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Triple-I: Personal auto profitability is steering in the right direction

Personal auto insurance underwriting profitability appears to finally be headed in a positive direction after recent years of record underwriting losses, according to the Triple-I. See also: Triple-I Blog and Issues Brief.

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Other Insurance Topics Bicycle safety and insurance

As more people take to biking this summer, it's crucial to prioritize bicycle safety. Wear helmets, follow traffic rules, and properly insure your bicycle. See also Video: Bicycle safety.

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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.


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I.I.I. Glossary

KIDNAP/RANSOM INSURANCE- Coverage up to specific limits for the cost of ransom or extortion payments and related expenses. Often bought by international corporations to cover employees. Most policies have large deductibles and may exclude certain geographic areas. Some policies require that the policyholder not reveal the existence of the coverage.

INLAND MARINE INSURANCE- This broad type of coverage was developed for shipments that do not involve ocean transport. Covers articles in transit by all forms of land and air transportation as well as bridges, tunnels and other means of transportation and communication. Floaters that cover expensive personal items such as fine art and jewelry are included in this category. (See Floater) )

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I.I.I. News Wire

Triple-I: Personal Auto Profitability is Steering in the Right Direction

NEW YORK, June 10, 2024 – Personal auto insurance underwriting profitability appears to finally be headed in a positive direction after recent years of record underwriting losses, according to the Insurance Information Institute (Triple-I). Read More

Triple-I and NICB Join Up to Help Consumers Fight Contractor Fraud

NEW YORK, May 20, 2024 --The Insurance Information Institute (Triple-I) and the National Insurance Crime Bureau (NICB) are marking this week (May 20-24, 2024) as Contractor Fraud Awareness Week (CFAW) to highlight how homeowners can protect themselves from dishonest contractors. Read More

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Events Calendar

Triple-I/Milliman Insurance Economics and Underwriting Projections: A Forward View
July
11
2024
MEMBERS-ONLY: Join us for the Q3 exclusive, members-only briefing July 11, 11am - 12pm ET. You’ll learn about enhanced economic indicators of inflation and growth to help inform future underwriting projections and a forward-looking view at the P&C industry underwriting performance, including combined ratio, premium growth, and rate impact across all major product lines. Please contact members@iii.org for the secure registration link.
2024 Casualty Loss Reserve Seminar
September
09
2024
Join 2024 Casualty Loss Reserve Seminar which is being held September 9 in San Francisco, CA. Checkout event website.
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