60,000+ policyholders received more than $1 billion in lightning-related homeowner insurance payouts in 2021, with California alone accounting for $522 million, or 40% of the total ($1 billion) paid…
By Loretta Worters, Vice President of Triple-Media I's Relations Pet owners will leave their animals at home alone when they return to work or school. Behavior problems like…
It seems straightforward to base insurance costs on the degree of risk assumed. If insurers had to determine a fixed price for coverage without taking into account specific risk…
According to Mark Friedlander, corporate relations director of Triple-I, litigation expenses might increase insured losses from Hurricane Ian by $10 billion to $20 billion, further hurting Florida's already troubled…
As the hurricane season of 2022 approaches, three Florida insurers have already been deemed insolvent this year for failing to get full reinsurance. Mark Friedlander, director of communications…
Homeowners should consider rising construction and maintenance expenses when choosing their insurance, especially as hazards associated with weather and the environment increase. For the purposes of homeowners insurance,…
The Casualty Actuarial Society (CAS) has written a number of papers that examine the subject of race and insurance pricing while attempting to make a useful contribution to the…