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Press Releases En Español Spokespeople Media Inquiries
Triple-I and NICB Warn Homeowners to Watch for Contractor Fraud Following Disasters
May 15, 2026

FOR IMMEDIATE RELEASE Loretta Worters Triple-I 917-208-8842 lorettaw@iii.org Christopher Stroisch NICB 847-450-9814 CStroisch@nicb.org   MALVERN, Pa., May 18, 2026 – As natural catastrophes and severe weather events continue to expose more homeowners to property damage and recovery challenges, the Insurance Information Institute (Triple-I) and the National Insurance Crime Bureau (NICB) are urging consumers to remain vigilant against contractor fraud during Contractor Fraud Awareness Week, M…...

Triple-I/Milliman: US P/C Insurance Industry Navigates Recovery Following Years of Elevated Claims Costs and Economic Disruption
May 14, 2026

For Immediate Release Triple-I: Loretta Worters, lorettaw@iii.org Milliman: Jeremy Engdahl-Johnson jeremy.engdahl-johnson@milliman.com   MALVERN, Pa., May 15, 2026 – The U.S. property/casualty (P/C) insurance industry showed improving underwriting conditions in 2025 following several years of elevated catastrophe losses, inflation-driven claims costs, and post-pandemic economic volatility....

Triple-I Highlights Growing Insurance Needs for Pet Owners and Pet Care Businesses
May 12, 2026

FOR IMMEDIATE RELEASE Media Contact: media@iii.org     MALVERN, Pa., May 13, 2026 – As pet ownership rises across the United States, so do the financial, liability and insurance considerations that come with it, according to the Insurance Information Institute’s (Triple-I) latest members-only Issues Brief, Pet Insurance: State of the Risk. Pet ownership rose to 95 million U.S....

Triple-I’s Georgia Legal System Abuse Campaign Recognized with Hermes Creative Awards Honorable Mention
May 04, 2026

For Immediate Release: Media Contact: media@iii.org   MALVERN, Pa., May 5, 2026  – A comprehensive legal system abuse campaign, conducted by the Insurance Information Institute (Triple-I) in Georgia in 2025, has been recognized with an Honorable Mention designation from the Hermes Creative Awards in two categories: Advertising Campaign and Outdoor/Out-of-Home Advertising Campaign....

Triple-I Stresses Preparedness for 2026 Atlantic Hurricane Season
April 29, 2026

For Immediate Release Media Contact: Media@iii.org   MALVERN, Pa., April 30, 2026– The start of the 2026 Atlantic hurricane season is just a month away and the Insurance Information Institute (Triple-I) is recommending homeowners, condo owners, renters and business owners prepare now....

Triple-I Warns Illinois Insurance Bill Would Raise Costs, Reduce Consumer Choice
April 28, 2026

Media Contact: Media@iii.org   MALVERN, Pa., April 29, 2026 –  A new Issues Brief from the Insurance Information Institute (Triple-I) found that legislation moving through the Illinois General Assembly would likely make property/casualty insurance less affordable and less available for consumers by constraining insurers’ ability to price risk accurately, without addressing the underlying causes of rising premiums....

Triple-I: Severe Convective Storms Generate More Than $50B in Insured Losses for Third Consecutive Year
April 13, 2026

FOR IMMEDIATE RELEASE Media@iii.org   MALVERN, Pa., April 14, 2026 – The Insurance Information Institute (Triple-I) has published a new members-only Issues Brief, Severe Convective Storms: State of the Risk, finding that tornadoes, hail, straight-line winds and severe thunderstorms caused $51 billion in U.S. insured losses in 2025, marking the third straight year such losses have exceeded $50 billion, more than any other category of natural disasters....

Triple-I: Colorado State’s 2026 Atlantic Hurricane Forecast Calls for ‘Somewhat Below Average’ Season
April 09, 2026

FOR IMMEDIATE RELEASE Media@iii.org   MALVERN, Pa., April 9, 2026 – A somewhat below average hurricane season is projected for 2026 in the Atlantic Basin, according to a forecast released today by Colorado State University’s (CSU) Department of Atmospheric Science....

Triple-I Launches Legal System Abuse Awareness Campaigns in Oklahoma and Wisconsin
April 06, 2026

For Immediate Release Contact: Media@iii.org   MALVERN, Pa., April 7, 2026 – The Insurance Information Institute (Triple-I) has deployed comprehensive awareness campaigns in Oklahoma and Wisconsin, underscoring the impact of lawsuit abuse on consumer costs and outlining the need for tort reform....

Triple-I/Fenix24 Report Identifies Emerging Cybersecurity Priorities for Insurers
April 01, 2026

MALVERN, Pa., April 2, 2026 — The Insurance Information Institute (Triple-I), in partnership with Fenix24, today published Cybersecurity for Insurers: Squaring Safety with Service, a report examining how insurance companies are managing their own cybersecurity risks and where critical vulnerabilities remain....

Florida Premiums Drop Amid Post-Reform Stability, New Triple-I Insurance Brief Shows
March 31, 2026

FOR IMMEDIATE RELEASE media@iii.org   MALVERN, Pa., April 1, 2026 — Legislative reforms targeting legal system abuse and claim fraud in Florida have continued to help stabilize the Sunshine State’s property/casualty insurance market, contributing to rate-filing reductions by dozens of property and auto insurers operating in the state as claim-related litigation plummets, according to the Insurance Information Institute’s (Triple-I’s) latest issues brief, Florida: State of the Risk.  &n…...

