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Triple-I Weblog | Altering Dangers, Rising Prices Drive Insurance coverage Transformation for 2025: Majesco – Melissas Meals Freedom

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The panorama of threat is present process a dramatic transformation, changing into more and more advanced, frequent, and unpredictable. This new actuality calls for a basic shift in how companies and insurers method threat evaluation and administration, in response to a white paper by Majesco on developments shaping insurance coverage in 2025. Insurance coverage operational … Read more

Triple-I Weblog | US Shoppers See Hyperlink Between Lawyer Involvement in Claims and Increased Auto Insurance coverage Prices: New IRC Report – Melissas Meals Freedom

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Triple-I Weblog | US Shoppers See Hyperlink Between Lawyer Involvement in Claims and Increased Auto Insurance coverage Prices: New IRC Report – Melissas Meals Freedom

In line with a brand new survey performed by the Insurance coverage Analysis Council (IRC), most customers imagine lawyer promoting will increase the variety of claims and lawsuits and the price of auto insurance coverage. The report, Public Opinions on Lawyer Involvement in Claimsanalyzes shopper opinions on lawyer involvement in insurance coverage claims and expands … Read more

Triple-I Weblog | Georgia Is Among the many Least Reasonably priced States for Auto Insurance coverage – Melissas Meals Freedom

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Triple-I Weblog | Georgia Is Among the many Least Reasonably priced States for Auto Insurance coverage – Melissas Meals Freedom

By Max Dorfman, Analysis Author, Triple-I Georgia’s private auto insurance coverage affordability has considerably worsened over the previous decade and a half, making it one of many least reasonably priced states, in keeping with a brand new report by the Insurance coverage Analysis Council (IRC) – a division of The Institutes, like Triple-I. The examine, … Read more

Triple-I Weblog | Investing in Resilience Offers Vital Financial Advantages: Allstate/U.S. Chamber – Melissas Meals Freedom

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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 keeping with 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

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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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