Chester County News and Community Website
MALVERN, PA — The Insurance Information Institute (Triple-I) has released a new Issues Brief warning that government intervention in the property and casualty insurance market could destabilize the industry and …
Triple-I Warns Against Government Interference in Risk-Based Insurance Pricing Read More MALVERN, PA — The U.S. property/casualty (P/C) insurance industry is positioned to grow faster than the overall economy in 2025 and achieve a second straight year of underwriting profitability, according …
U.S. Property/Casualty Insurance Industry Expected to Outperform Broader Economy in 2025 Read More MALVERN, PA — Rising homeowners’ insurance premiums are driven by mounting risks, not by insurers themselves, according to a new Issues Brief released by the Insurance Information Institute (Triple-I). The …
Triple-I Warns Against Rate Regulation, Urges Risk Mitigation for Illinois Insurance Market Read More MALVERN, PA — The Insurance Information Institute (Triple-I) released a new analysis estimating that motor vehicle tort cases filed between 2014 and 2023 generated $42.8 billion in excess litigation value …
Motor Vehicle Tort Litigation Adds $42.8 Billion in Excess Costs, Triple-I Study Finds Read More MALVERN, PA — A new study from the Insurance Information Institute (Triple-I) and Whisker Labs, with analytical support from Octagram Analytics, reveals that smart home technology is delivering measurable results in …
IoT Device Linked to 63% Drop in Home Fire Claims, Study Finds Read More MALVERN, PA — A new analysis from the Insurance Information Institute (Triple-I) highlights the mounting pressure facing Texas homeowners, as extreme weather and infrastructure vulnerabilities continue to drive up insurance …
Texas Homeowners Insurance Costs Soar Amid Rising Natural Disaster Risks, New Report Finds Read More MALVERN, PA — The U.S. property/casualty (P/C) insurance sector entered 2025 on uneven footing, with optimism in personal auto offset by ongoing challenges in homeowners and general liability lines, according …
U.S. Property/Casualty Insurance Industry Faces Mixed 2025 Outlook Amid Economic Pressures Read More MALVERN, PA — The Insurance Information Institute (Triple-I), an affiliate of The Institutes, has announced the appointment of Patrick Schmid as its new chief insurance officer, effective July 11, 2025. …
Patrick Schmid Appointed Chief Insurance Officer at Insurance Information Institute Read More MALVERN, PA — U.S. insurers paid $1.04 billion in lightning-related homeowners insurance claims in 2024, a 16.5% decline from the $1.24 billion recorded in 2023, according to the Insurance Information …
U.S. Lightning-Related Insurance Claims Drop in 2024 Read More MALVERN, PA — A new consumer guide from the Insurance Information Institute (Triple-I) and Munich Reinsurance America, Inc. (Munich Re US) sheds light on how legal system abuse is driving …
Consumer Guide Highlights Rising Costs from Legal System Abuse Read More