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
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