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FOR IMMEDIATE RELEASE New York Press Office, Insurance Information Institute: (212) 346-5500; media@iii.org Kim Kirchner, Coburn Communication: (212) 536-9837; Kim.Kirchner@coburnww.com NEW YORK – (December 19, 2017) – Industry leaders from insurance and reinsurance companies, industry trade associations, service companies and regulatory agencies will gather together for the annual Property/Casualty Joint Industry Forum on Tuesday, January 16, 2018....
California Press Office: (707) 490-9365; janetr@iii.org New York Press Office: (212) 346-5500; media@iii.org CALIFORNIA, December 14, 2017 —The Thomas fire, the fifth largest wildfire in California’s history, continues to rage through the southern part of the state but the property insurance claims process has already begun in neighborhoods where the fires have been extinguished, according to the Insurance Information Institute (I.I.I.)....
FOR IMMEDIATE RELEASE Janet Ruiz, I.I.I. California Representative: (707) 490-9365; janetr@iii.org Kim Kirchner, Coburn Communication: (212) 536-9837; Kim.Kirchner@coburnww.com LOS ANGELES, December 6, 2017 — Reporters covering the Southern California wildfires are encouraged to contact the Insurance Information Institute (I.I.I.) for information on insurance coverage and evacuation tips....
NEW YORK, November 30, 2017 — The 2017 Atlantic hurricane season was the first time three Category 4 hurricanes—Harvey, Irma and Maria—made landfall in the United States and its territories in one year, according to the Insurance Information Institute (I.I.I.). “These hurricanes caused an extensive loss of life and property damage in some of our nation’s most densely populated regions, and U.S. auto, home and business insurers are playing a key role as economic first responders....
FOR IMMEDIATE RELEASE I.I.I. Press Office: (212) 346-5500; media@iii.org NEW YORK, October 30, 2017—More than half of U.S. small- and medium-sized businesses (SMBs) experienced a cyberattack within the past year, yet only 14 percent of businesses felt prepared and protected, according to a recent white paper from the Insurance Information Institute (I.I.I.)....
FOR IMMEDIATE RELEASE New York Press Office: (212) 346-5500; media@iii.org California Press Office: (707) 490-9365; janetr@iii.org SACRAMENTO, CALIFORNIA, October 17, 2017 — Insurance adjusters, catastrophe personnel and mobile claim centers have been deployed to staging areas in Northern California to respond to customers impacted by the devastating wildfires, according to the Insurance Information Institute (I.I.I.)....
FOR IMMEDIATE RELEASE Kim Kirchner, Coburn Communication: (212) 536-9837; Kim.Kirchner@coburnww.com ROHNERT PARK, CA, October 11, 2017 — Reporters covering the California wildfires are encouraged to contact the Insurance Information Institute (I.I.I.) for information on insurance coverage and evacuation tips....
For immediate release New York Press Office: (212) 346-5500; media@iii.org NEW YORK, October 2, 2017 — The Casualty Actuarial Society (CAS) recently announced the election of James P. Lynch, FCAS, to its Board of Directors for a three-year term beginning in November 2017. Lynch currently serves as vice president of research and education and chief actuary at the Insurance Information Institute (I.I.I.)....
FOR IMMEDIATE RELEASE New York Press Office: (212) 346-5500; media@iii.org NEW YORK, September 12, 2017 — Business owners who have suffered damage due to Hurricane Harvey or Irma should contact their insurance professional as soon as possible to get the claims process started, according to the Insurance Information Institute (I.I.I.). “Businesses are extremely important to the U.S....
FOR IMMEDIATE RELEASE I.I.I. New York Press Office: 212-346-5500; media@iii.org CSU Press Office: 970-491-7099; anne.manning@colostate.edu NEW YORK, September 6, 2017 — Hurricane Irma made landfall on several of the northern Leeward Islands over the past 24 hours and is now tracking northwestward towards Puerto Rico. It also is looking more likely to make landfall along the Florida coast or the Southeast U.S....
FOR IMMEDIATE RELEASE New York Press Office: (212) 346-5500; media@iii.org NEW YORK, August 30, 2017 — For many homeowners, the distinctions between water damage covered under a homeowners policy and damage covered by flood insurance are unclear. Indeed, over 40 percent of homeowners think that standard homeowners insurance covers flood damage caused by heavy rain, according to the Insurance Information Institute (I.I.I.)....
