TripleI

Triple-I Blog | Improved Commercial Auto Underwriting Profitability Expected After Years of Struggle – Go Health Pro

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Triple-I Blog | Improved Commercial Auto Underwriting Profitability Expected After Years of Struggle – Go Health Pro

The commercial auto insurance line has struggled to achieve underwriting profitability for years, even before the inflationary conditions that have been affecting property/casualty lines more recently. This trend has been accompanied by steady growth in net written premiums (NWP). This weakness in underwriting profitability has been driven by several causes, according to a new Triple-I … Read more

Triple-I Blog | Inflation Continuesto Drive Up Consumers’ Insurance Costs – Go Health Pro

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Triple-I Blog | Inflation Continuesto Drive Up Consumers’ Insurance Costs – Go Health Pro

By William Nibbelin, Senior Research Actuary, Triple-I Insurance is priced to reflect the underlying risk of every policy. When more claims are filed and the average amount paid of those claims increases, insurance becomes more expensive. A measure of underwriting profitability for insurance carriers is the combined ratio calculated as losses and expense divided by … Read more

Triple-I Blog | Hurricane Helene Highlights InlandFlood Protection Gap – Go Health Pro

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Triple-I Blog | Hurricane Helene Highlights InlandFlood Protection Gap – Go Health Pro

By Lewis Nibbelin, Contributing Writer, Triple-I Spanning over 500 miles of the southeastern United States, Hurricane Helene’s path of destruction has drawn public attention to inland flood risk and the need for improved resilience planning and insurance purchase (“take up”) to confront the protection gap. Extreme rainfall and wind inflicted a combination of catastrophic flooding, … Read more

Triple-I Blog | Triple-I launches campaign to highlight challenges to insurance affordability in Georgia – Go Health Pro

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Triple-I Blog | Triple-I launches campaign to highlight challenges to insurance affordability in Georgia – Go Health Pro

By Dale Porfilio, Chief Insurance Officer, Insurance Information Institute As part of its ongoing work to raise awareness of the impacts of legal system abuse, the Insurance Information Institute (Triple-I) launched a multi-faceted campaign focusing on Georgia. The campaign includes an Interstate 20 billboard in Downtown Atlanta and digital billboards on bus stops and other … Read more

Triple-I Blog | Buying Your First Home? Know Your Insurance – Go Health Pro

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Triple-I Blog | Buying Your First Home? Know Your Insurance – Go Health Pro

By Lewis Nibbelin, Contributing Writer, Triple-I First-time buyers comprised only 32 percent of the housing market in 2023, according to an annual profile by the National Association of Realtors. Though higher compared to 2022, this number is a stark drop from the 38 percent annual average since 1981. The ongoing risk crisis and housing shortage, … Read more

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