Zero depreciation car insurance: 5 things to know
0Zero depreciation car insurance ensures that the insurance company does not deduct the depreciation value of car parts while settling a claim.
Triple-I Brief Highlights Rising Inland Flood Risk
0The devastation wrought by Hurricane Helene in September 2024 across a 500-mile swath of the U.S. Southeast highlighted the growing vulnerability of inland areas to flooding...
Inflation Continuesto Drive Up Consumers’ Insurance Costs
0By William Nibbelin, Senior Research Actuary, Triple-I Insurance is priced to reflect the underlying risk of every policy. When more claims are filed and the average...
Improved Commercial Auto Underwriting Profitability Expected After Years of Struggle
0The commercial auto insurance line has struggled to achieve underwriting profitability for years, even before the inflationary conditions that have been affecting property/casualty lines more recently....
Hurricane Helene Highlights InlandFlood Protection Gap
0By Lewis Nibbelin, Contributing Writer, Triple-I Spanning over 500 miles of the southeastern United States, Hurricane Helene’s path of destruction has drawn public attention to inland...
Florida InsurersCan Weather AnotherBig Storm This Season
0Despite warnings from two leading insurance rating agencies that Hurricane Milton weakened or threatened Florida’s recovering home insurance market, the market “can manage losses” from the...
Removing Incentivesfor Development From High-Risk Areas Boosts Flood Resilience
0(Photo by Jonathan Sloane/Getty Images) By Lewis Nibbelin, Contributing Writer, Triple-I Withdrawing federal subsidies in climate-vulnerable areas can deter development and promote disaster resilience, according to...
Louisiana Is Least Affordable State for Personal Auto Coverage Across the South and U.S.
0Despite strong income growth that has helped improve personal auto insurance affordability in Louisiana, the state remains the least affordable among its Southern neighbors and the...
Personal Lines Underwriting Results Improve, Reducing Gap With Commercial Lines
0The U.S. property and casualty insurance industry experienced better-than-expected economic and underwriting results in the first half of 2024, according to the latest forecasting report by...
CSU: Post-Helene, 2 More “Above Normal” Weeks Of Storm Activity Expected
0(Photo by Joe Raedle/Getty Images) As work continues to address the harm inflicted by Hurricane Helene, researchers at Colorado State University (CSU) warn that the next...