Triple-I Weblog | Hail: The “Loss of life by 1,000 Paper Cuts” Peril – Tech Cyber Internet

Triple-I Weblog | Hail: The “Loss of life by 1,000 Paper Cuts” Peril
 – Tech Cyber Internet

By Lewis Nibbelin, Contributing Author, Triple-I Earlier this 12 months, baseball-sized hailstones in Denver totaled automobiles and pummeled properties and companies in the course of the second-costliest hailstorm in Colorado historical past, equating to billions in damages. Melon-sized stones hit Texas the identical month, downing energy traces and requiring snow plows to reopen roads. Hail … Read more

Triple-I Weblog | Insurance coverage Trade Poised for Vital Hiring Surge – Tech Cyber Internet

The insurance coverage business is poised for vital employment progress within the coming 12 months, with over half of insurers planning to extend their workforce, regardless of ongoing challenges in recruitment and retention, in response to a current research by the Jacobson Group and Ward/STG Efficiency Benchmarking. The Q1 2024 Insurance coverage Labor Market Survey … Read more

Triple-I Weblog | Investing in Resilience Supplies Important Financial Advantages: Allstate/U.S. Chamber – Tech Cyber Web

Each $1 invested in catastrophe resilience and preparedness saves $13 in financial affect, property harm and cleanup prices, emphasizing the worth of proactive measures in mitigating the monetary toll of pure disasters on U.S. communities and companies, in response to a brand new report from Allstate, the U.S. Chamber of Commerce, and the U.S. Chamber … Read more

Triple-I Weblog | Canine-Associated Harm Claims Proceed to Improve; Common Payout Declines – Defend Cyber

Triple-I Weblog | Canine-Associated Harm Claims Proceed to Improve; Common Payout Declines
 – Defend Cyber

By Max Dorfman, Analysis Author, Triple-I Insurers paid $1.12 billion in dog-related harm claims in 2023, based on analysis by Triple-I and State Farm. The overall variety of dog-bite and associated claims was 19,062 in 2023 – a rise of greater than 8 % from 2022 and an increase of 110 % over the previous … Read more

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