Triple-I: Workers Compensation

JUNE 25, 2025

Despite recently posting its most favorable underwriting performance since 2013, the property/casualty insurance industry faces several obstacles to continued progress, particularly from tariffs issued by the Trump Administration. Talent and technology An evolving workforce poses additional risks.

Policy

Triple-I: Homeowners Insurance

MARCH 13, 2025

Property and casualty insurers are no less concerned, as the cost of repairing and replacing damaged property is a driver of claim costs and, ultimately, policyholder premiums. Tariffs and threats of tariffs have been roiling financial markets since January.

Casualty Insurance

Triple-I: Homeowners Insurance

JULY 11, 2025

Devastating flooding in central Texas over the July 4, 2025, weekend highlighted several aspects of the state’s risk profile that also are relevant to the rest of the country, according to the latest Triple-I Issues Brief. Severe convective storms are a growing source of losses for property/casualty insurers. The entire U.S.

Damage

Insurance Journal

OCTOBER 17, 2024

Unison Risk Advisors (URA) has acquired Enders Insurance, a family-run property/casualty insurance agency based in Harrisburg, Pennsylvania. Enders has more than 60 employees throughout its central Pennsylvania office locations including Lancaster, Reading and Middleburg. Currently led by Andrew Enders, the …

Risk

Insurance Journal

NOVEMBER 13, 2024

North American specialty insurance brokerage Risk Strategies reports it has acquired Felsen Insurance Services, Inc., a New Jersey-based agency offering commercial and personal property/casualty insurance. Terms of the deal were not disclosed. Established in 1985, Felsen is based in Denville, …

Risk

Insurance Journal

FEBRUARY 18, 2025

Leaders of the casualty insurance practices of a global insurance carrier and a North American specialty brokerage offered insights for insurance buyers and sellers to deal with today’s casualty insurance market during a webinar last week. Their main message was …

Casualty Insurance

Insurance Journal

MARCH 26, 2025

Westfield Expands Flood Protection Options for Homeowners Property/casualty insurer Westfield is expanding its protection options for U.S. homeowners by offering an inland flood coverage add-on designed to help reduce the insurance gap for those living outside historical high-risk flood zones.

Casualty Insurance

Prof. Allan Manning

MARCH 5, 2024

The reality is that Lithium batteries are in many items today and we need to personally manage the risk. Earlier this year, I went to the LMI College and LMI RiskCoach teams and asked if they could put together a short course on the risks associated with the batteries.

Risk

Redbird Agents

NOVEMBER 15, 2024

Filling senior-level roles in the insurance industry requires more than just sourcing resumes—it demands precision, industry knowledge, and a focus on long-term success. That’s where partnering with an insurance executive search firm comes into play. Define Your Needs Clearly Effective insurance leadership starts with clarity.

Insurance

Triple-I: Homeowners Insurance

DECEMBER 5, 2024

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. “The U.S.

Building

Frankenmuth Insurance

JANUARY 9, 2025

This means theyve had training or testing to be designated as a Certified Insurance Counselor, Accredited Advisor in Insurance, Certified Risk Manager, or Certified Financial Planner. Some agents deal only in personal insurance and others only in commercial coverage. Titles arent everything, however.

Insurance Agent

Unitas Financial Services

JULY 18, 2022

But what impact does record-breaking inflation have on the cost of a property and casualty insurance policy? Consumers are feeling the pain at the pump, the grocery, and when shopping for virtually any good or service.

Casualty Insurance

Triple-I: Homeowners Insurance

OCTOBER 10, 2024

property and casualty insurance industry experienced better-than-expected economic and underwriting results in the first half of 2024, according to the latest forecasting report by Triple-I and Milliman. It’s not too late to register for Triple-I’s Joint Industry Forum : Solutions for a New Age of Risk. represented a 2.3-points

Commercial

Triple-I: Homeowners Insurance

MAY 8, 2024

Legislative reforms put in place in 2022 and early 2023 to address legal system abuse and assignment-of-benefits claim fraud in Florida are beginning to help the state’s property/casualty insurance market recover from its crisis of recent years, according to a new Triple-I Issues Brief.

Premium

Triple-I: Workers Compensation

MARCH 21, 2023

Additionally, the increased focus on pre-loss risk management and post-loss claims management can drive members’ premiums down even further by the second and third year of membership. Each owner makes a modest initial capital contribution,” states the paper, Group Captives: An Opportunity to Lower Cost of Risk.

