collaboration with the University of Alabama Center for Insurance Information and Research, shows that widespread adoption of IBHS FORTIFIED construction standards could dramatically reduce insurance claims from hurricanes, while also encouraging property/casualty insurers to maintain coverage in high-risk areas.
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1 month ago | 
insuranceindustryblog.iii.org | Jeff Dunsavage
Tornado activity in 2025 has surged, with more than 1,000 reported tornadoes as of May 28 and outbreaks spreading across nearly every state east of the Rockies this season, according to according to the NOAA Storm Prediction Center. Researchers have highlighted a shift in both the timing and geography of tornadoes, raising new safety concerns for communities outside the traditional Tornado Alley states.
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1 month ago | 
insuranceindustryblog.iii.org | Jeff Dunsavage
Louisiana’s Senate passed five tort reform bills last week to curb legal system abuse driven by billboard attorneys in the Pelican State. The legislative success represents the culmination of sustained advocacy efforts – including a Triple-I-backed awareness campaign, StopLegalSystemAbuse.org – to build public support. The new legislation addresses Louisiana’s longstanding challenges with high insurance premiums and the state’s reputation for being plaintiff-friendly in civil litigation.
