Business Insurance

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Opioids and Workers’ Compensation

November 18, 2019

Opioids and Workers’ Compensation

Tweet By Max Dorfman, Research Writer, Insurance Information Institute As the opioid epidemic continues to roil the country, it’s easy to forget the number of issues that contribute to it

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It’s safe to work in (not on) marijuana

April 26, 2019

It’s safe to work in (not on) marijuana

Tweet There’s a pervasive myth out there that the marijuana industry is an unregulated Wild West populated by desperadoes and mountebanks out to score a quick buck. But even a passing fa

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FAQs about COVID-19’s Impact on Workers’ Comp

April 28, 2020

FAQs about COVID-19’s Impact on Workers’ Comp

Tweet Dr. John W. Ruser, President and CEO of the Workers’ Compensation Research Institute (WCRI), contributed this Q&A about the role workers’ compensation insurance plays in the co

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COVID-19 and Workers Compensation: Impact Will Become Clearer … Eventually

July 27, 2020

COVID-19 and Workers Compensation: Impact Will Become Clearer … Eventually

Tweet By John Novaria The impact of COVID-19 on workers compensation will come down to several fundamental questions in the coming months: Who’s at work? Who’s going back to work?

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Assess, Measure, Mitigate Your Lightning Risk

October 13, 2023

Assess, Measure, Mitigate Your Lightning Risk

Tweet By Kelley Collins, Director of Business Development and Communications, Lightning Protection Institute Our lives are filled with risk assessment and mitigation. From grabbin

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P/C Insurers’ Profits Still Under Pressure

February 16, 2022

P/C Insurers’ Profits Still Under Pressure

Tweet The profitability of the U.S. property/casualty insurance industry is expected to remain under pressure, according to the latest underwriting projections released by Triple-I and M

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Triple-I CEO on Podcast: We’re All Risk Managers

July 10, 2023

Triple-I CEO on Podcast: We’re All Risk Managers

Tweet By Max Dorfman, Research Writer, Triple-I Economic turbulence, political unrest, climate catastrophes, and the aftermath of a global pandemic are just a few of the forces de

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Is California Serious About Wildfire Risk?

July 28, 2021

Is California Serious About Wildfire Risk?

Tweet Wildfire is a critical risk facing California, but at least one insurance industry leader argues that the state government isn’t taking it seriously enough. “Yes, the govern

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Insurers Engageas Climate Perils Drive Up Costs

February 21, 2024

Insurers Engageas Climate Perils Drive Up Costs

Tweet By Max Dorfman, Research Writer, Triple-I 2023 was another year with high-risk climate and weather-related challenges, with 2024 positioned to pose its own challenges.

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How Georgia Might Learn From Florida Reforms

November 14, 2024

How Georgia Might Learn From Florida Reforms

Tweet By Lewis Nibbelin, Contributing Writer, Triple-I Georgia – frequently featured on the American Tort Reform Foundation’s list of “Judicial Hellholes” – may want to consid

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Workers Comp:Resilient and Relevant

February 10, 2022

Workers Comp:Resilient and Relevant

Tweet Despite early “dire estimates” of how the COVID-19 pandemic might affect the workers compensation insurance sector, the system has proved to be resilient, according to Bi

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Federal “Reinsurance” Proposal Raises Red Flags

January 21, 2024

Federal “Reinsurance” Proposal Raises Red Flags

Tweet By Sean Kevelighan, Triple-I CEO Legislation proposed by U.S. Rep. Adam Schiff (D-Calif.) to create a federal “catastrophe reinsurance program” raises several concerns t

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Requiring insurers to cover pandemic-related shutdowns would jeopardize industry’s solvency, experts say

May 19, 2020

Requiring insurers to cover pandemic-related shutdowns would jeopardize industry’s solvency, experts say

Tweet Most insurance experts believe legislative proposals that would require insurers to cover business-interruption (BI) claims stemming from COVID-19 related shutdowns, even if th

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Trials and Errors: Plaintiffs’ Attorneys Could Complicate Efforts to Help Businesses Hurt by COVID-19

November 4, 2020

Trials and Errors: Plaintiffs’ Attorneys Could Complicate Efforts to Help Businesses Hurt by COVID-19

