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Triple-I: 2024 Atlantic hurricane season forecast to be ‘very active’

A very active tropical cyclone season is projected for 2024 in the Atlantic basin, according to a forecast released today by Colorado State University’s Department of Atmospheric Science. See also Video: Phil Klotzbach Hurricane Season Forecast and Triple-I Blog.

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IRC: Insufficient auto insurance coverage is a national problem
Insurance Industry Insurance Economics for Property Casualty
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Crime + Fraud How legal system abuse drives social inflation
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Auto Insurance What you need to know about distracted driving

Avoiding distractions can increase safety and lower your insurance costs. Any activity that pulls a driver's focus away from operating the vehicle is considered distracted driving. See also: Background on: Distracted driving and Facts + Statistics: Distracted driving.

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Disasters + Preparedness In case of a flood
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Homeowners + Renters Insurance What should new homebuyers know about homeowners insurance?
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Disasters + Preparedness Facts about wildfires
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Life Insurance Tips for finding a lost life insurance policy
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HBCU IMPACT: Bridging the insurance talent gap

To amplify the Triple-I commitment to Diversity, Equity, and Inclusion (DEI) in the workplace, Triple-I partnered with HBCU IMPACT®, whose mission is to increase the number of Black professionals in the insurance, risk management, financial services, and legal industries. View videos: HBCU Impact.

Podcast: All Eyes on Economics
The latest reports from FBI and ITRC reveal that cyber incidents in 2023 broke records for financial loss and frequency.
About the Industry Triple-I Issues Briefs: State of the risk; Trends and Insights
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I.I.I. Glossary

UNDERWRITING INCOME- The insurer’s profit on the insurance sale after all expenses and losses have been paid. When premiums aren’t sufficient to cover claims and expenses, the result is an underwriting loss. Underwriting losses are typically offset by investment income.

TERM LIFE INSURANCE- A form of life insurance that covers the insured person for a certain period of time, the “term” that is specified in the policy. It pays a benefit to a designated beneficiary only when the insured dies within that specified period which can be one, five, 10 or even 20 years. Term life policies are renewable but premiums increase with age.

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I.I.I. News Wire

AF Group Joins Triple-I as Its Latest Member

For Immediate Release New York Press Office: Loretta Worters, 917-208-8842, lorettaw@iii.org   NEW YORK, April 15, 2024— AF Group has joined the Insurance Information Institute (Triple-I) as its most recent member. Read More

Triple-I: Insurance Economic Drivers Outperforming Overall US GDP, and Likely to Gain Further Momentum on Federal Reserve Cuts

For immediate release New York Press Office, Loretta Worters 917-923-8245, lorettaw@iii.org     NEW YORK, April 11, 2024—The economic drivers of the U.S. Read More

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Events Calendar

RISKWORLD 2024
May
05
2024
Join RISKWORLD 2024 at the San Diego Convention Center which is being held May 5 - May 8, 2024 in San Diego, CA. Checkout event website.
2024 CAS Spring Meeting
May
05
2024
Triple-I Chief Insurance Officer Dale Porfilio will be speaking at the CAS Spring Meeting on a general session on legal system abuse and social inflation. Join the 2024 CAS Spring Meeting which is being held May 5-8, 2024 in Atlanta, GA. Checkout event website.
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