Wildfires in the United States are starting earlier, inflicting greater losses, occurring in more states, and taking more time to suppress. As many as 90 percent of U.S. wildfires are caused by people and the need for wildfire-prone communities to financially prepare themselves and take steps to make their property more resilient. See also Video: Tips for protecting your home, Article: Wildfire recovery resources and Wildfire: State of the risk.
Don't risk being underwater—understand how flood insurance works. Standard homeowners and renters insurance does not cover flood damage. Find out if you need flood insurance and learn where to get it. See also Video: Flood Safety Tips and Article: In case of a flood.
The Triple-I and the HBCU I.M.P.A.C.T. Initiative, Inc.® announced a partnership and a career-building campaign aimed at recruiting students at historically Black colleges and universities (HBCUs) to the insurance industry. See also Video: Insuring Success - Premium Careers. Endless Opportunities. View more videos on Insuring Success.
AGENT- Insurance is sold by two types of agents: independent agents, who are self-employed, represent several insurance companies and are paid on commission; and exclusive or captive agents, who represent only one insurance company and are either salaried or work on commission. Insurance companies that use exclusive or captive agents are called direct writers.
NON-ADMITTED INSURER- Insurers licensed in some states, but not others. States where an insurer is not licensed call that insurer non-admitted. They sell coverage that is unavailable from licensed insurers within the state.See Full Glossary
For immediate release New York Press Office: Michael Barry, 917, 923-8245, firstname.lastname@example.org St. Read More
For Immediate Release Triple-I: Loretta Worters, email@example.com Milliman: Jeremy Engdahl-Johnson, jeremy.engdahl-johnson@milliman NEW YORK, May 12, 2022—The property/casualty insurance industry saw the 2021 net combined ratio increase to 99.5, 0.8 points higher than 2020, driven by det… Read More