Tweet By James Ballot, Senior Advisor, Strategic Communications, Triple-I It’s been more than eight months since COVID-19 first struck the U.S., and millions of small business own

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The Future of American Insurance and Reinsurance Releases a Digital Business Interruption Insurance Explainer

October 16, 2020

The Future of American Insurance and Reinsurance Releases a Digital Business Interruption Insurance Explainer

Tweet Future of American Insurance and Reinsurance (FAIR) has released a new interactive tool to help showcase the need for a federal solution to pandemic relief. The Business Interr

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Got Earthquake Insurance?  Businesses Should AssesS Their Readiness for  “The Big One” and Other Natural Disasters

July 9, 2019

Got Earthquake Insurance? Businesses Should AssesS Their Readiness for “The Big One” and Other Natural Disasters

Tweet By Loretta L. Worters, Vice President – Media Relations, Insurance Information Institute Every year businesses temporarily shut down – or close forever – because of a disaster.  Th

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I.I.I. Joint Industry Forum Panel: The P/C Industry has been doing well, but threats loom on the horizon

January 30, 2019

I.I.I. Joint Industry Forum Panel: The P/C Industry has been doing well, but threats loom on the horizon

Tweet Left to right: Bill Donnell, David Wessel, Jay Gelb, John Huff By Lucian McMahon The 2018 financial results for the property/casualty (P/C) industry were strong. According to Veris

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Triple-I Launches Campaign To Support Resiliency Of The Economy During The Coronavirus Pandemic

May 18, 2020

Triple-I Launches Campaign To Support Resiliency Of The Economy During The Coronavirus Pandemic

Tweet On May 18 the Insurance Information Institute (Triple-I) announced the launch of the Future of American Insurance & Reinsurance (FAIR) campaign. FAIR will focus on ensuring the

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Study: Most Americans disapprove of COVID-19 lawsuits, prefer government aid for small businesses

February 1, 2021

Study: Most Americans disapprove of COVID-19 lawsuits, prefer government aid for small businesses

Tweet The vast majority of Americans believe COVID-19 relief should come via public policy solutions — and not litigation — according to polling released last week by the American To

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Is a Global Recession Imminent?  If So, Businesses Can Protect Themselves with Credit Risk Insurance

December 5, 2019

Is a Global Recession Imminent? If So, Businesses Can Protect Themselves with Credit Risk Insurance

Tweet By Loretta Worters, Vice President – Media Relations The credit crisis of 2007-2008 was a severe worldwide economic crisis considered by many economists to have been the most

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Chubb CEO says business interruption policies are a good value and work as they should

July 30, 2020

Chubb CEO says business interruption policies are a good value and work as they should

Tweet Evan Greenberg In a July 29 earnings call Evan Greenberg, the CEO of Chubb, addressed the lawsuits filed by many businesses over business income (interruption) coverage during t

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Maritime Supply-Chain Vulnerabilities: Why This Won’t Be the Last Timea Megaship Gets Stuck

April 6, 2021

Maritime Supply-Chain Vulnerabilities: Why This Won’t Be the Last Timea Megaship Gets Stuck

Tweet By Loretta Worters, Vice President, Media Relations, Triple-I (Photo by Mahmoud Khaled/Getty Images) When mega containership Ever Given wedged herself across a one-way sectio

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Group Captives Offer Cost-Sensitive Companies Opportunities to Savein Face of Inflation

March 21, 2023

Group Captives Offer Cost-Sensitive Companies Opportunities to Savein Face of Inflation

Tweet By Max Dorfman, Research Writer, Triple-I Today’s inflationary conditions may increase interest for group captives – insurance companies owned by the organizations they insu

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N.C. Ruling Goes Against Prevailing Judicial Wisdom on COVID-19 Business Interruptions

October 23, 2020

N.C. Ruling Goes Against Prevailing Judicial Wisdom on COVID-19 Business Interruptions

Tweet A North Carolina court has ruled that Cincinnati Insurance Co. must pay 16 restaurants’ claims for business income (interruption) losses due to government-ordered COVID-19 shut

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