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Insurance Information Institute, Inc

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uuid0007lev

Namestring
Insurance Information Institute, Inc
Legal namestring
Insurance Information Institute, Inc.
Websiteurl
iii.org
Company typeenum
Private
Founded yearint
1957
Descriptiontext

Insurance Information Institute, Inc. (Triple-I) is a New York-based non-profit research and advocacy organization founded in 1957 that serves as the industry-aligned communications and analytics body for the U.S. property/casualty insurance sector. Its members collectively write nearly 50% of U.S. P/C premiums, and the organization delivers data-driven insights to four primary segments: P/C insurance industry professionals, consumers, public policymakers, and media. Core products and underlying technology include the Resilience Accelerator (an interactive data visualization platform covering 1,203 counties across 19 states with flood, hurricane, and community resilience ratings built on county-level and flood-zone-specific NFIP take-up data from 2010–2021), joint research publications such as RiskScan 2026 (co-published with Munich Re US, surveying 800+ U.S. and U.K. insurance buyers and sellers), Issues Briefs, the annual Insurance Facts statistical reference, and state-level legal system abuse advocacy campaigns. The business model is membership-based, with recurring annual member dues funding members-only research, economic briefings, and quarterly underwriting projections co-produced with Milliman; free public content (educational articles, fact sheets, the Triple-I Insurance Blog, daily newsletter, YouTube video library) extends reach to consumers and policymakers. The organization is led by CEO Sean Kevelighan and Chief Economist Dr. Michel Léonard, operates a secondary office in Malvern, Pennsylvania, and has no parent company, subsidiaries, or disclosed venture or equity funding.

Short descriptiontext

Triple-I is a New York-based non-profit founded in 1957 that delivers data-driven insurance research, analytics, and advocacy to P/C insurers (covering ~50% of U.S. premiums), consumers, policymakers, and media via publications, the Resilience Accelerator platform, and membership subscriptions.

Operating statusenum
Operating
Ownership categoryenum
Headcount rangeband
11–50
akta.pro rankint
HeadquartersNew York, United States
HQ citystring
New York
HQ countrystring
United States
HQ regionstring
North America
Markets served

Serves global market

Offices2 records

Each record includes

City, Country, Type, Description, Source

Keyword5 values
insurance industry research, property casualty insurance data, catastrophe risk analytics, insurance consumer education, risk thought leadership
Industry1 code
1Third-Party/Vendor Risk & Due Diligence
CodeBPAHAFAGPrimaryYes
NAICS code1 code
  • Agencies, Brokerages, and Other Insurance Related Activities5242
SIC code1 code
  • Insurance Agents, Brokers & Service6411
Product category
Insurance Industry Research and Education Services
GTM motion2 records

Each record includes

Type, Description, Source

Revenue model1 record
1Membership Program
TypeSubscription Recurring
Description

Triple-I operates as a membership-based organization serving property/casualty insurers and insurance industry professionals. Members receive exclusive access to research, data, briefings, and publications. The organization represents nearly 50% of U.S. property/casualty insurance premiums through member companies.

iii.org
Marketing channels8 records

Each record includes

Title, Type, Stage, Description, Source

Distribution channels4 records

Each record includes

Title, Type, Scope, Target buyer, Description, Source

Cost components5 values
Personnel, Operations, Marketing or Sales, Technology or R&D, Others
Pricing details1 tier
1Membership Program
ModelSubscriptionBilling cadenceAnnual
Notes

Membership details available upon inquiry; members receive exclusive access to research data, economic indicators, underwriting projections, and professional networking.

iii.org
GTM typeB2B
B2B
Offering typeServices
Services
Brand1 of 3 records shown
1Resilience Accelerator
Description

An initiative to help drive behavioral change regarding pre-emptive risk mitigation with peril maps, resilience ratings, and community data.

iii.org
+2 more records
Core offering1 text field

Triple-I is a non-profit insurance research, education, and advocacy organization that delivers data-driven insights to property/casualty insurers, consumers, policymakers, and media. Its commercial core is a membership program that grants members access to proprietary research, economic indicators, underwriting projections, and networking. It complements this with the Resilience Accelerator data-visualization platform, joint research publications (RiskScan, Issues Briefs, Insurance Facts), and public-awareness advocacy campaigns on issues such as legal system abuse and disaster preparedness.

