Chester County News and Community Website
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 MALVERN, PA — A recent report by the Insurance Information Institute (Triple-I) and HSB sheds light on a persistent gap in understanding between insurance agents and consumers regarding personal cyber insurance. …
Survey Reveals Disconnect Between Consumers and Agents on Personal Cyber Insurance Read More MALVERN, PA — A recent report from the Insurance Information Institute (Triple-I) underscores the role of tort reform in tackling Georgia’s escalating insurance affordability crisis. The study, Trends and Insights: Georgia …
Triple-I Highlights Need for Tort Reform to Address Georgia’s Insurance Challenges Read More MALVERN, PA — The U.S. workers’ compensation insurance industry achieved its second-best underwriting performance in two decades during 2023, posting a net combined ratio of 87, according to a new Issues …
U.S. Workers’ Compensation Insurance Market Delivers Strong Results in 2023 Read More