Business Insurance

Protect your business with customized insurance solutions. Cover your assets, employees, and operations against potential risks and liabilities.

Predict & Prevent Podcast Honored By Inclusion Among ‘Insurance Luminaries’

October 3, 2024

Predict & Prevent Podcast Honored By Inclusion Among ‘Insurance Luminaries’

Tweet The Institutes’ Predict & Prevent® podcast has been named to PropertyCasualty360’s Insurance Luminaries Class of 2024 in the category of Risk Management Innovati

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Economic Climate Makes Understanding Insurance Increasingly Important

July 10, 2024

Economic Climate Makes Understanding Insurance Increasingly Important

Tweet By Lewis Nibbelin, Guest Blogger for Triple-I Insurance coverage has long been “a grudge purchase – a once-or-twice-a-year transaction that many consumers didn’t w

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New FEMA Tool Maps Community Vulnerability to 18 Natural Hazards

February 9, 2021

New FEMA Tool Maps Community Vulnerability to 18 Natural Hazards

Tweet The Federal Emergency Management Agency (FEMA) recently unveiled its National Risk Index (NRI) for natural hazards. The online mapping application identifies communities most a

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Triple-I/Milliman SeeP&C Loss Pressures Continuing

May 13, 2022

Triple-I/Milliman SeeP&C Loss Pressures Continuing

Tweet By Max Dorfman, Research Writer, Triple-I The latest insurance underwriting projections for property/casualty lines by actuaries at the Triple-I and Milliman – an independ

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Dear California:As You Prep for Wildfire, Don’t Neglect Quake Risk

June 25, 2021

Dear California:As You Prep for Wildfire, Don’t Neglect Quake Risk

Tweet It’s important for people living in earthquake-prone areas to remember that standard homeowners and renters insurance don’t cover most earthquake damage. For this rea

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Economic Datain the Age of COVID-19

October 13, 2020

Economic Datain the Age of COVID-19

Tweet Dr. Steven N. Weisbart, CLU, Triple-I Senior Vice President and Chief Economist COVID-19 pandemic has not only disrupted our economy – it has complicated the data we routi

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Economic Analysis Matters More Than Everin “Golden Age” of Data

July 17, 2024

Economic Analysis Matters More Than Everin “Golden Age” of Data

Tweet By Lewis Nibbelin, Guest Blogger for Triple-I Though data collection and curation have always been critical to insurance underwriting, advancements in artificial intelli

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Poll: Government should provide business interruption support

September 9, 2020

Poll: Government should provide business interruption support

Tweet Getty Images Business interruption losses from a global pandemic are uninsurable due to their sheer scope.  Business interruption losses (in the U.S. alone) from the coronaviru

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Triple-I/Milliman:Severe Convective Storms Restrain P&C Growth

January 30, 2024

Triple-I/Milliman:Severe Convective Storms Restrain P&C Growth

Tweet By Max Dorfman, Research Writer, Triple-I Severe convective storm losses drove adverse results in 2023 underwriting profitability for the property/casualty industry, according t

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The gig economy’s impact on workers compensation insurance

July 15, 2019

The gig economy’s impact on workers compensation insurance

Tweet   Getty Images The gig economy, or independent contract work has been around for centuries. Before the Industrial Revolution, and for some years after, most workers were self-emplo

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Insurance Is a Key Part of Financial Literacy

April 16, 2021

Insurance Is a Key Part of Financial Literacy

Tweet Many people think of financial literacy primarily in terms of saving and investing – which is understandable, since watching your wealth grow is the most rewarding aspect.

