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Insurance Economics Outlook Q1 2023

Click here to see video on Q1 Insurance Economics Outlook. Slow underlying growth and inflation are among the biggest challenges facing U.S. auto, home, and business insurers, according to the Triple-I’s Q1 2023 Economic Outlook.

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Disasters + Preparedness In case of a tornado

March marks the start of tornado season. To protect yourself and your family in case of a tornado, Triple-I offers these tips on seeking shelter and protecting your property. See also: Tornado facts and safety; Facts + Statistics: Tornadoes and thunderstorms; Video: Tornado safety and How to file a homeowners claim.

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I.I.I. Glossary

B-SHARE VARIABLE ANNUITY- A form of variable annuity contract with no initial sales charge but if the contract is cancelled the holder pays deferred sales charges (usually from 5 to 7 percent the first year, declining to zero after from 5 to 7 years). The most common form of annuity contract.

THIRD-PARTY ADMINISTRATOR- Outside group that performs clerical functions for an insurance company.

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Michigan’s Auto Insurance Reform Law Reducing Costs, Paper Finds

For Immediate Release New York Press Office: Michael Barry, 917-923-8245, michaelb@iii.org     NEW YORK, April 4, 2023—Michigan’s personal auto insurers are paying out less in claims and drivers are paying less in premiums since changes were made to the state’s no-fault system in 2020 and… Read More

Triple-I: Insurers Responding Swiftly to Series of Deadly Tornadoes

For immediate release  New York Press Office: Loretta Worters, 917-208-8842, lorettaw@iii.org       NEW YORK, April 3, 2023—U.S. Read More

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Events Calendar

A World of Resilience
April
30
2023
Join RISKWORLD at A World of Resilience conference from April 30- May 3, 2023 in Atlanta, Ga. Checkout event website.
2023 CAS Spring Meeting
May
07
2023
CAS theme this year is Navigate. Predict. Lead. The Spring conference will be held in Boston, MA from May 7-10, 2023 and focus on preparing attendees to navigate the changing industry and equip them with the tools to innovate the profession. Checkout event website.
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