Insurance Journal

MAY 6, 2025

Louisiana Insurance Commissioner Tim Temple sent out an announcement this week to all property and casualty insurance companies notifying of a statue that requires insurers to disclose all available discounts that could lead to reduced premiums for current or prospective …

Insurance Companies 147

Insurance Companies Casualty Insurance Premium Insurer 147

Insurance Journal

JANUARY 28, 2025

billion boost in its casualty insurance reserves. The company, which writes more than twice as much reinsurance premium as insurance premium, … Everest Group preannounced full-year 2024 earnings yesterday, disclosing about a 45% drop in net income attributable to a $1.7

Casualty Insurance 195

Casualty Insurance Premium Insurer Insured 195

Zywave

MARCH 3, 2025

The casualty insurance market is currently experiencing unprecedented volatility, with significant pricing fluctuations and escalating loss costs becoming the norm. And when you take into consideration that Direct Premiums Written (DPW) increased by 2.0%

Casualty Insurance 52

Casualty Insurance Policyholder Liability General Liability 52

Triple-I: Workers Compensation

FEBRUARY 14, 2025

By William Nibbelin, Senior Research Actuary, Triple-I The workers compensation insurance industry experienced its second-best underwriting result in the past 20 years in 2023, with a net combined ratio of 87, according to Triple-Is latest Issues Brief. A combined ratio under 100 indicates a profit. A ratio above 100 indicates a loss.

Workers Comp 40

Workers Comp Premium Workers Compensation Workers Compensation Insurance 40

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 Claim Auto Insurance Property Insurance 52

Triple-I: Homeowners Insurance

MAY 8, 2024

Legislative reforms put in place in 2022 and early 2023 to address legal system abuse and assignment-of-benefits claim fraud in Florida are beginning to help the state’s property/casualty insurance market recover from its crisis of recent years, according to a new Triple-I Issues Brief. With only 15 percent of U.S.

Premium 52

Premium Insurer Insured Insurance 52

Neilson Marketing Services

OCTOBER 23, 2024

The insurance distribution landscape is changing more quickly than ever before. While new tech is reshaping how insurance is bought and sold, one of the biggest challenges remains unchanged—effective distribution. The Landscape: Why Access to Independent Agencies Matters There are more than 200,000 insurance agencies in the U.S.,

Broker-Agent 105

Broker-Agent Premium Agents Insurance Agency 105

Triple-I: Homeowners Insurance

OCTOBER 10, 2024

property and casualty insurance industry experienced better-than-expected economic and underwriting results in the first half of 2024, according to the latest forecasting report by Triple-I and Milliman. Much of the overall underwriting gain was due to growth in personal lines net premiums written. represented a 2.3-points

Commercial 68

Commercial Underwriter Underwriting General Liability 68

Triple-I: Workers Compensation

FEBRUARY 10, 2022

Despite early “dire estimates” of how the COVID-19 pandemic might affect the workers compensation insurance sector, the system has proved to be resilient, according to Bill Donnell, president and CEO of the National Council on Compensation Insurance (NCCI). Workers comp plays a critical role in the U.S.

Workers Comp 52

Workers Comp Workers Compensation Workers Compensation Insurance Compensation 52

Triple-I: Homeowners Insurance

DECEMBER 5, 2024

By Lewis Nibbelin, Contributing Writer, Triple-I Natural catastrophe perils rising frequency and severity may be impossible to fully abate, but Nationwide Property & Casualty Insurance Co. President and CEO Mark Berven believes modern building codes could dramatically reduce their costly destructiveness. “The U.S.

Building 64

Building Risk Casualty Insurance Premium 64

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 64

Out-Of-Pocket Broker-Agent Premium Claim 64

Agency MVP

DECEMBER 20, 2021

If you are looking to take advantage of this new trend by selling property and casualty insurance from your own home, there are certainly many avenues available to you. No matter what is going on globally, there is always a need for many people to shore up their own insurance needs. Working from home is cost-effective.

Insurer 52

Insurer Insured Insurance Agents 52

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. We forecast 2022 P&C premium growth of 8.5 for 2022, up 1.2

Underwriter 40

Underwriter Underwriting Workers Compensation Premium 40

Triple-I: Workers Compensation

MARCH 21, 2023

By Max Dorfman, Research Writer, Triple-I Today’s inflationary conditions may increase interest for group captives – insurance companies owned by the organizations they insure – according to a new Triple-I Executive Brief. Group captives can provide a viable way to protect companies across several lines of casualty insurance.

Workers Compensation 40

Workers Compensation Premium Liability General Liability 40

Majesco

FEBRUARY 22, 2024

In Majesco’s recent Thought Leadership report, 10 Trends Shaping the Future of Insurance , we find that 2024’s strategic initiatives drive growth, but also reflect the need for innovation. To improve operations, insurers must: Address and replace legacy operational and technology debt. What is innovation, anyway?

Insurer 40

Insurer Insured Insurance Broker-Agent 40

Friendly Agent

DECEMBER 3, 2020

I am talking about becoming an insurance agent. Becoming an insurance agent checks all boxes. Your earning potential is based on insurance policies. In fact i’ll argue that the best way to get into an insurance agency business is by working part time initially. How to become an insurance agent?

Insurance Agent 130

Insurance Agent Insurance Agents Agents Insurance Carrier 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

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)

Casualty Insurance 64

Casualty Insurance Insurer Insured Insurance 64

Majesco

JANUARY 23, 2025

Why is it so exciting to be an MGA in todays insurance market? How can MGAs benefit from modern insurance technology to facilitate profitable growth? It’s difficult to overemphasize the impact MGAs are having on the insurance industry. and 17% percent in 2021, demonstrating the importance of MGAs in the insurance market.

Insurer 40

Insurer Insured Insurance Underwriter 40

Triple-I: Homeowners Insurance

APRIL 21, 2025

Resilience key to insurance availability Average insured catastrophe losses have been on the rise for decades, reflecting a combination of climate-related factors and demographic trends as more people have moved into harms way. The devastation wrought by Hurricane Helene in 2024 across a 500-mile swath of the U.S.

Risk 66

Risk Building Protection Damage 66