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
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
You read that right. As a percentage of median household income, personal auto insurance premiums nationally were more affordable in 2022 (the most recent data available) than they have been since the beginning of this century. And even the premium increases of the past two years are only expected to bring affordability back into the … Read more
By Loretta L. Worters, Vice President, Media Relations, Triple-I Growing up, Tracy Ryan always loved math. It came to her naturally. She liked the patterns, structures, and precision of math – “the poetry of logical ideas” as Albert Einstein put it. When she went to college, and then onto graduate school, her focus was on … Read more
By Mary Sams, Senior Research Analyst, Triple-I Personal cyber risk – historically viewed as synonymous with “identity theft” – has evolved with the rise of internet-connected devices in the home. These devices can open the door to malware that can seize control of a homeowner’s data and expose them to extortion and other threats. Phishing … Read more