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June 7, 2021
Tweet Building codes are critical to disaster mitigation, as well as to enabling families, communities, and businesses to bounce back from natural and man-made catastrophes. The Ins
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February 3, 2022
Tweet Homeowners’ insurance premium rates have risen significantly since the pandemic and are likely to keep increasing. It’s important for consumers and policymakers to understand w
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September 16, 2021
Tweet By Maria Sassian, Triple-I consultant In high-risk areas like the West Coast with its wildfires and Florida with its hurricanes and floods, insurance non-renewals are on the
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June 19, 2023
Tweet By Loretta L. Worters, Vice President, Media Relations, Triple-I Fire historically has been the main risk associated with the peril of lightning strikes. But as urban densit
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June 17, 2021
Tweet By Loretta Worters, Vice President, Media Relations, Triple-I For the fourth consecutive year, the number of lightning-caused U.S. homeowners insurance claims decreased in
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May 4, 2023
Tweet By Max Dorfman, Research Writer, Triple-I The cost of claims per insured home in the United States has increased at a rate outpacing inflation over the past 20 years, accord
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January 29, 2024
Tweet By Max Dorfman, Research Writer, Triple-I Homes with more modern roofs were able to avoid significant damage from Hurricane Ian, compared with those with older roofs, accord
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January 19, 2024
Tweet Miami-Dade County, Fla., has become the latest jurisdiction in the hurricane- and flood-prone state to benefit from participation in FEMA’s Community Rating System (CRS) –
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March 19, 2019
Tweet How to Get Flood Insurance Only 12 percent of Americans have flood insurance but many more will need it in a severe weather event. Learn more at iii.org about how they are helpin
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June 6, 2023
Tweet By Mary Sams, Senior Research Analyst, Triple-I The 2023 Atlantic hurricane season officially started June 1 and is forecast to be a busy one, which is why homeowners need t
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September 30, 2020
Tweet As wildfires continue to burn in California, Oregon, Colorado, and elsewhere – and people pray for precipitation to help firefighters in their efforts – another threat looms: m
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April 6, 2021
Tweet The Federal Emergency Management Agency (FEMA) last week unveiled details of Risk Rating 2.0 – its plan to modernize the National Flood Insurance Program (NFIP) to make it fair
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June 9, 2020
Tweet With the 2020 Atlantic hurricane season activity expected to be “well above average” in intensity; three named storms having formed already; and Tropical Depression Cristobal b
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August 27, 2020
Tweet Following a major disaster like Hurricane Laura extended power outages are common. Nearly 800,000 customers in Louisiana and Texas were without power after the storm hit. Howev
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July 6, 2019
Tweet We posted this look at insurance coverage and earthquakes earlier today. More important links about earthquakes and insurance: A long III background paper on the topic, including d
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September 5, 2019
Tweet As Hurricane Dorian churns northward off the coast of South Carolina as a Category 2 storm, the National Hurricane Center continues to forecast dangerous storm surge conditions thro
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June 19, 2020
Tweet The number of lightning-caused U.S. homeowners insurance claims has decreased over the past few years, yet the average cost per claim has increased, according to Insurance In
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June 14, 2019
Tweet “New York City, USA – October 31, 2012: In the aftermath of Hurricane Sandy the Battery Park Underpass is seen completely flooded along the West Street entrance looking north in Low
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November 26, 2019
Tweet By Max Dorfman, Research Writer The U.S. Federal Emergency Management Agency (FEMA) is being pressed to adopt innovative methods to increase insurance penetration for floods and ot
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March 7, 2024
Tweet Even as California moves to address regulatory obstacles to fair, actuarially sound insurance underwriting and pricing, the state’s risk profile continues to evolve in ways
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January 4, 2024
Tweet According to a recent Chubb survey of 800 high-net-worth individuals in the United States and Canada, 92 percent are concerned about the size of a verdict against them if they
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August 8, 2022
Tweet Max Dorfman, Research Writer, Triple-I Severe hurricane damage in recent years has led to major losses by writers of Louisiana homeowners’ insurance and to the insolvency o
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July 10, 2020
Tweet Hurricanes and storm-related flooding are responsible for the bulk of damage from disasters in the United States, accounting for annual economic losses of about $54 billion, ac
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June 27, 2019
Tweet By Loretta L. Worters, Vice President – Media Relations, Insurance Information Institute Authorities believe a lightning strike caused a home to go up in flames in the Riverview ar
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