Chester County News and Community Website
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 MALVERN, PA — The U.S. personal auto insurance industry achieved its best underwriting performance in years, reporting a net combined ratio of 95.3 in 2024, according to the latest Issues …
U.S. Personal Auto Insurance Industry Posts Strong 2024 Results Amid Ongoing Challenges Read More MALVERN, PA — The U.S. property/casualty (P/C) insurance industry achieved its strongest underwriting results in more than a decade in 2024, closing the year with a net combined ratio (NCR) …
Property/Casualty Insurance Industry Reports Best Performance in Over a Decade; Faces 2025 Challenges Read More MALVERN, PA — Lightning strikes are a significant threat to small and medium-sized enterprises (SMEs), causing billions of dollars in damages each year, according to the Insurance Information Institute (Triple-I) …
Lightning Threats to SMEs Highlight Importance of Preparedness Read More MALVERN, PA — The Insurance Information Institute (Triple-I) released its 2024 Annual Report, Now More Than Ever, showcasing achievements during a year defined by uncertainty and shifting market dynamics.
Triple-I’s 2024 Annual Report Highlights Leadership in a Rapidly Changing Market Read More