Insurance Affordability, Availability Demand Collaboration, Innovation

By Lewis Nibbelin, Contributing Writer, Triple-I Insurance industry executives and thought leaders gathered yesterday for Triple-I’s Joint Industry Forum (JIF) in Chicago to discuss the trends, economics, geopolitics, and policy…

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How regulatory changes are reshaping motor insurance in India

India's motor insurance sector is undergoing significant transformation driven by IRDAI reforms, technological advancements, and evolving consumer preferences. These changes include standardized policies, flexible 'pay-as-you-go' options, and long-term coverage mandates.…

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Personal Auto 2024 Underwriting Results Best Since Pandemic

By William Nibbelin, Senior Research Actuary, Triple-I The U.S. personal auto insurance industry saw a significant turnaround in 2024, achieving its best underwriting result since the pandemic began, according to…

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Significant Tort Reform Advances in Louisiana

Louisiana’s Senate passed five tort reform bills last week to curb legal system abuse driven by billboard attorneys in the Pelican State. The legislative success represents the culmination of sustained…

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P&C Insurance Achieves Best Results Since 2013; Wildfire Losses, Tariffs Threaten 2025 Prospects

By William Nibbelin, Senior Research Actuary, Triple-I The U.S. P&C insurance industry’s financial outcomes for 2024 revealed a net combined ratio (NCR) of 96.6, demonstrating a substantial 5.1-point enhancement compared…

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Florida Senate RejectsLegal-Reform Challenge

By Lewis Nibbelin, Contributing Writer, Triple-I The Florida House’s attempt to curtail recent legal system reforms met firm resistance from the state Senate this week, preserving the 2022 and 2023…

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Why your EV insurance premium is costlier and features you must have in EV motor insurance policy

Electric vehicle insurance premiums are notably higher than those for traditional cars due to EVs' higher purchase prices and costly battery replacements. Specialized parts, the need for trained technicians, and…

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Tariff Uncertainty May Strain Insurance Markets, Challenge Affordability

Chief Economist and Data Scientist, Dr. Michel Léonard Recent tariffs issued by U.S. President Donald Trump are on track to increase the price of parts and materials used in repairing…

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Higher motor insurance premium this year if more than 2 traffic challans levied last year? Here’s what experts say

Proposed rules linking traffic violations to higher insurance premiums are under consideration at present. Stricter rules for traffic violations are also being proposed. Experts anticipate that premium pricing might involve…

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Despite Progress, California Insurance Market Faces Headwinds

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 that impede progress, according to…

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