Differentiator
Functional benefit
Problem solved
Quantifiable outcome1 of 2 values shown
  • Resilience Ratings tool covers 1,203 counties across 19 states
+1 more record
Product overview1 text field

The Insurance Information Institute (Triple-I) operates as a research and educational organization providing data-driven insights on insurance to consumers, industry professionals, and public policymakers. Triple-I offers a portfolio of research publications (including RiskScan reports and Issues Briefs), an interactive data visualization platform (Resilience Accelerator), advocacy programs (Legal System Abuse Awareness Campaigns), and educational resources (Insurance Facts, Facts and Statistics pages, and the I.I.I. Insurance Blog). The organization functions as a thought leadership and industry advocacy body rather than a software product company, with its offerings focused on research, data analysis, and public education about insurance risks and industry economics.

Product and service7 records
1Triple-I Membership Program
CategoryMembership Subscription
Description

An annual subscription membership granting property/casualty insurers, reinsurers, brokers, agents, and industry professionals access to exclusive Triple-I research, data, economic indicators, underwriting projections, briefings, and networking. The membership base collectively represents nearly 50% of U.S. property/casualty premiums.

2Resilience Accelerator
CategoryData Visualization Platform
Description

An interactive online data-visualization platform providing flood and hurricane peril maps, community Resilience Ratings, and historical NFIP flood insurance take-up rate data for 1,203 counties across 19 states along the Eastern Seaboard and Gulf of Mexico. It helps insurers, home- and businessowners, and decisionmakers assess and understand disaster risk.

3RiskScan 2026
CategoryResearch Report
Description

A joint cross-market research study with Munich Re US surveying more than 800 U.S. insurance buyers and sellers about evolving risk perceptions and interconnected exposures, with international comparison to the U.K. market. Identifies top risk concerns including cyber incidents, business interruption, natural catastrophes, and AI.

4Triple-I Issues Briefs
CategoryResearch Publication
Description

An ongoing series of in-depth analytical reports covering specific insurance topics including flood risk, hurricane risk, legal system abuse, Lloyd's marketplace role, and other emerging issues facing the insurance industry.

5Insurance Facts
CategoryReference Publication
Description

An annual statistical reference publication providing insurance industry data, trends, and analysis across auto, homeowners, life, and commercial insurance lines.

6Legal System Abuse Awareness Campaigns
CategoryAdvocacy Program
Description

A multi-state advocacy program targeting public awareness of legal system abuse and its impact on insurance affordability. Campaigns have run in Oklahoma, Wisconsin, Missouri, and Georgia, combining digital billboards, Facebook ads, and letter-writing initiatives that have achieved a 15% click-through rate in Georgia.

7Triple-I Daily Newsletter
CategoryNewsletter Subscription
Description

A daily email newsletter providing insurance industry news, analysis, and members-only exclusive content to subscribers.

Scale indicator8 records

Each record includes

Type, Value, Description, Source

Partnership6 partners
Strategic tierCoreTypeStrategic or Co-development PartnerAnnounced on2026-06-08
Description

Triple-I and Munich Re US co-published RiskScan 2026, a comprehensive cross-market research study examining evolving risk perceptions and interconnected exposures across U.S. and U.K. insurance markets. The survey of over 800 U.S.-based insurance buyers and sellers identified cyber incidents, business interruption, natural catastrophes, and AI as top risk concerns.

Strategic tierCoreTypeStrategic or Co-development PartnerAnnounced on2026-04-01
Description

Triple-I and cybersecurity firm Fenix24 published a joint report examining internal cybersecurity practices among property/casualty insurers. The report found significant gaps remain in patching cadence, authentication practices, and recovery testing, with business email compromise representing 56% of reported claims versus ransomware at 19%.

