Devastating flooding in central Texas over the July 4, 2025, weekend highlighted several aspects of the state’s risk profile that also are relevant to the rest of the country, according to the latest Triple-I Issues Brief. One is the rising incidence of severe inland flooding related to tropical storms. Tropical Storm Barry made landfall in…
Houthi Rebels Sink Ship in Red Sea, Killing at Least 4 With 11 Missing: EU Naval Mission
Four people are presumed dead and 11 others are still missing after a Liberian-flagged cargo ship sank in the Red Sea following an attack by Yemen’s Houthi rebels, a European Union naval mission said Friday. The update from the EU’s …
Tesla Plans Robotaxi Expansion to California and Arizona
Tesla Inc. is aiming to bring its driverless taxis to California and Arizona as the carmaker plots an expansion on the heels of last month’s limited rollout in Austin. Chief Executive Officer Elon Musk predicted on his social media service …
Questions Linger on Response to Deadly Texas Flash Flood
Key questions remain unanswered about the actions Texas officials took both before and during the catastrophic July Fourth holiday floods as a painstaking search for victims continues along the Guadalupe River nearly a week later. Officials have avoided specific explanations …
“Active” Hurricane Season Still Expected, Despite Tweak to CSU Forecast
. Recent developments in the atmosphere over the Caribbean Sea have led researchers at Colorado State University (CSU) to make slight improvements to their hurricane forecast for the 2025 Atlantic-basin season, in an update published Wednesday. Triple-I non-resident scholar Phil Klotzbach, Ph.D., a senior research scientist in the Department of Atmospheric Science at CSU, and…
Ohio Rules That Data Centers Pay for Minimum Energy Needs
Regulators in Ohio, a key data center market, ruled that data centers will have to pay for some of their energy requests regardless of whether the electricity ends up being needed. The Public Utilities Commission of Ohio on Wednesday voted …
Trump Administration Investigates Minnesota Agency’s Affirmative Action Policy
The Trump administration said Thursday that it has opened an investigation into whether a Minnesota state agency’s newly updated affirmative action policy violates civil rights laws. The Minnesota Department of Human Services’ policy requires supervisors to provide a “hiring justification …
Farmers in Texas Face Severe Losses From Floods
Across a wide swath of Texas, the inundated rivers that ravaged communities also tore through farms and ranches. In the town of Bend, about two hours north of Austin, Boyd Clark waded into rising waters to help one of his …
NC Man Claimed Almost $300,000 in Travel Insurance Losses. Then He Was Arrested
Oscar Rafeal Ruiz was a busy man in 2023 and 2024, jetting to numerous places, losing his luggage multiple times and filing travel insurance claims of almost $300,000. The problem, North Carolina authorities said, is that most of the claims …
Personal Auto Shines, General Liability Faces Headwinds in Q3 2025
By William Nibbelin, Senior Research Actuary, Triple-I The U.S. property/casualty (P/C) insurance industry is entering the latter half of 2025 with a nuanced underwriting landscape, as revealed in the latest “Insurance Economics and Underwriting Projections: A Forward View” report from Triple-I and Milliman. While personal auto continues to be a strong performer, the general liability…