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When Lightning Strikes: How Business Can Protect Its Bottom Line
April 24, 2023

... 3 to 5 percent of all U.S. commercial property insurance claims, accounting cumulatively for more than $2 billion annually in covered ...


Triple-I: 2023 Atlantic Hurricane Season Forecast to be ‘Slightly Below-Average'
April 13, 2023

... possessions and your home’s exterior, which will ease the claims-filing process Preparing a  hurricane emergency kit with a ... an Effective Evacuation Plan Settling ̽»¨¾«Ñ¡ Claims After a Disaster Spotlight on Flood ̽»¨¾«Ñ¡ Facts ...


Triple-I: Dog-Related Injury Claim Payouts Exceeded $1 Billion in 2022
April 6, 2023

... insurers paid out more than $1 billion in dog-related injury claims in 2022, a double-digit percentage increase over 2021 even though the number of claims decreased within that timeframe, according to the ̽»¨¾«Ñ¡ ...


Michigan’s Auto ̽»¨¾«Ñ¡ Reform Law Reducing Costs, Paper Finds
April 4, 2023

... personal auto insurers are paying out less in claims and drivers are paying less in premiums since changes were made to the ... in 2022. These data also indicate that the severity of PIP claims has fallen considerably as the medical cost controls have taken effect. ...


Triple-I: Insurers Responding Swiftly to Series of Deadly Tornadoes
April 3, 2023

... their insurer to obtain the assistance they need. Many claims-filing services are available via either a mobile app or online. The ... Contact your insurance professional and  start the claims filing process .  Take photos of damage. A photographic record ...


Tornado facts and safety
April 3, 2023

... Contact your insurer as soon as possible and start the claims filing process . After tornadoes and other disasters, insurance ... A photographic record is useful when making insurance claims. Make temporary repairs to prevent further loss from rain, ...


Civil disorders and insurance
March 31, 2023

... that the industry is already actively working to help pay claims so that communities are able to rebuild when it is time. Insurers take ...


Media Advisory: Triple-I CEO Joining March 31 Event’s Premier Panel
March 30, 2023

... panelists on tomorrow’s (March 31) Premier Panel at the Claims and Litigation Management (CLM) Alliance’s annual conference . ... sessions and 1,500-plus attendees focused on the future of claims resolution and litigation management.  Like Triple-I, CLM is an ...


Triple-I: Group Captives Appeal to Insureds During Tough Financial Times
March 21, 2023

... increased focus on pre-loss risk management and post-loss claims management can drive members’ premiums down even further by the second ... involvement in the insurance process, including oversight of claims handling and reporting. These lower costs can improve cash flow for ...


Social Inflation Contributed to $30B Increase in Commercial Auto Costs, Paper Finds
March 6, 2023

... to the changes in paid and case-incurred loss amounts as claims move from initial report to closure.   Actuaries monitor these ... likely to contribute to additional increases in the size of claims, while the toll from social inflation continues to climb.   ...