Strategic tierMinorTypeStrategic or Co-development PartnerAnnounced on2026-02-01
Description

Triple-I published an issues brief highlighting Lloyd's insurance marketplace as a critical component of the U.S. economy. The U.S. is Lloyd's largest market, generating approximately $32.7 billion in gross written premiums and receiving $13 billion in claims annually, with Lloyd's supplying over $20 billion in U.S. surplus lines capacity in 2024.

Strategic tierCoreTypeStrategic or Co-development PartnerAnnounced on2025-10-01
Description

Triple-I and the Casualty Actuarial Society published analysis finding that legal system abuse significantly contributed to increased liability insurance losses over the past decade, with total losses estimated between $231.6 billion and $281.2 billion, surpassing inflation alone.

Strategic tierCoreTypeStrategic or Co-development Partner
Description

Triple-I and Milliman collaborate on insurance economics and underwriting projections, providing quarterly industry outlook briefings to members. Joint analysis covers P/C industry growth, combined ratios, premium growth, and rate impact across all major product lines.

Strategic tierMinorTypeOthers
Description

Triple-I cites data from The Perryman Group showing that legal system abuse costs Wisconsin residents $1,355 per year and Oklahoma residents $979 per year, with significant job losses attributed to the issue in both states.

Recent move6 records

Each record includes

Date, Type, Title, Description, Source

Expansion highlight4 records

Each record includes

Type, Description

Market position
Strengths4 records

Each record includes

Headline, Details, Source

Competitive moat4 records

Each record includes

Type, Details

Key risks5 records

Each record includes

Headline, Details, Source

Key highlights6 records

Each record includes

Headline, Details, Source

Customer concentration

Classification, Details

Segment4 records

Each record includes

Title, Type, Primary, Description, Pain point addressed, Use case, Source

Ideal customer profile4 records

Each record includes

Profile, Firmographic size, Sales motion, Sales cycle length, Buying structure, Purchase trigger, Buyer persona, Geography, Industry vertical, Primary use case, Description, Pain points, Evidence proof points, Target buyer

Technology focused
No
API detail
Has APIbool
No

Docs URL, Description

AI maturity
App detail

Has app

Feature3 records

Each record includes

Title, Differentiator, Description, Source

Core technology
Revenue estimate
Valuation estimate
Number of profiles
Profiles7 records

Each record includes

Name, Designation, Designation category, Overview, Profile commentary, Source

No data
No data
Funding overview

Funding stage, Last funding date, Total funding USD

Funding rounds

Each record includes

Round, Amount USD, Date, Pre money valuation, Total investors, Investors, News

Investors

Each record includes

Name, Type, Date of entry, Rounds participated, Website

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Each record includes

Name, Acquisition type, Announced date, Completed date, Status, Website, News

Investment

Each record includes

Name, Round, Announced date, Lead investor, Website, News

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Insurance Information Institute, Inc

Insurance Industry Research and Education Servicesiii.org

Triple-I is a New York-based non-profit founded in 1957 that delivers data-driven insurance research, analytics, and advocacy to P/C insurers (covering ~50% of U.S. premiums), consumers, policymakers, and media via publications, the Resilience Accelerator platform, and membership subscriptions.

What Insurance Information Institute, Inc does

Insurance Information Institute, Inc. (Triple-I) is a New York-based non-profit research and advocacy organization founded in 1957 that serves as the industry-aligned communications and analytics body for the U.S. property/casualty insurance sector. Its members collectively write nearly 50% of U.S. P/C premiums, and the organization delivers data-driven insights to four primary segments: P/C insurance industry professionals, consumers, public policymakers, and media. Core products and underlying technology include the Resilience Accelerator (an interactive data visualization platform covering 1,203 counties across 19 states with flood, hurricane, and community resilience ratings built on county-level and flood-zone-specific NFIP take-up data from 2010–2021), joint research publications such as RiskScan 2026 (co-published with Munich Re US, surveying 800+ U.S. and U.K. insurance buyers and sellers), Issues Briefs, the annual Insurance Facts statistical reference, and state-level legal system abuse advocacy campaigns. The business model is membership-based, with recurring annual member dues funding members-only research, economic briefings, and quarterly underwriting projections co-produced with Milliman; free public content (educational articles, fact sheets, the Triple-I Insurance Blog, daily newsletter, YouTube video library) extends reach to consumers and policymakers. The organization is led by CEO Sean Kevelighan and Chief Economist Dr. Michel Léonard, operates a secondary office in Malvern, Pennsylvania, and has no parent company, subsidiaries, or disclosed venture or equity funding.