FOR IMMEDIATE RELEASE I.I.I. New York Press Office: 212-346-5500; media@iii.org CSU Press Office: 970-491-7099; anne.manning@colostate.edu NEW YORK, August 25, 2017 — Hurricane Harvey is barreling toward the central coast of Texas, and could make landfall as a major hurricane (Category 3 or higher)—the first in a dozen years....
FOR IMMEDIATE RELEASE New York Press Office: (212) 346-5500; media@iii.org NEW YORK, August 26, 2017 — Insurance adjusters and their mobile claim centers have already been deployed and are heading toward the areas of the Texas coastline receiving the brunt of damage from Hurricane Harvey....
FOR IMMEDIATE RELEASE New York Press Office: (212) 346-5500; media@iii.org Florida Press Office: (813) 480-6446; lynnem@iii.org NEW YORK, August 11, 2017 — Hurricane Andrew struck Florida on August 24, 1992, and the upheaval the Category 5 storm created for the property insurance market remains a reminder of the necessity of managing risk and striving for resiliency in the nation’s most disaster-prone state, according to the Insurance Information Institute (I.I.I.)....
FOR IMMEDIATE RELEASE New York Press Office: (212) 346-5500; media@iii.org NEW YORK, August 2, 2017 — Sean Kevelighan, the Insurance Information Institute’s (I.I.I.) chief executive officer, is testifying on Thursday, August 3, at 10 a.m., at a U.S. Senate hearing on “Insurance Fraud in America: Current Issues Facing Industry and Consumers.” The U.S....
FOR IMMEDIATE RELEASE I.I.I. New York Press Office: (212) 346-5500; media@iii.org IBHS: Susan Millerick: (860) 690-1624; smillerick@ibhs.org NEW YORK, July 6, 2017 — With predictions of an above-average hurricane season issued by Colorado State University this week, businesses need to take measures to prepare and increase their chance of surviving, according to the Insurance Information Institute (I.I.I.)....
FOR IMMEDIATE RELEASE New York Press Office: (212) 346-5500; media@iii.org NEW YORK, June 16, 2017 — Mechlin D. Moore, former president and chief executive officer of the Insurance Information Institute (I.I.I.), passed away on Tuesday, June 13, following a lengthy battle with cancer. Moore, of Rye, New York, led the I.I.I. from 1979 until his retirement in June 1991, when he formed MDM Communications, a marketing, advertising, public affairs and media relations firm....
FOR IMMEDIATE RELEASE I.I.I....
FOR IMMEDIATE RELEASE I.I.I. New York Press Office: 212-346-5500; media@iii.org CSU Press Office: 970-491-7099; anne.manning@colostate.edu NEW YORK, June 1, 2017 — Today, June 1, marks the beginning of the Atlantic hurricane season. Reporters covering the 2017 season can contact the Insurance Information Institute (I.I.I.) for resources, storm analysis and interviews. I.I.I....
FOR IMMEDIATE RELEASE I.I.I. New York Press Office: (212) 346-5500; media@iii.org NEW YORK, May 10, 2017 — The Insurance Information Institute (I.I.I.) today announced that it will host its inaugural “I.I.I....
FOR IMMEDIATE RELEASENew York Press Office: (212) 346-5500; media@iii.org NEW YORK, May 5, 2017—Reporters are invited to cover the webinar being conducted jointly next week by the Insurance Information Institute (I.I.I.), ISO Solutions, and Property Casualty Insurers Association of America (PCI). The details are below: Date: Monday, May 8, 2017 Time: 2 p.m., ET. Speakers: Sean Kevelighan, CEO, Insurance Information…...
FOR IMMEDIATE RELEASE New York Press Office: (212) 346-5500; media@iii.org NEW YORK, May 1, 2017 — Whether a start-up or an established company, disruptions can devastate a business. Purchasing business interruption (BI) coverage is one way you can help protect your assets in case of a disaster or other loss, according to the Insurance Information Institute (I.I.I.)....
FOR IMMEDIATE RELEASE New York Press Office: (212) 346-5500; media@iii.org NEW YORK, May 1, 2017— Insurance Information Institute’s (I.I.I.) Chief Engagement Officer Jeanne M. Salvatore, a subject matter expert on flood insurance, will be among the featured participants in workshops and panel sessions at the 2017 National Flood Conference, which kicked off Sunday, April 30 in Arlington, VA....
