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Insurance Information Institute

Insurance Information Institute
Business

U.S. Property/Casualty Insurance Industry Faces Mixed 2025 Outlook Amid Economic Pressures

July 16, 2025July 15, 2025 - by Timothy Alexander

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

Insurance Information Institute
Executives

Patrick Schmid Appointed Chief Insurance Officer at Insurance Information Institute

July 6, 2025July 5, 2025 - by Timothy Alexander

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
Insurance Information Institute
Business

U.S. Lightning-Related Insurance Claims Drop in 2024

June 22, 2025June 21, 2025 - by Timothy Alexander

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

Insurance Information Institute
Business

Consumer Guide Highlights Rising Costs from Legal System Abuse

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

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
Insurance Information Institute
Business

U.S. Personal Auto Insurance Industry Posts Strong 2024 Results Amid Ongoing Challenges

June 16, 2025June 15, 2025 - by Timothy Alexander

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

Insurance Information Institute
Business

Property/Casualty Insurance Industry Reports Best Performance in Over a Decade; Faces 2025 Challenges

May 22, 2025May 22, 2025 - by Timothy Alexander

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
Insurance Information Institute
Business

Lightning Threats to SMEs Highlight Importance of Preparedness

May 7, 2025May 6, 2025 - by Timothy Alexander

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

Insurance Information Institute
Business

Triple-I’s 2024 Annual Report Highlights Leadership in a Rapidly Changing Market

April 7, 2025April 6, 2025 - by Timothy Alexander

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
Insurance Information Institute
Business

Survey Reveals Disconnect Between Consumers and Agents on Personal Cyber Insurance

March 31, 2025March 30, 2025 - by Timothy Alexander

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
Insurance Information Institute
Business

Triple-I Highlights Need for Tort Reform to Address Georgia’s Insurance Challenges

February 16, 2025February 15, 2025 - by Timothy Alexander

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

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