Insurance Information Institute, Inc firmographics

Firmographics
Name
Insurance Information Institute, Inc
Legal name
Insurance Information Institute, Inc.
Website
https://iii.org
Company type
Private
Founded year
1957
Operating status
Operating
Headcount range
11–50 employees
Short description
Triple-I is a New York-based non-profit founded in 1957 that delivers data-driven insurance research, analytics, and advocacy to P/C insurers (covering ~50% of U.S. premiums), consumers, policymakers, and media via publications, the Resilience Accelerator platform, and membership subscriptions.
Ownership category
akta.pro rank

Insurance Information Institute, Inc industry classification

Industry
Product category
Insurance Industry Research and Education Services
NAICS
Agencies, Brokerages, and Other Insurance Related Activities (5242)
SIC
Insurance Agents, Brokers & Service (6411)
akta.pro primary industry
Third-Party/Vendor Risk & Due Diligence (BPAHAFAG)

Keywords

  • Insurance industry research
  • Property casualty insurance data
  • Catastrophe risk analytics
  • Insurance consumer education
  • Risk thought leadership

Where Insurance Information Institute, Inc is headquartered

Location

Headquarters

HQ city
New York
HQ country
United States
HQ region
North America

Offices2 records

Markets served

Insurance Information Institute, Inc business model

Business model
GTM type
B2B
Offering type
Services
Cost components
Personnel, Operations, Marketing or Sales, Technology or R&D, Others

Revenue model

  1. Membership Program: Triple-I operates as a membership-based organization serving property/casualty insurers and insurance industry professionals. Members receive exclusive access to research, data, briefings, and publications. The organization represents nearly 50% of U.S. property/casualty insurance premiums through member companies.

Pricing tiers

ModelBillingPrice
SubscriptionAnnualMembership Program

Go-to-market motion2 records

Distribution channels4 records

Marketing channels8 records

Insurance Information Institute, Inc product offering

Product offering

Core offering

Triple-I is a non-profit insurance research, education, and advocacy organization that delivers data-driven insights to property/casualty insurers, consumers, policymakers, and media. Its commercial core is a membership program that grants members access to proprietary research, economic indicators, underwriting projections, and networking. It complements this with the Resilience Accelerator data-visualization platform, joint research publications (RiskScan, Issues Briefs, Insurance Facts), and public-awareness advocacy campaigns on issues such as legal system abuse and disaster preparedness.

Product overview

The Insurance Information Institute (Triple-I) operates as a research and educational organization providing data-driven insights on insurance to consumers, industry professionals, and public policymakers. Triple-I offers a portfolio of research publications (including RiskScan reports and Issues Briefs), an interactive data visualization platform (Resilience Accelerator), advocacy programs (Legal System Abuse Awareness Campaigns), and educational resources (Insurance Facts, Facts and Statistics pages, and the I.I.I. Insurance Blog). The organization functions as a thought leadership and industry advocacy body rather than a software product company, with its offerings focused on research, data analysis, and public education about insurance risks and industry economics.

