News Center
The trusted source of unique, data-driven insights on insurance to inform and empower consumers.
Maritime Day: Honoring An “Invisible” Industry
By Loretta Worters, Vice President, Media Relations, Triple-I Maritime Day is a time-honored tradition that recognizes one of the United States’ most important industries. It is observed on May 22, the date in 1819 that the American steamship Savannah set sail from Savannah, Ga., on the first ever transoceanic voyage under steam power. “National Maritime Day was created by an … Continue reading Maritime Day: Honoring An “Invisible” Industry →
POSTED MAY 20, 2022 4:51 PM |
Women in Maritime and Marine Insurance
By Loretta Worters, Vice President, Media Relations, Triple-I When Isabelle Therrien started in the marine insurance industry 25 years ago, it was almost exclusively a male-dominated industry. “The progress we’ve made is a testament to the women that have been part of this industry and that have empowered other women to get into this business … Continue reading Women in Maritime and Marine Insurance →
POSTED MAY 17, 2022 8:03 PM |
Data Visualization:An Important Toolfor Insurance,Risk Management
By Max Dorfman, Research Writer, Triple-I Data visualization has become an increasingly important tool for understanding and communicating complex risks and informing plans to address them. Simply put, data visualization is the depiction of data through static or interactive charts, maps, infographics, and animations. Such displays help clarify multifaceted data relationships and convey data-driven insights. … Continue reading Data Visualization:An Important Toolfor Insurance,Risk Management →
POSTED MAY 16, 2022 1:58 PM |
Triple-I/Milliman SeeP&C Loss Pressures Continuing
By Max Dorfman, Research Writer, Triple-I The latest insurance underwriting projections for property/casualty lines by actuaries at the Triple-I and Milliman – an independent risk-management, benefits, and technology firm – reveal that the industry saw the 2021 combined ratio worsen by 0.8 points from 2020, driven by deterioration in the personal auto and workers compensation … Continue reading Triple-I/Milliman SeeP&C Loss Pressures Continuing →
POSTED MAY 13, 2022 3:09 PM |
Cyberattacks Growingin Frequency, Severity, And Complexity
By Max Dorfman, Research Writer, Triple-I (04/29/2022) Several recent reports quantify the growing risk and cost of cyber attacks in 2021. Willis Towers Watson PLC, a multinational risk-management, insurance brokerage, and advisory company, and global law firm Clyde & Co, surveyed directors and risk managers based in more than 40 countries around the world. They … Continue reading Cyberattacks Growingin Frequency, Severity, And Complexity →
POSTED APRIL 29, 2022 6:54 PM |
Study Highlights Costof Data Breachesin a Remote-Work World
By Max Dorfman, Research Writer, Triple-I (04/27/2022) A recent study by IBM and the Ponemon Institute quantifies the rising cost of data breaches as workers moved to remote environments during the coronavirus pandemic. According to the report, an average data breach in 2021 cost $4.24 million – up from $3.86 million in 2020. However, where … Continue reading Study Highlights Costof Data Breachesin a Remote-Work World →
POSTED APRIL 27, 2022 6:55 PM |
A Piecemeal Approach Toward Transparency In Litigation Finance
A U.S. District Court judge in Delaware made his courtroom the latest jurisdiction to require lawsuit participants to disclose whether third-party investors have any stake in litigation being brought before him. While this is a step toward greater transparency with regard to third-party litigation funding, the standing order by Chief Judge Colm F. Connolly only affects cases … Continue reading A Piecemeal Approach Toward Transparency In Litigation Finance →
POSTED APRIL 27, 2022 3:02 PM |
Insurers, Regulators Push Back on Changes In S&P Rating Criteria
Insurers, regulators, and members of Congress have expressed concern about proposed changes in how Standard & Poor’s Global Ratings defines “available capital” in its rating criteria. Specifically, S&P would no longer consider certain debt to be counted as available for purposes of rating insurers’ financial strength and ability to pay claims. “Disruptive” and an “overuse … Continue reading Insurers, Regulators Push Back on Changes In S&P Rating Criteria →
POSTED APRIL 26, 2022 2:17 PM |
Dog-Related Injury Claims Nearly $900 Million in 2021
By Loretta Worters, Vice President, Media Relations, Triple-I As pet owners return to the workplace or school, pets will be left home alone. Behavioral issues such as separation anxiety could result in aggressive and destructive behavior. This could be a problem for dogs that were adopted during the pandemic as well as pets that have … Continue reading Dog-Related Injury Claims Nearly $900 Million in 2021 →
POSTED APRIL 12, 2022 2:13 PM |
Insurers Step Upto Bring Reliefto Ukraine Refugees
The Insurance Industry Charitable Foundation (IICF), a nonprofit dedicated to helping communities and enriching lives, has opened a humanitarian relief fund to help refugees in response to the crisis in Ukraine. “The insurance industry has a longstanding legacy of philanthropic giving, locally and globally, in times of acute need. Throughout the pandemic – and now, … Continue reading Insurers Step Upto Bring Reliefto Ukraine Refugees →
POSTED APRIL 08, 2022 3:01 PM |
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