Insurance Information Institute (@iiiorg) 's Twitter Profile
Insurance Information Institute

@iiiorg

Triple-I, the trusted voice of risk and insurance; providing unique, data-driven insights to educate, elevate, and connect consumers & industry professionals.

ID: 36736490

linkhttp://www.iii.org calendar_today30-04-2009 18:38:26

16,16K Tweet

25,25K Followers

1,1K Following

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💬 "We have a medical data call in the comp system. We use that information to adjust pricing when fee schedules change. The #workerscomp system has built-in safeguards to help maintain profitability." — Donna Glenn, NCCI #JIF2025

💬 "We have a medical data call in the comp system. We use that information to adjust pricing when fee schedules change. The #workerscomp system has built-in safeguards to help maintain profitability." — Donna Glenn, <a href="/NCCI/">NCCI</a> 

#JIF2025
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💬 "When it comes to legal system abuse, attorneys are leveraging robocalls to reach people within 24 hours of an accident. The RiskStream Rapid X app will help #insurers share data after an accident and stay ahead." — Patrick Schmid 🔗, The Institutes RiskStream Collaborative

💬 "When it comes to legal system abuse, attorneys are leveraging robocalls to reach people within 24 hours of an accident. The RiskStream Rapid X app will help #insurers share data after an accident and stay ahead." — <a href="/PatrickG_Schmid/">Patrick Schmid 🔗</a>, The Institutes RiskStream Collaborative
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💬 “The promise of predictive analytics is running up against the problem of data,” said James Bilodeau, CEO of PreFix at #JIF2025. Bilodeau explored how in-home data could transform risk scoring, customer engagement, and the cost of #insurance.

💬 “The promise of predictive analytics is running up against the problem of data,” said James Bilodeau, CEO of <a href="/PreFixInc/">PreFix</a> at #JIF2025.

Bilodeau explored how in-home data could transform risk scoring, customer engagement, and the cost of #insurance.
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💬“The #insurance industry has worked better together on legal system abuse in recent years, but the trial bar operates in lockstep on every single issue.” — Fred Karlinsky, Greenberg Traurig LLP #JIF2025

💬“The #insurance industry has worked better together on legal system abuse in recent years, but the trial bar operates in lockstep on every single issue.” — Fred Karlinsky, <a href="/GT_Law/">Greenberg Traurig LLP</a> 

#JIF2025
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💬 “#Insurance pricing is based on decisions made by many other stakeholders. This is a business of risk assessment and analysis. But the public perception often assumes that if you just ‘fix the insurance problem,’ everything else will fall into place.” — Frank Nutter, Reinsurance Association of America

💬 “#Insurance pricing is based on decisions made by many other stakeholders. This is a business of risk assessment and analysis. But the public perception often assumes that if you just ‘fix the insurance problem,’ everything else will fall into place.” — Frank Nutter, <a href="/TheRAA/">Reinsurance Association of America</a>
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💬 “We’re not going to move people out of storm-prone Florida, for instance. But the reality is, it’s going to cost more to build homes and insure them. That’s the truth—and we need to communicate that reality clearly to consumers.” — Neil Alldredge, NAMIC #JIF2025 #Insurance

💬 “We’re not going to move people out of storm-prone Florida, for instance. But the reality is, it’s going to cost more to build homes and insure them. That’s the truth—and we need to communicate that reality clearly to consumers.” — Neil Alldredge, <a href="/NAMIC/">NAMIC</a>

#JIF2025 #Insurance
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💬“We’re seeing more people move out of urban areas and build more expensive homes in regions vulnerable to convective storms. Texas alone has had 25 billion-dollar convective storm events. That drives costs up.” — David Sampson, American Property Casualty Insurance Association #JIF2025 #Insurance

💬“We’re seeing more people move out of urban areas and build more expensive homes in regions vulnerable to convective storms. Texas alone has had 25 billion-dollar convective storm events. That drives costs up.” — David Sampson, <a href="/TeamAPCIA/">American Property Casualty Insurance Association</a> 

#JIF2025 #Insurance
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💬 “Once beneficial legislation is passed, you have to be ready to defend it. You can’t fall asleep— you need to play defense as much as offense.” — Charles Symington, Independent Agent #JIF2025

