MEDIA ADVISORY: Fifteen Years After 9/11, Terrorism Remains A Threat—And A Complex Insurance Issue

FOR IMMEDIATE RELEASE New York Press Office: (212) 346-5500; media@iii.org

NEW YORK, September 1, 2016 — Reporters working on stories about the 15-year anniversary of the September 11 terrorist attacks can contact the Insurance Information Institute (I.I.I.) for information, analysis and interviews on the insurance ramifications of the tragedy, including the Terrorism Risk and Insurance Act (TRIA).

Total insured losses from the 2001 terrorist attacks on the World Trade Center, the Pentagon and Pennsylvania, totaled approximately $43.6 billion (in 2015 dollars), including property, life and liability insurance claim costs. It is the second costliest insurance event in U.S. history, second only to Hurricane Katrina. A total of 2,976 people perished in the September 11 terrorist attacks in New York, Washington and Pennsylvania, excluding the 19 hijackers.

The I.I.I.’s resources include:

• Issues Update: Terrorism Risk and Insurance
• Facts and Statistics: Terrorism
• White Paper: Terrorism Risk Insurance Program: Renewed and Restructured

The I.I.I. has a full library of educational videos on its You Tube Channel. Information about I.I.I. mobile apps can be found here.

THE I.I.I. IS A NONPROFIT, COMMUNICATIONS ORGANIZATION SUPPORTED BY THE INSURANCE INDUSTRY.

Insurance Information Institute, 110 William Street, New York, NY 10038; (212) 346-5500; www.iii.org