Climate and environmental goals, while intrinsically linked, are sometimes at odds. Today, efforts to reduce greenhouse gas emissions (GHG) are insufficient, worse they are failing as GHG emissions continue to increase and set a new record of 57.1 GtCO2e in 2023. Bridging the gap between current global emissions and climate ambitions requires an urgent acceleration … Read more
On March 3, Triple-I released its Chart of the Week, “Women’s Representation Among Underwriters Increased.” Citing data from the Bureau of Labor Statistics, the chart reveals that the number of women insurance Underwriters increased by 5 percent from 56.9 percent to 61.9 percent in 2024. The insurance sector provided about 3.0 million jobs–or 1.9 percent … Read more
Throughout history, insurers have been pivotal in driving social change, enabling human progress, innovation, and prosperity. From seatbelts to vaccines and fire-retardant materials, insurers have fostered numerous innovations. Nowadays, they face a new monumental challenge: climate change. 2024 has been another record loss year for insurers driven by natural catastrophes linked to climate change. Insurers … Read more
Great news for Pocket users! You no longer have to switch between services to access your saved articles. With our new Pocket integration, you can connect your accounts and transfer your content directly into Inoreader, consolidating your read-later lists in one place. Read on for a step-by-step guide on how to do it! Connecting your … Read more
Florida’s legislative reforms to address claim fraud and legal system abuse are stabilizing the state’s property/casualty insurance market, according to the latest Triple-I Issues Brief. Claims-related litigation has significantly declined over the past two years, and premium averages are nearly flat, with several insurers requesting rate decreases from the state’s insurance regulator. In addition, the … Read more