Differentiator

Problem solved

Functional benefit

Brands

  • Resilience Accelerator: An initiative to help drive behavioral change regarding pre-emptive risk mitigation with peril maps, resilience ratings, and community data.
  • The Triple-I Insurance Blog
  • Triple-I Daily Newsletter

Products and services

  • Triple-I Membership Program An annual subscription membership granting property/casualty insurers, reinsurers, brokers, agents, and industry professionals access to exclusive Triple-I research, data, economic indicators, underwriting projections, briefings, and networking. The membership base collectively represents nearly 50% of U.S. property/casualty premiums.
  • Resilience Accelerator An interactive online data-visualization platform providing flood and hurricane peril maps, community Resilience Ratings, and historical NFIP flood insurance take-up rate data for 1,203 counties across 19 states along the Eastern Seaboard and Gulf of Mexico. It helps insurers, home- and businessowners, and decisionmakers assess and understand disaster risk.
  • RiskScan 2026 A joint cross-market research study with Munich Re US surveying more than 800 U.S. insurance buyers and sellers about evolving risk perceptions and interconnected exposures, with international comparison to the U.K. market. Identifies top risk concerns including cyber incidents, business interruption, natural catastrophes, and AI.
  • Triple-I Issues Briefs An ongoing series of in-depth analytical reports covering specific insurance topics including flood risk, hurricane risk, legal system abuse, Lloyd's marketplace role, and other emerging issues facing the insurance industry.
  • Insurance Facts An annual statistical reference publication providing insurance industry data, trends, and analysis across auto, homeowners, life, and commercial insurance lines.
  • Legal System Abuse Awareness Campaigns A multi-state advocacy program targeting public awareness of legal system abuse and its impact on insurance affordability. Campaigns have run in Oklahoma, Wisconsin, Missouri, and Georgia, combining digital billboards, Facebook ads, and letter-writing initiatives that have achieved a 15% click-through rate in Georgia.
  • Triple-I Daily Newsletter A daily email newsletter providing insurance industry news, analysis, and members-only exclusive content to subscribers.

Quantifiable outcome

  • Resilience Ratings tool covers 1,203 counties across 19 states
  • +1 more outcomes

Companies that use Insurance Information Institute, Inc

Customer profile

Segments4 records

Ideal customer profiles4 records

Insurance Information Institute, Inc technology and API

Technology

Technology focussed No

API detail

Has API
No
API docs
API detail

Core technology

AI maturity

App detail

Feature3 records

Insurance Information Institute, Inc partnerships and signals

Strategic signal

Partnerships

Six partnerships are on record, tiered core and minor.

  • Munich Re UScoreStrategic or Co-development Partner · 8 June 2026Triple-I and Munich Re US co-published RiskScan 2026, a comprehensive cross-market research study examining evolving risk perceptions and interconnected exposures across U.S. and U.K. insurance markets. The survey of over 800 U.S.-based insurance buyers and sellers identified cyber incidents, business interruption, natural catastrophes, and AI as top risk concerns.
  • Fenix24coreStrategic or Co-development Partner · 1 April 2026Triple-I and cybersecurity firm Fenix24 published a joint report examining internal cybersecurity practices among property/casualty insurers. The report found significant gaps remain in patching cadence, authentication practices, and recovery testing, with business email compromise representing 56% of reported claims versus ransomware at 19%.
  • Lloyd'sminorStrategic or Co-development Partner · 1 February 2026Triple-I published an issues brief highlighting Lloyd's insurance marketplace as a critical component of the U.S. economy. The U.S. is Lloyd's largest market, generating approximately $32.7 billion in gross written premiums and receiving $13 billion in claims annually, with Lloyd's supplying over $20 billion in U.S. surplus lines capacity in 2024.
  • Casualty Actuarial SocietycoreStrategic or Co-development Partner · 1 October 2025Triple-I and the Casualty Actuarial Society published analysis finding that legal system abuse significantly contributed to increased liability insurance losses over the past decade, with total losses estimated between $231.6 billion and $281.2 billion, surpassing inflation alone.
  • MillimancoreStrategic or Co-development PartnerTriple-I and Milliman collaborate on insurance economics and underwriting projections, providing quarterly industry outlook briefings to members. Joint analysis covers P/C industry growth, combined ratios, premium growth, and rate impact across all major product lines.
  • The Perryman GroupminorOthersTriple-I cites data from The Perryman Group showing that legal system abuse costs Wisconsin residents $1,355 per year and Oklahoma residents $979 per year, with significant job losses attributed to the issue in both states.