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Triple-I Study Sees “Constrained” Growth For Insurers in 2021

November 17, 2021

Triple-I Study Sees “Constrained” Growth For Insurers in 2021

Tweet From financial economists’ exuberant growth forecasts early in the year to central bankers’ coining of the term “transitory” inflation to pushback against Federal Reser

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I.I.I. Report: Patchwork of state marijuana laws causing headaches for employers, insurers

June 25, 2019

I.I.I. Report: Patchwork of state marijuana laws causing headaches for employers, insurers

Tweet Today Illinois Governor J. B. Pritzker is reportedly going to sign into law a bill that legalizes recreational marijuana in the state. That makes Illinois the eleventh state (plus D

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JIF 2022 Wrap-Up:From Risk Transferto “Predict & Prevent”

December 20, 2022

JIF 2022 Wrap-Up:From Risk Transferto “Predict & Prevent”

Tweet Among the themes running through Triple-I’s 2022 Joint Industry Forum (JIF), a dominant one was the growing importance of predicting and preventing losses, versus the propert

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Strike’s Duration Will Determine Impact on P/C Insurance Industry

October 1, 2024

Strike’s Duration Will Determine Impact on P/C Insurance Industry

Tweet   By Michel Léonard, Ph.D., CBE, Chief Economist and Data Scientist, Triple-I  The International Longshoremen’s Association (ILA) went on strike on Tuesday, Oct

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Tech Gains Tractionin Fight Against Insurance Fraud

September 6, 2022

Tech Gains Tractionin Fight Against Insurance Fraud

Tweet By Max Dorfman, Research Writer, Triple-I Insurance fraud costs the U.S. $308.6 billion a year, according to recent research by the Coalition Against Insurance Fraud (CAIF).

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This Just In:Insurance Isn’t Boring

November 3, 2021

This Just In:Insurance Isn’t Boring

Tweet I just learned that November 3 is National Cliché Day. Who knew? So, what better time than now (before it’s too late!) to bust the cliché that insurance is a boring indu

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Triple-I CEO Tells U.S. House—Global Pandemics Are Uninsurable

May 21, 2020

Triple-I CEO Tells U.S. House—Global Pandemics Are Uninsurable

Tweet On May 21, Triple-I CEO Sean Kevelighan testified before the U.S. House of Representatives’ Small Business Committee on the subject of business interruption coverage. Sinc

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Inflation is Top Challenge for Middle-Market Firms, Chubb Study Finds

April 5, 2024

Inflation is Top Challenge for Middle-Market Firms, Chubb Study Finds

Tweet By Max Dorfman, Research Writer, Triple-I  Inflation remains the greatest challenge for middle-market companies, according to recent research from Chubb. While the comp

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Bringing Clarityto Concerns About Racein Insurance Pricing

April 4, 2022

Bringing Clarityto Concerns About Racein Insurance Pricing

Tweet There is no place for discrimination in today’s insurance marketplace. In addition to being fundamentally unfair, to discriminate on the basis of race, religion, ethnicity, s

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U.K. Ruling’s Impacton U.S. Insurance Cases: Little to None

September 23, 2020

U.K. Ruling’s Impacton U.S. Insurance Cases: Little to None

Tweet The U.K. High Court last week issued a ruling involving business-interruption claims against policies issued by eight insurers. Jason Schupp of the Centers for Better Insurance

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COVID-19 Wrap-Up:BI Coverage Continues to Make Headlines

May 21, 2020

COVID-19 Wrap-Up:BI Coverage Continues to Make Headlines

Tweet From new litigation to proposed legislation, debate over whether insurers should be required to pay for business losses related to the coronavirus pandemic remain in the news.

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Invasion’s Impact on CPI, P/C Replacement Costs

March 24, 2022

Invasion’s Impact on CPI, P/C Replacement Costs

Tweet Russia’s invasion of Ukraine since Feb. 24, combined with persisting supply chain disruptions related to the pandemic, continue to drive inflation as measured by the Consumer

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P/C Underwriting Losses Forecast to at Least 2025

August 3, 2023

P/C Underwriting Losses Forecast to at Least 2025

Tweet By Max Dorfman, Research Writer, Triple-I Poor personal lines performance will keep the U.S. property/casualty insurance industry’s underwriting profitability constrained

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