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Insurance Information Institute reports Florida auto insurers cutting personal rates by 6.5%
September 22, 2025
The Insurance Information Institute announced on the social media platform X that Florida's top five auto insurers are set to reduce personal auto rates by an average of 6.5% statewide.
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Insurance Information Institute reports $42.8B in excess motor vehicle tort litigation
September 16, 2025
The Insurance Information Institute (Triple-I) announced in a press release that its analysis found $42.8 billion in excess litigation value from motor vehicle tort cases filed in U.S. federal and state civil courts between 2014 and 2023.
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Insurance Information Institute reports Ting cut fire claims by 63% over three years
July 28, 2025
The Insurance Information Institute has announced that a study found the Ting IoT fire prevention solution reduced non-catastrophic fire claims by an estimated 63% within three years of installation.
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Insurance Information Institute ranks Texas sixth least affordable for homeowners insurance
July 16, 2025
The Insurance Information Institute has released an analysis of Texas property and casualty insurance, highlighting the complex risks in the state and ranking it as the sixth least affordable for homeowners insurance in the United States.
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Insurance Information Institute reports mixed underwriting outlook for U.S. property/casualty insurance industry
July 11, 2025
The Insurance Information Institute announced in a press release that the U.S. property/casualty insurance industry began 2025 with a mixed underwriting outlook, according to a new report from the institute and Milliman.
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Insurance Information Institute names Patrick Schmid chief insurance officer
July 7, 2025
The Insurance Information Institute has announced that Patrick Schmid will assume the role of chief insurance officer on July 11, 2025.
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Insurance Information Institute releases guide on the growing impact of legal system abuse
June 26, 2025
The Insurance Information Institute and Munich Reinsurance America have released a new consumer guide addressing the growing impact of legal system abuse and its financial toll on U.S. consumers and businesses, according to a press release.
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Insurance Information Institute: U.S. insurers paid $1.04 billion in lightning-related homeowners insurance claims
June 26, 2025
The Insurance Information Institute announced that U.S. insurers paid $1.04 billion in lightning-related homeowners claims in 2024, marking a 16.5% decrease from the previous year.
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Insurance Information Institute says attorney ads and third-party funding fuel legal system abuse
June 5, 2025
The Insurance Information Institute has issued a press release highlighting concerns about attorney advertising and third-party litigation funding, which it claims are contributing to legal system abuse and impacting the insurance industry.
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