Browsing: TripleI
Reforms put in place in 2024 are a positive move toward repairing Louisiana’s insurance market, which has long suffered from excessive claims litigation and attorney involvement…
Triple-I expects the pace of increase in average property/casualty insurance replacement costs to exceed increases in the consumer price index in 2025 and beyond as auto replacement costs rise for…
For insurers, “customer” is one word that encompasses individual policyholders, business owners, risk managers, agents and brokers, and others, all with different (often divergent) priorities. For…
By Michael Menapace, Esq., Wiggin and Dana LLP When I first wrote here about insurance coverage related to cryptocurrency theft, I discussed whether these digital assets were…
While the perception of overall severe weather risks varies significantly by region, 65 percent of the participants nationwide believed their home is at risk from thunderstorms,…
By Lewis Nibbelin, Contributing Writer, Triple-I Identifying opportunities to mitigate climate risk was on the minds of “Risk Take” presenters at Triple-I’s 2024 Joint Industry Forum…
By Lewis Nibbelin, Contributing Writer, Triple-I From “social inflation” to “tort reform” to, simply, “fraud,” settling upon uniform terminology to describe litigation trends that drive up costs…
By Lewis Nibbelin, Contributing Writer, Triple-I The efficacy of collaboration and investment by “co-beneficiaries” in resilience initiatives was a dominant theme throughout Triple-I’s 2024 Joint Industry Forum…
By Lewis Nibbelin, Contributing Writer, Triple-I Technological innovations — particularly generative AI — are revolutionizing insurance operations and risk management more quickly than the industry can…
California’s Department of Insurance last week posted long-awaited rules that remove obstacles to profitably underwriting coverage in the wildfire-prone state. Among other things, the new rules…