TripleI

Triple-I Blog | Changing Risks, Rising Costs Drive Insurance Transformation for 2025: Majesco – Go Health Pro

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The landscape of risk is undergoing a dramatic transformation, becoming increasingly complex, frequent, and unpredictable. This new reality demands a fundamental shift in how businesses and insurers approach risk assessment and management, according to a white paper by Majesco on trends shaping insurance in 2025. Insurance operational costs are increasing, growth is limited, and profitability … Read more

Triple-I Blog | 2024’s Nat Cats:A Scholarly View – Go Health Pro

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Triple-I Blog | 2024’s Nat Cats:A Scholarly View – Go Health Pro

By Lewis Nibbelin, Contributing Writer, Triple-I Triple-I recently kicked off a new webinar series featuring its Non-Resident Scholars. The first episode focused on the rising severity of natural catastrophes and innovative data initiatives these scholars are engaged in to help mitigate the impact of these perils.  Moderated by Triple-I’s Chief Economist and Data Scientist Michel … Read more

Triple-I Blog | JIF 2024: What’s In a Name? When It Comes to Legal System Abuse, A Lot – Go Health Pro

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Triple-I Blog | JIF 2024: What’s In a Name? When It Comes to Legal System Abuse, A Lot – Go Health Pro

By Lewis Nibbelin, Contributing Writer, Triple-I From “social inflation” to “tort reform” to, simply, “fraud,” settling upon uniform terminology to describe  litigation trends that drive up costs – including insurance premiums – for all Americans is a primary challenge to addressing them, according to participants at Triple-I’s 2024 Joint Industry Forum. “As we’re trying to raise … Read more

Triple-I Blog | Digital Claims Satisfaction Rises Among Insurance Customers – Go Health Pro

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Auto and home insurers’ investments in mobile app features and refinements have led to a significant rise in customer satisfaction scores, according to the J.D. Power 2024 U.S. Claims Digital Experience Study. The study revealed that overall satisfaction with the auto and home insurance digital insurance claims process is 871 (on a 1,000-point scale), up … Read more

Triple-I Blog | Outdated Building Codes Exacerbate Climate Risk – Go Health Pro

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Triple-I Blog | Outdated Building Codes Exacerbate Climate Risk – Go Health Pro

By Lewis Nibbelin, Contributing Writer, Triple-I Natural catastrophe perils’ rising frequency and severity may be impossible to fully abate, but Nationwide Property & Casualty Insurance Co. President and CEO Mark Berven believes modern building codes could dramatically reduce their costly destructiveness. In a recent article for PropertyCasualty360, Berven wrote that inconsistent building codes create alarming … Read more

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