Scale indicators8 records

Recent moves6 records

Expansion highlights4 records

Insurance Information Institute, Inc competitors and assessment

Company assessment

Market position

Strengths4 records

Competitive moat4 records

Key risks5 records

Key highlights6 records

Customer concentration

Insurance Information Institute, Inc social profiles

Digital presence

Insurance Information Institute, Inc financial estimates

Financial estimate

Revenue estimate

Valuation estimate

Insurance Information Institute, Inc leadership team

Management profile

Number of profiles

Profiles7 records

Insurance Information Institute, Inc funding detail

Funding detail

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

Insurance Information Institute, Inc M&A and investment

M&A and investment

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Insurance Information Institute, Inc

What does Insurance Information Institute, Inc do?

Triple-I is a non-profit insurance research, education, and advocacy organization that delivers data-driven insights to property/casualty insurers, consumers, policymakers, and media. Its commercial core is a membership program that grants members access to proprietary research, economic indicators, underwriting projections, and networking. It complements this with the Resilience Accelerator data-visualization platform, joint research publications (RiskScan, Issues Briefs, Insurance Facts), and public-awareness advocacy campaigns on issues such as legal system abuse and disaster preparedness.

Is Insurance Information Institute, Inc a public or private company?

Insurance Information Institute, Inc is a private company. It is classified as nonprofit foundation owned and is currently operating.

When was Insurance Information Institute, Inc founded?

Insurance Information Institute, Inc was founded in 1957. It employs 11 to 50 people.

Where is Insurance Information Institute, Inc based?

Insurance Information Institute, Inc is headquartered in New York, United States, in the North America region.

How does Insurance Information Institute, Inc make money?

One revenue line is on record: membership Program.

Does Insurance Information Institute, Inc have an API?

No public API is recorded for Insurance Information Institute, Inc.

What industry is Insurance Information Institute, Inc in?

Insurance Information Institute, Inc's product category is Insurance Industry Research and Education Services. Its primary akta.pro industry code is BPAHAFAG, Third-Party/Vendor Risk & Due Diligence. Its NAICS code is 5242 and its SIC code is 6411.

