I.I.I. Spotlight

Uninsured Motorists: Infographic

Nearly 14% of motorists are uninsured according to an IRC study, with the percentage ranging from 4.5% in Massachusetts to 28% in Mississippi. Penalties for driving without insurance vary by state, and can include imposing jail time, confiscating license plates, and/or impounding vehicles.

Full Story

Catastrophes: U.S.

Insured U.S. CAT losses totaled $35.9B in 2011, well above the 2000 to 2010 average of $23.8B. Thunderstorms, including tornado events, were the costliest, followed by hurricanes and winter storms.

• 

  When Buying Auto Insurance, Understanding All of Your Coverage Options Could Save You Money

  February 21, 2012 - For the best auto policy at the best price, educate yourself about coverage options and discounts.
• 

  U.S. Insurers Have Paid Billions of Dollars in Catastrophe Claims over the Past Two Decades

  February 17, 2012 - The premium an insurer charges must be commensurate with the risk they are assuming on behalf of the policyholder.
• 

  Six Questions to Ask When Shopping for Homeowners Insurance

  February 15, 2012 - Be an informed consumer: Get the right type, and amount, of coverage for your home.
• 

  If You Are Planning to Buy a New Boat at One of This Month’s Boat Shows, Make Sure to Get Proper Insurance Coverage Too

  February 13, 2012 - Insurers assess the size, type and value of the boat, and the waterways in which it will be navigated.