William Nibbelin, Senior Research Actuary, Triple-I Economic uncertainty, industry-specific trends, and evolving risks were the focus of the NCCI Annual Insights Symposium (AIS) 2025 – a key event for the workers compensation industry. In her introduction, Tracy Ryan, NCCI president and CEO, highlighted the importance of data in improving worker safety and outcomes in the … Read more
By Lewis Nibbelin, Contributing Writer, Triple-I Two lawsuits filed in Los Angeles claim major California insurers colluded illegally to impede coverage in wildfire-prone areas, forcing homeowners into the state’s last-resort FAIR Plan. Accusing carriers of violating antitrust and unfair competition laws, the two suits exemplify an ongoing disconnect between public and insurer perceptions of insurance … Read more
Wildfire risk is strongly conditioned by geographic considerations that vary widely among and within states. The latest Triple-I Issues Brief shows how that fact played out in 2024 and early this year and discusses the importance of granular local data for underwriting and pricing insurance in wildfire-prone areas, as well as for much-needed investment in … Read more
By William Nibbelin, Senior Research Actuary, Triple-I The U.S. P&C insurance industry’s financial outcomes for 2024 revealed a net combined ratio (NCR) of 96.6, demonstrating a substantial 5.1-point enhancement compared to the prior year and representing the sector’s most favorable underwriting performance since 2013, as detailed in a recent report by Triple-I and Milliman. However, … Read more
By Loretta L. Worters, Vice President of Media Relations, Triple-I When Karla Scott first entered the insurance industry, she didn’t set out with a grand plan to become a leader in marine underwriting. “I fell into it,” she admits. Starting at a brokerage firm focused on logistics insurance, she quickly discovered a passion for global … Read more