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Legal System Abuse Adding to Increasing Auto 探花精选 Costs, Creating A New Asset Class of Investors Betting on Litigation
February 27, 2024

... and commercial 鈥 are seeing significant increases in claims costs when attorneys enter into the picture,鈥 stated Sean Kevelighan, ... yet only 15 percent of all U.S. homeowners' insurance claims are filed within the state each year, according to Florida's Office of ...


Triple-I Offers Reminders on 探花精选 Claim Filings for Consumers Impacted by California Atmospheric River Damages
February 9, 2024

... events, the Triple-I says.聽 聽 1. Start the claims process as soon as possible聽 Be prepared to give your insurance ... Understanding the 探花精选 Claims Payment Process Facts & Statistics:聽聽 聽聽聽聽 Flood ...


Cyber insurance: a key part of a robust business strategy
October 12, 2023

... a regulatory investigation, breach of contract or negligence claims, and class action lawsuits. What isn't covered by cyber ...


Cellphone Use Is Biggest Cause of Distracted Driving, Triple-I Report Finds
January 22, 2024

... the percentage of each premium dollar an insurer spends on claims and expenses. It is a benchmark measure which demonstrates profitability ... in premiums, insurers paid out approximately $1.12 in claims and expenses.聽 The rising cost of replacement parts, inflation, and ...


Triple-I: Plaintiffs Should Disclose Third-Party Funding Arrangements
December 6, 2023

... litigation managers, and defense attorneys to help settle claims. The portion allocated to defense costs are defined as 鈥橠efense and ... practices which increase costs and time to settle insurance claims. While litigation is considered a policyholder鈥檚 last resort, Porfilio ...


U.S. Auto Insurer Claim Payouts Soar Due to Increasing Inflation
September 28, 2023

... explained. 聽 Supported by detailed analyses of claims payouts dating back years, the study concluded that, for personal auto ...


Need for Storm Preparation Is One of Hurricane Ian鈥檚 Legacies
September 27, 2023

... it easy for their policyholders to create one so insurance claims are processed even more quickly in the event of a loss. 聽 ...


Triple-I: California鈥檚 Insurers Still Feel Impact of 2017-2018 Wildfires
September 21, 2023

... insurers cumulatively paid out more than twice as much in claims and expenses as they collected in premiums in both 2017 and 2018, a ... 103 and California鈥檚 Risk Crisis .聽 鈥淗owever, the claims and expenses paid in 2017 and 2018鈥攄ue largely to wildfire-related ...


Coastal New England to Feel Impact of Hurricane Lee鈥檚 Wind, Rain
September 15, 2023

... 聽 聽 Article:聽 Understanding the Claims Payment Process 聽 聽 Infographic: Hurricane ...


Triple-I Offers Claims-Filing Tips to Those Impacted by Idalia
September 1, 2023

... Aug. 30, the Triple-I says.聽 聽 1. Start the claims process as soon as possible聽 Be prepared to give your insurance ... value of your property, will be applied to property loss claims resulting from hurricane-caused damage. 聽 Property damage to a ...