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Don’t drive without third party insurance: It’s mandatory and can save you from crippling liabilities
It’s mandatory, affordable, and your best defence against crippling liabilities.
Month: November 2025
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Despite Headwinds,P/C Insurance Industry Maintains Course in 2025
By William Nibbelin, Senior Research Actuary, Triple-I The U.S. property/casualty (P/C) insurance industry is on track for a second consecutive year of underwriting profitability in 2025, and is proje
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Single trip vs. multi-trip: Which travel insurance should you go for?
International travel insurance is crucial for financial protection against unforeseen events like medical emergencies or lost baggage. Travelers must choose between single-trip and multi-trip policies
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Florida Governor Touts Auto Insurance Rebates, Tort Reform Success
By Jeff Dunsavage, Senior Research Analyst, Triple-I Florida Gov. Ron DeSantis announced last week that state regulators have secured nearly $1 billion in premium refunds for Progressive auto ins
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Does Quiet Hurricane Season Mean Lack of Experience for Adjusters?
A lack of bad weather isn’t always a good thing. It looks like the 2025 Atlantic hurricane season is wrapping up in quiet fashion—aside from [Read More…]
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Trafigura Lawyers Claim Gupta Had History of Fraud Before Alleged $600M Nickel Scam
Trafigura lawyers accused Prateek Gupta of having had a history of fraudulent dealings before he allegedly organized a $600 million metals scam with the commodity [Read More…]
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Claims Severity Drives Liability Insurance Losses
By William Nibbelin, Senior Research Actuary, Triple-I Economic and social inflation have added a staggering $231.6 billion to $281.2 billion in increased liability insurance losses and Defense and Co
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OpenAI Says ChatGPT Not to Blame in Teen’s Death by Suicide
OpenAI defended itself against a lawsuit accusing ChatGPT of coaching a 16-year-old to kill himself, saying the chatbot directed the teenager to seek help more [Read More…]
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Insurance Fraud in UK Topped £1B in 2024, With Motor Scams Causing 53% of Claims
Insurers in the UK detected £1.16 billion (US$1.5 billion) worth of fraudulent insurance claims in 2024 – a 2% increase from £1.14 billion reported during [Read More…]
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Philadelphia Transit Agency Vows It’s Upgrading Railcars Implicated in Fires
Pennsylvania Gov. Josh Shapiro and leaders of Philadelphia’s mass transit agency said Monday that the system is fully complying with federal orders to take measures [Read More…]