Car insurance significantly impacts the resale value of used cars. Factors such as Insured Declared Value (IDV), depreciation, claims history, and the type of insurance policy play crucial roles. Comp
Month: January 2026
New York AmongLeast Affordable States for Auto Insurance
By Lewis Nibbelin, Research Writer, Triple-I New Yorkers pay the fourth-highest personal auto expenditures in the United States, costing households an average of $1,935 in 2024, or 2.23 percent of the
Why it is important to have third-party car insurance
Driving responsibly is crucial for safety, and third-party car insurance is mandatory in many countries, including India. Lacking this insurance can lead to legal penalties, financial liabilities, and
New Exoskeleton System Said to Reduce Back and Strain Injuries by Almost Two-Thirds
An exoskeleton system developed initially by Vanderbilt University researchers decreased strain, sprain and lifting injuries by as much as 62% over months of study, signaling a way to reduce some of t
Zero depreciation car insurance: 5 things to know
Zero depreciation car insurance ensures that the insurance company does not deduct the depreciation value of car parts while settling a claim.
When will your insurer not cover claims under your third-party motor insurance?
Driving in India without third-party (TP) insurance is illegal and can result in financial burdens if caught without a valid policy. However, even when you have a TP cover, there may be instances wher
Resilient U.S. P/C Market Performance Sets Stage for a Complex 2026
By William Nibbelin, Senior Research Actuary, Triple-I The U.S. property/casualty insurance industry demonstrated notable resilience throughout 2025, navigating a landscape marked by significant
Few, High-Powered Storms Defined 2025 Hurricane Season
By Lewis Nibbelin, Research Writer, Triple-I Though producing no U.S. landfalls for the first time in a decade, the 2025 Atlantic hurricane season generated deadly tropical storms, above-average days
Legal Reforms Prompt Declines in LouisianaAuto Insurance Rates
By Lewis Nibbelin, Research Writer, Triple-I Louisiana Insurance Commissioner Tim Temple recently announced that new litigation reforms have helped drive improvement in the state’s auto insurance ma
Toscafund Is Said to Explore Sale of Portuguese Insurer Caravela
Toscafund Asset Management and other minority shareholders of Caravela Seguros are exploring a sale of the Portuguese insurer, according to people familiar with the matter. London-based Toscafund, whi