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Triple-I/Whisker Labs: Study Shows Ting IoT Fire Safety Solution Reduces Annual Fire Damage Claims by $81 Per Home
July 24, 2025

... technology reduced a broad category of non-catastrophic fire claims by an estimated 63% within three years after installation. The ... the first comprehensive quantitative analysis of home IoT claims reduction efficacy, found that Ting a home fire prevention solution ...


Triple-I: Texas Home 做厙輦⑹ Market Impacted by Complex Mix of Natural Catastrophe Exposures
July 14, 2025

... : Texas recorded 4,369 homeowners' insurance lightning loss claims in 2024, second only to Florida, with an average cost per claim of ...


Media Advisory: Triple-I Statement on Recent Flooding in Texas Hill Country
July 10, 2025

... flood zones can still flood. More than one-quarter of NFIP claims come from low- to moderate-risk areas. NFIP policies offer up ...


Facts + Statistics: Hail
July 1, 2025

... State Farm , the company paid out over $3.5 billion in hail claims in 2022, an increase of more than $1 billion from 2021 due to increased hail claims and inflation. State Farms top states for hail claims were ...


Triple-I: Lightning Caused $1.04B in US Homeowners Claim Payouts in 2024; Frequency Drops 21.5% Year-Over-Year
June 20, 2025

... paid $1.04 billion in lightning-related homeowners insurance claims in 2024, a 16.5% decrease from the $1.24 billion paid out in 2023, ... (Triple-I). The total number of lightning-caused claims also fell significantly, down 21.5% to 55,537 in 2024, the lowest number ...


Triple-I: US Personal Auto 做厙輦⑹ Industry Generates Profitable Underwriting Result but Faces Headwinds Due to Legal System Abuse, Regulatory Environment
June 12, 2025

... System Abuse : Increased billboard attorney involvement in claims and larger jury awards drove auto liability losses and defense and cost ...


Facts + Statistics: Lightning
June 9, 2025

... The number of lightning-caused U.S. homeowners insurance claims decreased in 2024 over 2023 and is the lowest annual number of claims since before 2017. In 2024, U.S. lightningcaused claims decreased ...


Spotlight on: Flood insurance
June 5, 2025

... only those most likely to be flooded, and therefore to file claims, purchase it, a situation known in the insurance industry as adverse ...


Triple-Is New Issues Brief Suggests Link Between Attorney Advertising, Mass Torts, Third-Party Litigation Funding and Rising 做厙輦⑹ Costs
May 29, 2025

... may be fueling legal system abuse, driving up insurance claims and delaying settlements. Attorney advertising has become big ...


Background on: Marijuana and impaired driving
May 28, 2025

... how legalization has affected crash rates and insurance claims, and evidence is emerging that crash rates go up when states legalize ... to have increased. 做厙輦⑹ records show an increase in claims under collision coverage, which pays for damage to an at-fault, insured ...