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Fewer storms forecast, but ‘above-average’ hurricane activity expected

Triple-I non-resident scholar Phil Klotzbach and his forecast team at Colorado State University reduced the projected number of named storms for 2022’s Atlantic hurricane season, but are still expecting above-average hurricane activity. See also video: Phil Klotzbach August 2022 Seasonal Hurricane Forecast.

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Triple-I: Investors fund lawsuits without disclosing their role
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Inland flooding adds a wrinkle to protection gap
Other Insurance Topics Social inflation: hard to measure, important to understand
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Insurance Research Council survey: Attorney ads increase number of lawsuits

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Disasters + Preparedness In case of a flood

This hurricane season, learn how to prepare against rising floodwaters. The Triple-I offers safety tips on how to prepare for and minimize the impact of a flood. See also, Video: Flood safety tips

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Other Insurance Topics Boat insurance and safety
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Other Insurance Topics Bicycle safety and insurance
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Catastrophes Facts + Statistics: Wildfires
FACTS + STATISTICS
Life Insurance Tips for finding a lost life insurance policy
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Insight + Analysis

Triple-I and HBCU Impact® partner to recruit Black talent nationwide

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.

Nat cats top U.S. corporate insurance claims, Allianz reports
As building costs grow, consider your homeowners’ coverage
Delaware legislature adjourns without action on banning gender as auto insurance factor
About the Industry Triple-I Issues Briefs: State of the risk; Trends and Insights
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I.I.I. Glossary

HOUSE YEAR- Equal to 365 days of insured coverage for a single dwelling. It is the standard measurement for homeowners insurance.

LOSS RESERVES- The company’s best estimate of what it will pay for claims, which is periodically readjusted. They represent a liability on the insurer’s balance sheet.

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I.I.I. News Wire

Triple-I: Fewer Storms Forecast, but ‘Above-Average’ Hurricane Activity Expected

For immediate release Florida Press Office: Mark Friedlander, 904-806-7813, markf@iii.org     ST. JOHNS, Fla., Aug. Read More

Triple-I Appoints Sondra Fry Benoudiz to Oversee Membership

  For Immediate Release: Michael Barry, 917-923-8245, michaelb@iii.org     ARLINGTON, Va., July 28, 2022—Sondra Fry Benoudiz has been named Head of Member Experience & Business Development at the Insurance Information Institute (Triple-I) and started this week in the new… Read More

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Events Calendar

NAIC National Summer Meeting 2022
August
09
2022
NAIC hybrid summer 2022 meeting will be held August 9-13 in Portland, Oregon. Checkout event website.
NAMIC 127th Annual Convention
September
18
2022
NAMIC 127th Annual Convention will be held September 18 - 21 in Dallas, Texas. Some events with in-person attendance will have virtual offerings. Checkout event website.
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