Dale Porfilio joined The Institutes in 2021 to serve as Chief Insurance Officer for the Insurance Information Institute (Triple-I) and President of the Insurance Research Council (IRC). In these roles, he leads the research and education activities of both organizations, working closely with Triple-I and IRC subject-matter experts to develop data-driven industry insights and analyses. He also serves as a media spokesperson on thought-leadership matters and delivers board-level presentations at industry events and to Triple-I and IRC member companies.
Dale previously was senior vice president and corporate chief actuary at Genworth Financial, where he was responsible for the actuarial practice for all product lines and countries. Before that he was vice president and chief actuary at Kemper Corp., where he was responsible for pricing, reserving, predictive modeling, catastrophe management, and product management. He began his career at Allstate, working on pricing, product, research, and catastrophe risk modeling.
Dale is a Fellow of the Casualty Actuarial Society (FCAS), Member of the American Academy of Actuaries (MAAA), and summa cum laude graduate of DePauw University in Greencastle, Ind. He and his wife, Carol, reside in Chicago, Ill., and are parents of three adult daughters.
Severe weather in Kentucky drives up insurance rates, strains carriers, and prompts regulatory changes as tornadoes and hailstorms increase in frequency and cost
Inland areas are increasingly vulnerable to flooding from both tropical storms and severe convective storms, yet the number of homeowners who purchase flood insurance
Personal auto insurance underwriting profitability appears to finally be headed in a positive direction after recent years of record underwriting losses
Inflationary trends in auto liability insurance, personal and commercial combined, drove loss and defense containment costs between $96 bn and $105 bn higher
The P&C insurance industry has experienced challenges in recent years due, in large part, to increases in the frequency and severity of natural catastrophes
