TripleI

Triple-I Blog | Reining in Third-Party Litigation Funding Gains Traction Nationwide – Go Health Pro

by
Triple-I Blog | Reining in Third-Party Litigation Funding Gains Traction Nationwide – Go Health Pro

A record number of bills targeting third-party litigation funding are under consideration across the United States, with Georgia and Kansas already passing disclosure measures, according to an analysis by Insurance Insider. The U.S. Government Accountability Office defines third-party litigation funding as “an arrangement in which a funder who is not a party to the lawsuit agrees to … Read more

Triple-I Blog | Despite Progress, California Insurance Market Faces Headwinds – Go Health Pro

by
Triple-I Blog | Despite Progress, California Insurance Market Faces Headwinds – Go Health Pro

Even as California moves to address regulatory obstacles to fair, actuarially sound insurance underwriting and pricing, the state’s risk profile continues to evolve in ways that impede progress, according to the most recent Triple-I Issues Brief. Like many states, California has suffered greatly from climate-related natural catastrophe losses. Like some disaster-prone states, it also has … Read more

Triple-I Blog | Tenfold Frequency Rise for Coastal Flooding Projected by 2050 – Go Health Pro

by
Triple-I Blog | Tenfold Frequency Rise for Coastal Flooding Projected by 2050 – Go Health Pro

Approximately 2.5 million Americans in 1.4 million homes will be at risk from severe coastal flooding by 2050, with Florida, New York, and New Jersey facing the highest exposure, according to a new report from Climate Central’s Coastal Risk Finder. Coastal flooding in the U.S. now occurs three times more frequently than 30 years ago, … Read more

Triple-I Blog | Claims Volume Up 36%in 2024; Climate, Costs, Litigation Drive Trend – Go Health Pro

by
Triple-I Blog | Claims Volume Up 36%in 2024; Climate, Costs, Litigation Drive Trend – Go Health Pro

By Lewis Nibbelin, Contributing Writer, Triple-I U.S. property claims volume rose 36 percent in 2024, propelled by a 113 percent increase in catastrophe claims, according to a recent Verisk Analytics report. While evolving climate risks fueled claim frequency, uncertain inflation trends and unchecked legal system abuse will likely further strain insurer costs and time to … Read more

Triple-I Blog | Insurance Agency Burnout: New Solutions Needed as Traditional Approaches Fall Short – Go Health Pro

by
Triple-I Blog | Insurance Agency Burnout: New Solutions Needed as Traditional Approaches Fall Short – Go Health Pro

Half of independent insurance agency employees report feeling burned out, with 87% experiencing increased workloads over the past year, according to new research from Liberty Mutual and Safeco’s 2025 Independent Agents at Work Study. Along with an increased workload, more than half (51%) of agents report feeling overwhelmed by these demands. Perhaps more alarming is … Read more