Actuaries Address Racial Pricing Issues
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…
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According to an IRC survey, education can dispel concerns about credit-based insurance scores.
According to a recent study by the Insurance Research Council (IRC), consumers' skepticism regarding the relationship between credit history and potential insurance claims seems to decrease when the predictive…
Triple-I Flood Risk Maps With Expanded Areas Offer A Richer Perspective
The flood risk visualization tool for the Triple-I Resilience Accelerator is being improved with: Data from the National Flood Insurance Program (NFIP) on "take-up rates" in each American county…
The Insurance Program Will Be More Fair With FEMA’s New Approach to Flood Risk
The National Flood Insurance Program (NFIP) will be modernized by the Federal Emergency Management Agency (FEMA) to make it more equitable and sustainable. This week, FEMA released further information…
Stay Safe and Report Damage Right Away Following Ida
Following Hurricane Ida, the Insurance Information Institute is collaborating with insurers to track property damage and support customers as they recover. Sean Kevelighan, CEO of Triple-I, offers advice for…
Prepare and understand the insurance implications since mudslides frequently follow wildfires.
Mudslides are a potential concern as wildfires rage in California, Oregon, Colorado, and other places, as people hope for rain to aid firefighters in their work. Rain is…
Lawsuits Could Increase Ian’s Price
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…