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Insurance Information Institute

Insurance Information Institute
Business

New York Auto Insurance Nears $2,000 as Costs Surge and Winter Losses Mount

February 5, 2026February 4, 2026 - by Timothy Alexander

MALVERN, PA — New York drivers paid an average of $1,935 for personal auto insurance in 2024, the highest level ever recorded for the state and the fourth-highest expenditure nationwide, …

New York Auto Insurance Nears $2,000 as Costs Surge and Winter Losses Mount Read More

Insurance Information Institute
Business

Insurers Eye Best Results in a Decade Despite Fires, Tariffs, and Turmoil

February 1, 2026January 31, 2026 - by Timothy Alexander

MALVERN, PA — The U.S. property and casualty insurance industry weathered a volatile 2025 and is on track for its strongest underwriting performance in more than a decade, even as …

Insurers Eye Best Results in a Decade Despite Fires, Tariffs, and Turmoil Read More
Insurance Information Institute
Business

Quiet U.S. Hurricane Season Still Delivers Deadly Storms, Costly Wake

January 27, 2026January 26, 2026 - by Timothy Alexander

MALVERN, PA — The 2025 Atlantic hurricane season passed without a single U.S. hurricane landfall for the first time in a decade, but it still produced deadly storms, rare high-end …

Quiet U.S. Hurricane Season Still Delivers Deadly Storms, Costly Wake Read More

Insurance Information Institute
Business

Home Insurance Shows Signs of Stabilizing After Years of Price Shock

December 29, 2025December 27, 2025 - by Timothy Alexander

MALVERN, PA — After several years of sharp premium increases and shrinking coverage options, the U.S. homeowners insurance market is beginning to show early signs of stabilization, according to a …

Home Insurance Shows Signs of Stabilizing After Years of Price Shock Read More
Insurance Information Institute
Business

Georgia Tort Reform Push Sparks Award-Winning Campaign With Big Legislative Payoff

November 24, 2025November 22, 2025 - by Timothy Alexander

MALVERN, PA — A sweeping public-awareness effort by the Insurance Information Institute (Triple-I) to spotlight legal system abuse in Georgia has earned top recognition from two major communications awards programs, …

Georgia Tort Reform Push Sparks Award-Winning Campaign With Big Legislative Payoff Read More

Insurance Information Institute
Business

Legal System Abuse Adds $281 Billion to Insurance Losses, Study Finds

November 10, 2025November 8, 2025 - by Timothy Alexander

MALVERN, PA — A new joint study from the Insurance Information Institute (Triple-I) and the Casualty Actuarial Society (CAS) finds that escalating legal system abuse and litigation costs have added …

Legal System Abuse Adds $281 Billion to Insurance Losses, Study Finds Read More
Insurance Information Institute
Business

Triple-I Warns Against Government Interference in Risk-Based Insurance Pricing

October 28, 2025October 27, 2025 - by Timothy Alexander

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

Insurance Information Institute
Business

U.S. Property/Casualty Insurance Industry Expected to Outperform Broader Economy in 2025

October 20, 2025October 19, 2025 - by Timothy Alexander

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
Insurance Information Institute
Business

Triple-I Warns Against Rate Regulation, Urges Risk Mitigation for Illinois Insurance Market

September 17, 2025September 16, 2025 - by Timothy Alexander

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
Insurance Information Institute
Business

Motor Vehicle Tort Litigation Adds $42.8 Billion in Excess Costs, Triple-I Study Finds

September 10, 2025September 8, 2025 - by Timothy Alexander

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

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