💬 “Once beneficial legislation is passed, you have to be ready to defend it. You can’t fall asleep— you need to play defense as much as offense.” — Charles Symington, <a href="/IndAgent/">Independent Agent</a> 

#JIF2025
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💬 “Of the in-scope commercial #insurance marketplace, 32% of all premiums are in the E&S (Excess and Surplus) market. There’s increasing demand for specialized coverage." — Joel Wood, Council of Insurance Agents and Brokers #JIF2025

💬 “Of the in-scope commercial #insurance marketplace, 32% of all premiums are in the E&amp;S (Excess and Surplus) market. There’s increasing demand for specialized coverage." — Joel Wood, Council of Insurance Agents and Brokers

#JIF2025
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Thank you to all the speakers, attendees, and sponsors who made #JIF2025 a success. From AI and affordability to policy and innovation, the insights shared will shape the future of #insurance.

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⚡ Lightning strikes caused an estimated $1.04B in U.S. #homeowners #insurance claim payouts in 2024, reflecting a drop in frequency, according to new data from Insurance Information Institute and State Farm. ▶️ Read the full release: bit.ly/3G4L2Xx

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#Insurance leaders met at #JIF2025 to explore how data, collaboration & policy can improve affordability and availability. Read highlights from the keynote: bit.ly/3T2aU9s

#Insurance leaders met at #JIF2025 to explore how data, collaboration &amp; policy can improve affordability and availability.

Read highlights from the keynote: bit.ly/3T2aU9s
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In 2024, the U.S. personal auto #insurance industry saw its strongest post-pandemic #underwriting results, but legal system abuse and regulatory challenges remain. 📄 Read the release: bit.ly/4jQtIDD 🔍 Explore more: bit.ly/45UHKk5

In 2024, the U.S. personal auto #insurance industry saw its strongest post-pandemic #underwriting results, but legal system abuse and regulatory challenges remain.

📄 Read the release: bit.ly/4jQtIDD
🔍 Explore more: bit.ly/45UHKk5
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🏍️ Happy #WorldMotorcycleDay! Whether you're a seasoned rider or gearing up for your first summer road trip, being prepared is key. Explore what you need to know about motorcycle #insurance: bit.ly/3PyNvcT National Safety Council

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A new consumer guide from Insurance Information Institute & Munich Re US breaks down how legal system abuse is driving up costs for consumers and businesses, and pushing #insurance premiums higher. Read the release: bit.ly/4kJDbOp Dive deeper: bit.ly/4e1uQ5Q

A new consumer guide from <a href="/iiiorg/">Insurance Information Institute</a> &amp; Munich Re US breaks down how legal system abuse is driving up costs for consumers and businesses, and pushing #insurance premiums higher.

Read the release: bit.ly/4kJDbOp
Dive deeper: bit.ly/4e1uQ5Q
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As a Bronze sponsor of #JIF2025, Argo Group is helping shape the future of #insurance talent. David Corry shares how “Ascend with Argo” is rethinking recruitment through mentorship, education, and making careers more tangible & tech-forward. Read more: bit.ly/45YPilW

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📊 The U.S. trade balance has been twice as volatile as during the pandemic. From Oct '24 to Mar '25, the deficit swung $62.5B—then reversed by $75.2B in a single month. #Economics #Trade

📊 The U.S. trade balance has been twice as volatile as during the pandemic.

From Oct '24 to Mar '25, the deficit swung $62.5B—then reversed by $75.2B in a single month. 

#Economics #Trade
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Litigation trends and AI’s growing role in #insurance took center stage at #JIF2025. Speakers tackled legal system abuse, automation, and innovation, highlighting how insurers can balance efficiency with trust. Read more: bit.ly/4llmxV5

Litigation trends and AI’s growing role in #insurance took center stage at #JIF2025. Speakers tackled legal system abuse, automation, and innovation, highlighting how insurers can balance efficiency with trust.

Read more: bit.ly/4llmxV5
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⚡️ It’s #LightningSafetyAwarenessWeek! Lightning causes billions in property damage each year. Is your home protected? 💡 Learn what’s covered and how to stay safe: bit.ly/2UUG98P