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We are the Insurance Information Institute. Since 1960, the "Triple I" has had a single mission: To improve public understanding of insurance—what it does and how it works. We are here to serve everybody: consumers; students and educational institutions; insurance professionals; government and regulatory organizations; and the media. Learn More
Insurance Industry 2017 - Commentary on year-end financial results

Real GDP grew by 2.3 percent in 2017 vs. 1.5 percent in 2016—but, because of an unusually costly catastrophe year, the property/casualty insurance industry’s $36.1 billion profit for 2017 was 15.8 percent lower than the $42.9 billion profit for the full year 2016.

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New and Trending

Business Insurance Do I need business interruption insurance?

Business interruption insurance can be as vital to your survival as a business as fire insurance. Too many small business owners fail to think about how they would manage if a fire or other disaster damaged their business premises so that they were temporarily unusable. 

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Insight + Analysis

Insurance Industry Employment Trends: March 2018

In March 2018, there were 2.3 million more people employed than a year earlier (+1.6 percent)—an unusually strong increase this late in the business cycle. In the insurance industry, on a year-over-year basis, employment in most major segments was up to varying degrees.

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I.I.I. Glossary

ACCIDENT AND HEALTH INSURANCE- Coverage for accidental injury, accidental death, and related health expenses. Benefits will pay for preventative services, medical expenses and catastrophic care, with limits.

PRIVATE PLACEMENT- Securities that are not registered with the Securities and Exchange Commission and are sold directly to investors.

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A reminder that we’re LIVE tonight at 4:00 (PT) in San Francisco with Deloitte and Lloyd's to give you an advanced look at the research on rethinking insurance products for the #sharingeconomy.

For the second week in a row, the The New York Times has published an article that made our most popular list! Check out some of the other articles from Insurance Business America. For more information on "The Daily" send us a message to connect.

Lemonade, an #AI-powered #insurance company, has launched what it calls the world’s first open-sourced #insurance #policy: via Insurance Business America

#Tropical #cyclones usually weaken after they make landfall, but under certain conditions they may intensify or maintain their strength. This is called “the brown ocean effect.” For more information, check the link in the comments. #IIIBlog NASA - National Aeronautics and Space Administration

This week, the most popular articles from "The Daily" covered a little bit of everything: #insurance, lighthearted conversation topics and some shocking stats on #distracteddriving! For more information on "The Daily," send us a message and someone from out team will reach out. Check the link in the comments for more information. The New York Times Insurance Business America

Last year, nonfarm #payroll #wages and #salaries reached a peak at $8.49 trillion, which was $2.26 trillion above the 2009 trough. For more information on P/C industry financials, click the link in the comments: A.M. Best Company Verisk National Bureau of Economic Research

What's the future of #insurance products for the #sharingeconomy? Join us May 21 in San Francisco for an advance look at groundbreaking Deloitte and Lloyd's report on this vital topic. For more details and to register:

In 2017, #netpremiums rose more than in any other year in the prior decade. For more information on P/C #insurance industry financials, check the link in the comments: A.M. Best Company Verisk National Bureau of Economic Research

Thought Leadership

I.I.I. News Wire

Register for the Property/Casualty Industry’s 2017 Financial Results Webinar

FOR IMMEDIATE RELEASE I.I.I. New York Press Office: (212) 346-5500; media@iii.org  NEW YORK, May 10, 2018 —The Insurance Information Institute (I.I.I.), Verisk Analytics (ISO), and the Property Casualty Insurers Association of America (PCI) … Read More

MEDIA ADVISORY: I.I.I. Can Provide Information On Insurance Issues Raised By This Week’s Wildfires In Colorado, Kansas, Oklahoma, And Texas

FOR IMMEDIATE RELEASE New York Press Office: (212) 346-5500; media@iii.org Kim Kirchner, Coburn Communciation: (212)-536-9837; Kim.Kirchner@coburnww.com   New York, April 20, 2018—Thousands of residents and firefighters in four U.S. Read More

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Events Calendar

I.I.I. June Communications Committee Meeting
June
13
2018
For additional information, please contact Katrina Cheung at katrinac@iii.org.
I.I.I. June Board Meeting
June
14
2018
For additional information, please contact Valerie Germain at valerieg@iii.org
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