Business Insurance

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Triple-I Brief Highlights Rising Inland Flood Risk

November 13, 2024

Triple-I Brief Highlights Rising Inland Flood Risk

Tweet The devastation wrought by Hurricane Helene in September 2024 across a 500-mile swath of the U.S. Southeast highlighted the growing vulnerability of inland areas to floodin

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National Insurance Awareness Day

June 26, 2020

National Insurance Awareness Day

Tweet June 28 is National Insurance Awareness Day, which means it’s a good day to evaluate your insurance coverage and assess your risk. Triple-I has put together a video to help re

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Flood: An Insurable Peril That’s Underinsured

September 21, 2021

Flood: An Insurable Peril That’s Underinsured

Tweet By John Novaria, Managing Director, Amplify This year’s hurricanes have served as a wakeup call about the importance of flood insurance and the fact that not enough peop

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How affordable is homeowners insurance?

April 12, 2021

How affordable is homeowners insurance?

Tweet The average homeowners insurance premium was $1,249 in 2018, up by 3.1 percent from the previous year, according to the latest data from the National Association of Insurance C

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Triple-I’s insurance for resilience project

February 5, 2020

Triple-I’s insurance for resilience project

Tweet In this video, Sean Kevelighan, CEO of the Insurance Information Institute (Triple-I), talks about the Triple-I’s Resilience Hub that the organization began developing in 2

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Flood Pictures Worth More Than 1,000 Words

May 28, 2021

Flood Pictures Worth More Than 1,000 Words

Tweet One of the benefits of social media is the fact that it reminds you what was on your mind several years earlier. Today I was reminded of the horrific flooding in Ellicott City,

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Hurricane Sally Makes Landfall as Category 2 Storm

September 16, 2020

Hurricane Sally Makes Landfall as Category 2 Storm

Tweet Hurricane Sally made landfall this morning near Gulf Shores, Alabama, as a Category 2 storm with sustained winds of 105 mph and higher gusts.  The storm threatens extremely

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Is my exotic pet covered by insurance?

December 11, 2020

Is my exotic pet covered by insurance?

Tweet Photo by Andre Mouton from Pexels Did you know that December 14 is international monkey day? This delightful holiday to honor everyone’s favorite simians was invented by two M

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How to survive severe cold weather

February 16, 2021

How to survive severe cold weather

Tweet During the deep freeze across multiple states this week, some U.S. electric companies are being forced to pull the plug on consumers in the form of “rolling blackouts” to

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Buying Your First Home? Know Your Insurance

October 21, 2024

Buying Your First Home? Know Your Insurance

Tweet By Lewis Nibbelin, Contributing Writer, Triple-I First-time buyers comprised only 32 percent of the housing market in 2023, according to an annual profile by the Nat

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Lawsuits Threatento Swell Ian’s Price tag

October 7, 2022

Lawsuits Threatento Swell Ian’s Price tag

Tweet Litigation costs could add between $10 billion and $20 billion to insured losses from Hurricane Ian, adding to the woes of Florida’s already struggling homeowners’ insuranc

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How Insurance Supports The American Farmer

July 3, 2019

How Insurance Supports The American Farmer

Tweet 2019 has produced devastating floods in the Midwest and parts of the South—crippling many farmers during the important planting season. This video shows the role insurance plays

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Tropical Storm Beta Moves Toward Texas Coast

September 21, 2020

Tropical Storm Beta Moves Toward Texas Coast

Tweet Tropical Storm #Beta is forecast to make landfall in TX by tonight. If it does so, it will be 9th named storm (tropical storms and #hurricanes) to make landfall in continental US

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Understanding FEMA and other flood maps

July 1, 2020

Understanding FEMA and other flood maps

Tweet On June 29 the First Street Foundation, a nonprofit research firm, released an analysis of flood risk which shows that nearly 6 million of the nation’s properties are at more

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Policyholder Surplus Matters: Here’s Why

September 14, 2020

Policyholder Surplus Matters: Here’s Why

Tweet Perhaps the most emotionally compelling data point invoked by those who would compel insurers – through litigation and legislation – to pay business-interruption claims exp

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Hurricane Sally Update: 09/15/20

September 15, 2020

Hurricane Sally Update: 09/15/20

Tweet Hurricane Sally looks to be a very significant hurricane for the northern Gulf Coast according to Triple-I non-resident scholar and Colorado State University atmospheric scient

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Partnering to Improve Flood Resilience

April 29, 2021

Partnering to Improve Flood Resilience

Tweet Improved access to data, analytical tools, and sophisticated modeling capabilities has turned flood insurance from a virtually untouchable risk for insurers to an area of incre

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You need flood insurance: “ice jam” edition

February 4, 2019

You need flood insurance: “ice jam” edition

Tweet like space jam, but with ice So you live in Wisconsin, far away from any hurricanes and ocean storm surges. You don’t need flood insurance, right? Wrong. The big thaw spreading ac

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Hurricane Delta Surges Closer to Gulf Coast

October 9, 2020

Hurricane Delta Surges Closer to Gulf Coast

Tweet Hurricane Delta is surging closer to the U.S. Gulf Coast and is expected to land on the evening of October 9 somewhere on Louisiana’s southwest coast. Dr. Phil Klotzbach, C

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Severe Weather Preparedness Week: Flood

March 5, 2021

Severe Weather Preparedness Week: Flood

Tweet By Scott Holeman, Media Relations Director, Triple-I Floods kill more people than any other thunderstorm-related hazard. Many flood deaths are the result of people drivin

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Shutdown Threat Looms Over U.S. Flood Insurance

September 18, 2023

Shutdown Threat Looms Over U.S. Flood Insurance

Tweet Even as the 2023 Atlantic hurricane season proves to be more intense than originally predicted, federal funding for the National Flood Insurance Program (NFIP) is threatened by

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Hurricane Season:More Than Wind & Water

September 1, 2020

Hurricane Season:More Than Wind & Water

Tweet Under the best of circumstances, the Atlantic hurricane season is a challenging time. Despite improved forecasting and analytical tools, pre-storm communication, and engineerin

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Weather Update: Tropical Storm Henri

August 19, 2021

Weather Update: Tropical Storm Henri

Tweet By Mark Friedlander, Director, Corporate Communications, Triple-I Tropical Storm Henri is forecast to become a hurricane and may impact parts of New England this weekend. Re

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Flood: Beyond Risk Transfer

April 29, 2021

Flood: Beyond Risk Transfer

Tweet Half a billion people worldwide are affected by floods annually, and about 90 percent of all U.S. natural disasters involve flooding. The human and economic tolls are massive,

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