Triple-I: Homeowners Insurance

MARCH 4, 2025

Floridas legislative reforms to address claim fraud and legal system abuse are stabilizing the states property/casualty insurance market, according to the latest Triple-I Issues Brief. In addition, the brief says, the number of insurers writing business in the state has rebounded after a multi-year exodus.

Premium 52

Premium Auto Insurance Claim Property Insurance 52

Triple-I: Homeowners Insurance

DECEMBER 3, 2024

As we’re trying to raise awareness of this problem with consumers, ‘social inflation’ doesn’t work,” said discussion moderator and Triple-I’s Chief Insurance Officer Dale Porfilio. Secrecy surrounding TPLF prevents insurers and regulators from identifying, let alone mitigating, the risks of increased costs and time to resolve claims disputes.

Out-Of-Pocket 65

Out-Of-Pocket Broker-Agent Premium Claim 65

Triple-I: Business Insurance

AUGUST 11, 2022

The property & casualty insurance industry’s combined ratio – an indicator of underwriting profitability – is forecast at 100.7 Combined ratio represents the difference between claims and expenses paid and premiums collected by insurers. for 2022, up 1.2 We forecast 2022 P&C premium growth of 8.5 percent,” Porfilio said.

Underwriting 40

Underwriting Underwriter Workers Compensation Premium 40

Majesco

APRIL 11, 2024

Most insurers are in a sort of pressure-cooker situation where challenges are creating pressure and good decisions need to be made. I recently asked three of my creative and respected colleagues to share insights on how insurers might respond. For the full conversation, see 2024 Trends Reshaping the Insurance Business — Are You Ready?

Commercial Property 40

Commercial Property Risk Claim Deductible 40

Redbird Agents

JULY 9, 2024

I’ve heard more than once the misconception that selling insurance is easy. If selling insurance was so easy, then why is it that roughly 10 percent of the independent insurance agents generate the vast majority of the sales? Why Do Insurance Agents Fail? Statistics from the insurance industry reveal a different story.

Insurance Agent 130

Insurance Agent Insurance Agents Agents Broker-Agent 130

Triple-I: Homeowners Insurance

SEPTEMBER 24, 2024

The Casualty Actuarial Society (CAS) has added to its growing body of research to help actuaries detect and address potential bias in property/casualty insurance pricing with four new reports. Most said they believe the burden should be on the insurers to detect and test their models for potential algorithmic bias.

Risk 59

Risk Casualty Insurance Policyholder Premium 59

Hunton Andrews Kurth

JULY 16, 2021

In Discover Property & Casualty Insurance Co. The Blue Bell suit is interesting, not because the insurers denied coverage, but because the policyholder sought coverage for a derivative lawsuit against the company’s officers and directors under a commercial general liability policy several years after the suit was initially filed.

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General Liability Commercial General Liability Liability Injury 52

Triple-I: Homeowners Insurance

MARCH 13, 2025

Property and casualty insurers are no less concerned, as the cost of repairing and replacing damaged property is a driver of claim costs and, ultimately, policyholder premiums. Learn More: Tariffs and Insurance full video (Members Only) Insurance Economic Outlook (Members Only)

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Casualty Insurance Insurance Insurer Insured 65