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Live signals
Carrier ManagementFinding Safer Ground: How Parcel-Level Data Is Redefining Wildfire Risk in CaliforniaA study by the Insurance Information Institute and Guidewire HazardHub found that thousands of properties in California ZIP codes labeled high-risk for wildfire carry far less exposure than ZIP-level models suggest. The findings indicate that more precise parcel-level data can identify safer ground in areas previously considered uninsurable.MorningstarTriple-I Launches Insurance Affordability Index to Provide State-by-State View of Insurance Costs and Market ConditionsTriple-I launched its Insurance Affordability Index, an interactive tool showing state-by-state insurance costs relative to household income. Nationally, personal auto insurance is 1.7% of median income (up 9% since 2020) and homeowners insurance is 2.4% (up 24%). The tool also tracks replacement costs and market availability factors.Business Wire BlogTriple-I Media Advisory: Washington Property Insurers Helping Customers Recover from Devastating Spokane FiresWashington property insurers are providing immediate relief to customers impacted by wildfires devastating the Spokane metropolitan area, offering additional living expenses coverage for displaced policyholders and covering fire losses to property and vehicles up to policy limits. The Insurance Information Institute (Triple-I) issued a media advisory explaining typical coverage under standard homeowners, renters, condo, and auto insurance policies for fire and smoke damage, along with recommended steps for filing claims. The advisory also notes that approximately 75% of U.S. drivers opt for optional comprehensive auto coverage that covers fire damage to vehicles.Insurance Business AmericaWildfire risk expanding beyond the West as national exposure grows, Triple-I findsA new report from the Insurance Information Institute (Triple-I) found that US wildfire risk is expanding beyond traditional Western states, with over 35,000 fires burning more than 3 million acres nationwide during the first half of 2026, as states including Florida, Georgia and Nebraska experienced record wildfire activity. The California insurance market's adjustment to wildfire losses, including the FAIR Plan's insured exposure growing from $50 billion in 2018 to $458 billion in 2024 and the Palisades Fire causing an estimated $30-50 billion in insured losses, is emerging as a preview of pressures facing other states. The findings suggest that underwriting models and mitigation strategies developed in California may become increasingly relevant for insurers and regulators in other regions as fire risk spreads nationally.FinancialContent Business PageTriple-I: 2026 Wildfire Season Highlights Expanding Risk Across the USThe Insurance Information Institute (Triple-I) released a members-only Issues Brief showing that over 35,000 fires burned more than 3 million acres nationwide during the first half of 2026, significantly exceeding 10-year averages, with Florida, Georgia and Nebraska experiencing record-setting wildfire activity. The report highlights that wildfire risk is expanding beyond the Western United States, with 42% of Western land burned during or immediately after heat waves and approximately 46 million homes now located in wildland-urban interface areas facing wildfire exposure. Experts emphasize that as populations grow in wildfire-prone areas and weather conditions become more extreme, resilience and mitigation efforts require collaboration among homeowners, communities, policymakers and the insurance industry.ReinsuranceNe.wsUS P&C insurance industry improving but geopolitical and cat risks loom: Triple-IA new report by the Insurance Information Institute (Triple-I) and Milliman projects improvement in the US property and casualty insurance industry through 2028, driven by favorable underwriting conditions and easing claims-cost pressures. The analysis shows personal lines experienced strong Q1 2026 results while workers' compensation remains well-positioned, though general liability and commercial auto continue to face elevated loss ratios. The report identifies geopolitical risks, particularly inflationary pressures from Persian Gulf tensions, and catastrophe risks as key threats to the industry's positive trajectory for the remainder of 2026.MorningstarTriple-I: Louisiana Insurance Reforms Begin to Deliver Rate Relief, but Challenges Remain Due to Impacts of Legal System Abuse, FraudLouisiana's property/casualty insurance market saw its first broad rate relief in 2025, with premiums falling 0.4% statewide and private passenger auto premiums dropping 5.8%. Homeowners rate growth slowed to 4.6% from 10.4%, but legal system abuse and fraud remain headwinds. The state's personal auto claims litigation rate exceeds twice the U.S. average.Insurance Business AmericaInsurers hail first-in-the-nation ban against litigation fundingNorth Carolina has become the first US state to ban third-party litigation funding, with Governor Josh Stein signing House Bill 315 into law this week, making it unlawful for outside parties to finance civil litigation in exchange for a financial stake tied to case outcomes. The law authorizes the state attorney general to seek injunctions and civil penalties of up to $50,000 per violation, and passed with overwhelming bipartisan support (112-0 in the House, 45-1 in the Senate). The Insurance Information Institute welcomed the legislation, arguing that third-party litigation investment has become a major driver of legal system abuse, and the ban marks a significant escalation beyond the disclosure measures being considered in other states.ReinsuranceNe.wsTriple-I reports significant increase in US lightning-related insurance losses during 2025The Insurance Information Institute (Triple-I) reported a 59% increase in lightning-related homeowners insurance losses across the United States in 2025, with insurers paying an estimated $1.65 billion in claims, up from $1.04 billion in 2024. The average claim value climbed 42.8% to $26,616, driven by higher construction and repair costs, inflationary pressures on labour and materials, and the growing presence of high-value electronic devices and smart-home technology in residential properties. Florida, Texas and California recorded the highest number of claims, with Texas also posting the highest average claim cost at $60,382.Business Wire BlogTriple-I: Lightning Caused $1.65 Billion in US Homeowners Claim Payouts in 2025; Average Cost Per Claim Surges Nearly 43%U.S. insurers paid an estimated $1.65 billion in lightning-related homeowners insurance claims in 2025, a 59% increase from $1.04 billion in 2024, according to the Insurance Information Institute (Triple-I). The average cost per claim surged 42.8% to $26,616, driven by rising reconstruction costs, inflation, and increasingly sophisticated home electronics. Florida, California, and Texas led the nation in claim frequency, with Texas recording the highest average cost per claim at $60,382.