Triple-I Launches Legal System Abuse Awareness Campaign in Missouri
March 30, 2026

For Immediate Release Contact: Media@iii.org   MALVERN, Pa., March 31, 2026 – The Insurance Information Institute (Triple-I) recently launched a comprehensive awareness campaign in Missouri, highlighting the devastating impacts of legal system abuse on the state’s consumers and overall economy.   This campaign includes a brick-and-mortar billboard and complementary digital scapes, which can be found in high-density locations around Jefferson City.   St....

Short-Term Rentals Pose Insurance Risks for Homeowners and Multi-Unit Dwellings
March 11, 2026

FOR IMMEDIATE RELEASE New York Press Office: (212) 346-5500; media@iii.org   MALVERN, Pa., March 12, 2026 — As short-term rentals grow in popularity, homeowners and multi-unit dwelling owners face potential insurance pitfalls. Standard homeowners insurance typically does not cover commercial activities, including renting out a property on a short-term basis....

Record 2025 US Flooding Highlights Urgent Need for Flood Insurance and Resilience Measures, Triple-I’s New Issues Brief Explains
February 16, 2026

FOR IMMEDIATE RELEASE media@iii.org     MALVERN, Pa., Feb. 17, 2026 — Deadly floods swept across the United States in 2025 at an unprecedented pace, underscoring the growing risk of inland and flash flooding and the critical importance of adequate flood insurance, according to the Insurance Information Institute’s (Triple-I’s) latest issues brief, Flood Insurance: State of the Risk....

Triple-I Launches 2026 Campaigns Raising Awareness for Legal System Abuse Reform in California and Illinois
February 10, 2026

For Immediate Release Contact: Media@iii.org   MALVERN, Pa., Feb. 11, 2026 – The Insurance Information Institute (Triple-I) recently launched two comprehensive awareness campaigns in Los Angeles, California, and Cook County, Illinois, raising awareness about the devastating impacts of legal system abuse on the respective states’ economies.   These campaigns include brick-and-mortar billboards and complementary digital scapes, which can be found in high-density locations in both areas....

Lloyd’s Marketplace Underscores Importance to U.S. Economy as Risks Intensify
February 05, 2026

FOR IMMEDIATE RELEASE New York Press Office: (212) 346-5500; media@iii.org   MALVERN, Pa., February 6, 2026 — As climate, cyber, artificial intelligence, and geopolitical risks accelerate, the Lloyd’s insurance marketplace is reinforcing the need for innovation, capital resilience, and collaboration to address emerging threats, according to the Insurance Information Institute’s (Triple-I’s) latest issues brief, Lloyd’s: Trends and Insights....

Large Swath of U.S. Faces Winter Storm Losses: What Insurance Covers and How to Recover
January 26, 2026

FOR IMMEDIATE RELEASE New York Press Office: (212) 346-5500; media@iii.org   MALVERN, Pa., Jan. 26, 2026 —Winter storms swept through a large swath of the U.S. this weekend, bringing heavy snow, ice, and freezing temperatures, and leaving homeowners, drivers, and businesses to contend with property damage, financial losses, and other disruptions....

New York Drivers Pay Fourth-Highest Auto Insurance Costs in the Nation, Triple-I Finds
January 25, 2026

FOR IMMEDIATE RELEASE New York Press Office: (212) 346-5500; media@iii.org   MALVERN, Pa., Jan. 26, 2026 — New York households paid an estimated $1,935 on average for personal auto insurance in 2024, the highest level on record for the state and the fourth-highest expenditure nationwide, according to the Insurance Information Institute’s (Triple-I’s) latest Outlook, New York Personal Auto Insurance Premium and Cost Drivers....

Triple-I/Milliman: Amidst Economic and Geopolitical Uncertainties, 2025 U.S. P/C Market Demonstrated Resilience; Lower Nat Cats in Q3/4 Helpful
January 21, 2026

For Immediate Release Triple-I: Loretta Worters, lorettaw@iii.org Milliman: Jeremy Engdahl-Johnson, jeremy.engdahl-johnson@milliman.com   MALVERN, Pa, January 21, 2026 – The U.S. property/casualty (P/C) insurance industry exhibited resilience in 2025 and is forecast to have its lowest Net Combined Ratio (NCR) in over a decade. This comes despite the Los Angeles wildfires in January 2025, ongoing tariffs, and other geopolitical risks entering the fray....

No U.S. Hurricane Landfalls, but 2025 Season Exposes Growing Preparedness Gaps
January 12, 2026

FOR IMMEDIATE RELEASE New York Press Office: (212) 346-5500; media@iii.org     MALVERN, Pa., Jan. 12, 2026 — Despite recording no U.S. hurricane landfalls for the first time in a decade, the 2025 Atlantic hurricane season generated deadly tropical storms, above-average days of major hurricane activity, and millions of dollars in U.S....

Triple-I: One Year After L.A. Wildfires, Rebuilding Focuses on Stronger, More Resilient Homes
January 06, 2026

FOR IMMEDIATE RELEASE  media@iii.org  SAN DIEGO, Jan....