FOR IMMEDIATE RELEASE New York Press Office: (212) 346-5500; media@iii.org NEW YORK, April 20, 2017—Swiss Re will host a webinar on Thursday, April 27 from 11 a.m. to Noon EST, to discuss 2016’s global natural catastrophes, man-made disaster losses, and the economic effects of those events on the insurance industry. Natural Catastrophes: Tornados, Earthquakes, Wildfires, And Floods – The Story Of 2016 will feature Swiss Re’s U.S. Chief Economist Dr....
FOR IMMEDIATE RELEASE New York Press Office: (212) 346-5500; media@iii.org NEW YORK, April 18, 2017— Insurance Information Institute (I.I.I.) subject matter experts are among the featured participants in workshops and training sessions at the 2017 National Hurricane Conference, which began yesterday at the Hyatt Regency New Orleans....
FOR IMMEDIATE RELEASE New York Press Office: (212) 346-5500; media@iii.org NEW YORK, April 10, 2017 — Given that April is tax filing season, and Americans are taking stock of their finances, the Insurance Information Institute (I.I.I) wants consumers to know it is relatively simple to find out if a family member who has died may have left an unclaimed life insurance policy....
FOR IMMEDIATE RELEASE New York Press Office: (212) 346-5500; media@iii.org NEW YORK, April 6, 2017 — Dog bites and other dog-related injuries accounted for more than one-third of all homeowners liability claim dollars paid out in 2016, costing in excess of $600 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 22, 2017—Kristin S. Palmer has been named Senior Vice President, Head of Communications, at the Insurance Information Institute (I.I.I.)....
NEW YORK, March 14, 2017—With severe snow and wind conditions battering the Northeast, damage to homes, cars and businesses is likely. The good news is that most insurance policies are designed to cover damage that results directly from winter weather losses, according to the Insurance Information Institute (I.I.I.). “Mother Nature may be unpredictable, but insurance is not,” said Sean Kevelighan, CEO of the I.I.I....
NEW YORK, March 13, 2017—About one of every 15 U.S. homeowners insurance policyholders files a claim each year and these claimants are now giving insurers their highest ever satisfaction ratings, according to the Insurance Information Institute (I.I.I.). The J.D. Power 2017 U.S. Property Claims Satisfaction Study gives U.S. home insurers a record score of 859 (on a 1,000-point scale). The industry’s cumulative score stood at 846 in 2016....
NEW YORK, March 8, 2016—The latest edition of the Insurance Information Institute’s (I.I.I.) popular Insurance Fact Book is now available. Regarded as the most comprehensive and authoritative resource of its kind, the Insurance Fact Book is a go-to resource for journalists, businesses, policymakers, researchers, academia, students and anyone who needs to understand the insurance industry. “The I.I.I....
FOR IMMEDIATE RELEASE California Press Office: (707) 490-9365, janetr@iii.org New York Press Office: (212) 346-5500; media@iii.org SACRAMENTO, CA, February 14, 2017 —Homeowners and businesses in California’s Butte, Sutter and Yuba counties who have flood insurance will be covered if the Lake Oroville Dam’s auxiliary spillway fails, according to the Insurance Information Institute (I.I.I.)....
FOR IMMEDIATE RELEASE New York Press Office: (212) 346-5500; media@iii.org NEW YORK, February 9, 2017 — With severe snow and wind conditions currently hitting New England and the New York City metropolitan area, physical damage to homes, cars and businesses is likely. Fortunately, most insurance policies are designed to cover winter storm-related losses, according to the Insurance Information Institute (I.I.I.)....
FOR IMMEDIATE RELEASE New York Press Office: (212) 346-5500; media@iii.org NEW YORK, January 24, 2017 — Leaders of the property/casualty insurance industry expect to see a considerable increase in the commercial lines of insurance for 2017, with cyber a potentially huge untapped market, according to an Industry Leader Trends survey, conducted by the Insurance Information Institute (I.I.I.) at its 21st annual Property/Casualty Insurance Joint Industry Forum, held here....
FOR IMMEDIATE RELEASE New York Press Office: (212) 346-5500; media@iii.org NEW YORK, January 23, 2017 — Residents of states impacted by the tornadoes that hit at least five Southern states over the weekend can turn to the Insurance Information Institute (I.I.I.) for information about how to expedite their insurance claims and prepare to rebuild....