Workers Compensation

Insurance Journal

MAY 2, 2025

During a Senate committee hearing focusing on insurance and loss mitigation efforts, industry representatives said that all levels of government play a role. “Where government regulation and infrastructure allow private, competitive, insurance, and global reinsurance markets to flourish, consumers are …

Insurance

Triple-I: Homeowners Insurance

MARCH 4, 2025

Floridas legislative reforms to address claim fraud and legal system abuse are stabilizing the states property/casualty insurance market, according to the latest Triple-I Issues Brief. The average risk-adjusted cost for 2024 was -0.7 The cost of reinsurance also continues to decrease for Florida carriers.

Premium

Triple-I: Business Insurance

AUGUST 11, 2022

The property & casualty insurance industry’s combined ratio – an indicator of underwriting profitability – is forecast at 100.7 points from 2021, according to actuaries at Triple-I and Milliman , a risk-management, benefits, and technology firm. for 2022, up 1.2 We forecast 2022 P&C premium growth of 8.5

Underwriter

Triple-I: Homeowners Insurance

DECEMBER 3, 2024

Secrecy surrounding TPLF prevents insurers and regulators from identifying, let alone mitigating, the risks of increased costs and time to resolve claims disputes. We’re looking at TPLF as potentially exacerbating national security risk,” said Jerry Theodorou, policy director for finance, insurance, and trade at the R Street Institute.

Out-Of-Pocket

Bankers Insurance

JULY 22, 2024

The team at Bankers Insurance is always seeking opportunities to volunteer and support our community,” said Tom Ball, Senior VP of Risk Management Services. “We It’s a great feeling to link arms with our agents and make an impact.” “The Today, more than 175 years later, as a leading U.S.-based

Broker-Agent

Prof. Allan Manning

JULY 5, 2023

Just a reminder that there is only 3 weeks to go before the 2023 Mansfield Awards, which is now in its 7th year! The awards night will be held at The Establishment Ballroom, located at 252 George St, Sydney. The function starts at 6pm, with the awards portion running for approximately 1 hour, during which 6 awards will be presented.

Claim

Prof. Allan Manning

APRIL 7, 2024

The 2024 Mansfield Awards for Claims Excellence are just over 3 months away and we could really do with your help with ensuring the best of the best win. If you have had a claim yourself or are an adviser who has had a client or clients have a claim, we would really appreciate your taking a few minutes to rate the claims service.

Claim

Majesco

APRIL 11, 2024

Most insurers are in a sort of pressure-cooker situation where challenges are creating pressure and good decisions need to be made. They are looking at their financials, growth, profitability, pace of technology change, increasing risk, and customer demands to determine next steps with their technology foundation.

Commercial Property

Majesco

FEBRUARY 22, 2024

Figure 1: Insurers’ strategic initiatives, 2024 vs 2023 However, due to a combination of factors, many insurers still operate with traditional, historical operational practices and technology, keeping them in a legacy environment that does not allow them to adapt or keep pace with changes in the market, customers, and risk.

Broker-Agent

Friendly Agent

DECEMBER 3, 2020

Selling Property and Casualty insurance part time or as a Side Hustle Property and Casualty insurance (also called P&C insurance )refers to car insurance, home insurance, liability insurance and other types of non -life/health insurance.

Insurance Agent

Triple-I: Homeowners Insurance

SEPTEMBER 24, 2024

The Casualty Actuarial Society (CAS) has added to its growing body of research to help actuaries detect and address potential bias in property/casualty insurance pricing with four new reports. Most said they believe the burden should be on the insurers to detect and test their models for potential algorithmic bias.

Risk

Hunton Andrews Kurth

JULY 16, 2021

Specifically, the ATVs exceed mandatory maximum speed limits for youth ATVs, posing a risk of a high-speed crash that could lead to serious injury or death. In Discover Property & Casualty Insurance Co. The CPSC and a distributor recently issued a warning and recall for another children’s product: youth ATVs.

General Liability

Triple-I: Homeowners Insurance

MAY 29, 2025

Homes built or retrofitted to FORTIFIED standards from the Insurance Institute for Business & Home Safety were found to have suffered far less property damage and a lower volume of insurance claims from Hurricane Sally which made landfall in Gulf Shores, Alabama, as a Category 2 storm in September 2020 than non-FORTIFIED properties.

Property Damage

Majesco

JANUARY 23, 2025

Whether they are going solo with one insurer or they are partnering with multiple insurers to grow within their niche MGAs are all part of a trend toward reaching the previously unreachable. and 17% percent in 2021, demonstrating the importance of MGAs in the insurance market.

Insurance

Triple-I: Homeowners Insurance

APRIL 22, 2025

The Institutes’ Pete Miller and Francis Bouchard of Marsh McLennan discuss how AI is transforming property/casualty insurance as the industry attacks the climate crisis. Given the human and financial costs associated with climate risks, it was appropriate to see the property/casualty insurance industry strongly represented.

Casualty Insurance