Insurance: The Basics

Fact sheet: Unclaimed life insurance policies

Clear communication is important when it comes to your life insurance policy. Life insurance policyholders should inform their primary beneficiaries, as well as their contingent beneficiaries, about the existence of a life insurance policy that names them. If there are valid reasons not to inform the beneficiaries—if, for example, they are young children—it is a good idea to provide this information to the executor of your estate.

Lightning safety: 10 myths—and the facts

“When thunder roars, go indoors!” is a truism that actually holds up. But much of what we think we know about lightning is fiction. Here are some common myths, along with the facts that will keep you and your loved ones safe in a storm.

State of the Tech: NAIC Demonstrating Governance Key as Agentic AI Evolves

Artificial intelligence is reshaping the insurance industry, from underwriting and claims to fraud detection and customer service. As adoption accelerates, insurers have an opportunity to improve operational efficiency while preparing for new regulatory expectations and emerging liability risks.

Why are insurance rates rising?

Triple-I shares details about what is impacting the costs associated with insurance premiums.

Copy the following code and paste it in your HTML...

Rising Costs, Changing Risks: Why Insurance Matters More Than Ever

Insurance is designed to protect against the unexpected, but the risks people face and the cost of recovering from them are changing.

Many people purchase insurance and rarely revisit their policies until they need to file a claim. However, home improvements, business expansions, vehicle purchases and increasing repair and rebuilding costs can leave them underinsured or paying for coverage that no longer reflects their needs.

State of the State: Oklahoma Homeowners Insurance

Oklahoma homeowners insurance premiums are escalating due to a range of factors. The “Sooner State” is among the least affordable for home insurance coverage (ranked 48th, with 3.45% of household income spent), according to data from the Insurance Research Council (IRC).

Understanding the Difference Between Stock and Mutual Insurance Companies

When shopping for insurance, most consumers focus on premiums, coverage options, and customer service—but there is another important distinction: the type of company providing the coverage. Insurance companies generally fall into two main categories: stock companies and mutual companies. Understanding the difference can help consumers make more informed decisions.

Increasing Inflation on Liability Insurance – Impact as of Year-End 2024

This analysis extends earlier studies on personal and commercial auto liability insurance, calculating the cumulative effect of both economic inflation and legal system abuse on these portfolios. Furthermore, the quantification is expanded to assess impacts across general liability insurance lines. Over the decade spanning 2015 through 2024, the study estimates that increasing inflation drove liability insurance losses and defense and cost containment (DCC) expenses by more than $230 Billion.

Please click on the file name below to view the white paper in PDF format. You will need Adobe Acrobat Reader to view the file.

Download triple-i_cas_increasing_inflation_year-end-2024_wp_10302025.pdf

You can download Adobe Acrobat Reader, free of charge, from the Adobe website (http://www.adobe.com/products/acrobat/readstep.html).

Note: Printer fonts may vary by browser and version of Adobe Reader.

Infographic: Illinois Homeowners’ Insurance: Affordable, Accessible, and Essential

Click here to download PDF.

Click here to download PNG.

The Insurance Industry’s Month of Giving 2025

Since 1998, the insurance industry has come together for the Insurance Industry Charitable Foundation (IICF) volunteer initiative. This is an international (US, UK and Canada) and industry-wide initiative, insurance professionals complete volunteer projects in support of community nonprofit organizations in-person and virtually taking place throughout the month of October.

Main