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Florida’s P/C market stabilizing due to legislative reforms that curbed legal system abuse practices of billboard attorneys

Florida’s legislative reforms to address legal system abuse and claim fraud are stabilizing the state’s p/c insurance market, according to a new Issues Brief published by the Triple-I. See also: Triple-I Blog.

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Severe convective storm risks reshape U.S. property insurance market
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Triple-I chart of the week: Women’s representation among underwriters
Disasters + Preparedness California Wildfires Update
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Disasters + Preparedness Wildfires: insurance and recovery resources

Following a wildfire or other disaster, getting back to normal can take some time. To assist in the recovery process, the Triple-I has compiled useful information around post-disaster safety, insurance coverage questions, and detailed guidance on how to file a claim. See also, Facts + Statistics: Wildfires and When disaster strikes: preparation, response and recovery for your business.

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Homeowners Facts + Statistics: Winter storms
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HBCU IMPACT: Bridging the insurance talent gap

To amplify the Triple-I commitment to Diversity, Equity, and Inclusion (DEI) in the workplace, Triple-I partnered with HBCU IMPACT®, whose mission is to increase the number of Black professionals in the insurance, risk management, financial services, and legal industries. View videos: HBCU Impact.

Executive Exchange with Michael Berger, Head of Insure AI at Munich Re HSB
Insurance Industry Insurance Economics for Property Casualty
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About the Industry Triple-I Issues Briefs: State of the risk; Trends and Insights
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I.I.I. Glossary

PREMIUMS WRITTEN- The total premiums on all policies written by an insurer during a specified period of time, regardless of what portions have been earned. Net premiums written are premiums written after reinsurance transactions.

ADJUSTER- An individual employed by a property/casualty insurer to evaluate losses and settle policyholder claims. These adjusters differ from public adjusters, who negotiate with insurers on behalf of policyholders, and receive a portion of a claims settlement. Independent adjusters are independent contractors who adjust claims for different insurance companies.

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Triple-I: Florida’s P/C Market Stabilizing Due to Legislative Reforms that Curbed Legal System Abuse Practices of Billboard Attorneys

Florida Press Office Mark Friedlander MarkF@iii.org 904-806-7813 JACKSONVILLE, Fla., March 4, 2025 – Florida’s legislative reforms to address legal system abuse and claim fraud are stabilizing the state’s property/casualty insurance market, according to a new Issues Brief published by the Insurance… Read More

Triple-I: Legislative Reform Essential to Address Impacts of Legal System Abuse on Insurance Costs for Georgia Consumers and Businesses

For Immediate Release  Loretta Worters New York Press Office 917-208-8842 lorettaw@iii.org    MALVERN, Pa., Feb.13, 2025 — A comprehensive tort reform package moving through the Georgia General Assembly is essential to addressing the impacts of legal system abuse on the costs of insur… Read More

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Events Calendar

CAS RPM Seminar
March
12
2025
Triple-I Chief Insurance Officer Dale Porfilio will be presenting at the Casualty Actuarial Society (CAS) Ratemaking, Product, and Modeling (RPM) Seminar, taking place from March 9 to March 12, 2025, in Orlando, Florida. Checkout event website.
2025 AAIS Main Event
April
06
2025
Triple-I CEO Sean Kevelighan will presenting at the 2025 AAIS Main Event in Clearwater Beach, FL which will be held from April 6 to April 8, 2025. Join more than 300 professionals representing AAIS Member carriers, insurance regulators, AAIS Partners, and other insurance product and service organizations. Industry experts and thought leaders will convene for engaging and informative sessions, panel discussions, and unique networking opportunities. Checkout event website.
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