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Legalized Fraud in Florida: Stormy Waters Ahead
May 9, 2023

... can't pay all its claims should an immensely damaging hurricane or series of hurricanes strike. Further, real estate experts have ...


Triple-I to Mark Hurricane Preparedness Week (April 30-May 6)
April 27, 2023

... forecast to be a 鈥渟lightly below-average鈥 Atlantic hurricane season is weeks away and the聽 Insurance Information Institute ... 聽and聽 business owners 聽prepare now. 聽 鈥淎ny hurricane season will likely cause devastation as we witnessed with 2022鈥檚 ...


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

... 14 named storms and eight hurricanes. Two reached major hurricane intensity 鈥 Fiona and Ian .聽Major hurricanes are defined as ... speeds reaching Category 3, 4 or 5 on the聽 Saffir-Simpson Hurricane Wind Scale . 聽 Two hurricanes made continental U.S. ...


Triple-I: Louisiana鈥檚 Insurance Crisis Grew After 2020-21 Hurricanes
March 28, 2023

... paid out more than $23 billion after the 2020 and 2021 hurricane seasons, driving a number of them into insolvency, according to an ... severity of the insured loss payouts in the wake of 2020鈥檚 Hurricane Laura and 2021鈥檚 Hurricane Ida.聽 The Laura losses across all ...


Triple-I: Spring Is Good Time to Review Home Insurance Coverage
March 16, 2023

... disasters, such as a fire or a windstorm (e.g., tornado, hurricane), as well as the home鈥檚 personal property in the event the home鈥檚 ...


Inflation, Catastrophes, and Geopolitical Risks Weigh on 2022 P&C Industry Results, New Triple-I/Milliman Report Shows
February 7, 2023

... at 16.5% in 2022, following 17.4% growth in 2021. Despite Hurricane Ian, we forecast a combined ratio of 97.4 in 2022 and expect ...


Insurance Information Institute Releases Its 2022 Annual Report
February 2, 2023

... information for the media and the public in the aftermath of Hurricane Ian, which made two landfalls in the U.S. in late September 2022. ...


Triple-I: Boat Show Attendees Have Coverage Options
January 23, 2023

... separate windstorm and storm surge coverage for your boat in hurricane-prone states such as Florida. 聽 Other coverages incorporated ... incurred by either the boat鈥檚 owner or its passengers Hurricane haul-out provisions to keep the boat out of harm's way and dry-docked ...


Triple-I鈥檚 Joint Industry Forum Previews 2023鈥檚 Key Challenges
December 6, 2022

... litigation expenses, and natural disasters such as Hurricane Ian weighed heavily on the underwriting profitability of U.S. auto ...


2022 Atlantic Hurricane Season Ends With 14 Named Storms 鈥 8 Hurricanes
November 29, 2022

... ST. JOHNS, Fla., Nov. 29, 2022 鈥擜s the 2022 Atlantic hurricane season concludes tomorrow, it marks the seventh straight year in ... storms became hurricanes, and two of the eight reached major hurricane ( Category 3, 4, or 5 ) intensity. The season, which began June 1, ...