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FOR IMMEDIATE RELEASE New York Press Office: (212) 346-5500; media@iii.org Kim Kirchner, Coburn Communication: (212) 536-9837; Kim.Kirchner@coburnww.com NEW YORK – (June 05, 2018) – While consumers understand insurance as protection against financial loss, the industry’s contribution to the economy goes much further....
For immediate release New York Press Office: (212) 346-5500; media@iii.org NEW YORK, May 15, 2018 — The official start of hurricane season has always been June 1. Yet, tropical weather pays little heed to the calendar. Case in point: The first tropical disturbance of 2018 is forming now in the Gulf of Mexico, and according to the National Hurricane Center, has a 10 percent chance of becoming a hurricane....
FOR IMMEDIATE RELEASE New York Press Office: (212) 346-5500; media@iii.org New York, May 31, 2018—The arrival of the 2018 Atlantic hurricane season on Friday, June 1, should prompt Americans to look at their insurance policies to determine whether they have the right coverage, according to the Insurance Information Institute (I.I.I.). Wind damage from tropical storms and hurricanes is covered under standard homeowners, renters and business insurance policies....
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) will host a joint webinar, “Property/Casualty Industry Results 2017: Perspectives from ISO, PCI and I.I.I.,” on Monday, May 14....
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. states—Colorado, Kansas, Oklahoma, and Texas—are either recovering from or dealing with severe wildfires and the Insurance Information Institute (I.I.I.) can discuss their insurance implications....
FOR IMMEDIATE RELEASE Kim Kirchner, Coburn Communication: (212) 536-9837; Kim.Kirchner@coburnww.com NEW YORK, April 11, 2018 – Known for offering the latest qualitative figures and developments within the insurance industry, the Insurance Information Institute (I.I.I.) has published its 2018 Insurance Fact Book, the industry’s go-to resource for businesses, journalists, policymakers, researchers, and students....
FOR IMMEDIATE RELEASE New York Press Office: (212) 346-5500; media@iii.org New York, April 5, 2018—Dr. Philip Klotzbach of Colorado State University (CSU), a non-resident scholar for the Insurance Information Institute (I.I.I.), released CSU’s first extended range forecast for the 2018 Atlantic hurricane season today....
FOR IMMEDIATE RELEASE New York Press Office: (212) 346-5500; media@iii.org NEW YORK, April 5, 2018 — Dog bites and other dog-related injuries accounted for more than one third of all homeowners liability claim dollars paid out in 2017, costing almost $700 million, according to the Insurance Information Institute (I.I.I.) and State Farm®, the largest writer of homeowners insurance in the United States. An analysis of homeowners insurance data by the I.I.I....
FOR IMMEDIATE RELEASE New York Press Office: (212) 346-5500; media@iii.org NEW YORK, March 27, 2018 — Laura L. Favinger has been named Chief Administrative Officer at the Insurance Information Institute (I.I.I.), a newly-created position. Favinger was previously Senior Vice President and Head of Government and Industry Affairs for Zurich North America....
For immediate release New York Press Office: (212) 346-5500; media@iii.org Orlando, Fla., March 26, 2018—The Insurance Information Institute (I.I.I.) is participating in sessions on Wednesday, March 28, and Thursday, March 29, at 2018’s National Hurricane Conference (NHC), where experts on insurance and disaster preparedness will be available for media interviews....
FOR IMMEDIATE RELEASE New York Press Office: (212) 346-5500; media@iii.org NEW YORK, March 2, 2018— With winter storm and severe wind conditions hitting a large swath of the Northeast, the Insurance Information Institute (I.I.I.) offers the following information on insurance coverage: Auto Policies Vehicle crashes between two or more drivers caused by snowy and slippery roads are covered by liability insurance, which is required by most states....
JERSEY CITY, N.J., January 26, 2018 — The private U.S. property/casualty insurance industry saw its net income after taxes drop to $22.4 billion in nine-months 2017 from $32.1 billion in nine-months 2016—a 30.3 percent decline—and its overall profitability as measured by its annualized rate of return on average policyholders’ surplus fall to 4.2 percent from 6.3 percent, according to ISO, a Verisk (Nasdaq:VRSK) business, and the Property Casualty Insurers Association of America (PCI)....