INSURANCE INFORMATION INSTITUTE
Contact: Press Offices
New York: 212-346-5500; media@iii.org
Washington, D.C.: 202-833-1580


NEW YORK, November 2, 2007 – The Insurance Information Institute (I.I.I.) has insurance experts available to conduct interviews on the insurance ramifications of Hurricane Noel.

The trajectory of the storm is likely to hit Eastern Long Island and parts of New England.

Next to Florida, New York has the second highest amount of insured coastal exposure in the U.S valued at more than $1.9 trillion. More than 50 percent of the insured property in Connecticut, Maine and Massachusetts is coastal. Insured coastal exposure for the Northeast totals $3.73 trillion.

Wind damage from hurricanes is covered under standard homeowners and business insurance policies. Damage caused by flooding, however, is not covered by these policies. Coverage for flood losses is available from the federal government’s National Flood Insurance Program (NFIP). Information on flood insurance is available at www.floodsmart.gov. Damage to cars from wind and flooding is covered under the comprehensive portion of an auto insurance policy.

Facts and statistics on hurricanes can be found at http://www.iii.org/media/facts/statsbyissue/hurricanes/ .

A white paper on catastrophe and insurance issues can be found at http://www.iii.org/media/hottopics/insurance/catastrophes/ .

To arrange an interview with the I.I.I., call its press office at 212-346-5500.

For more information regarding insurance, go to the I.I.I. Web site at http://www.iii.org .


The I.I.I. is a nonprofit, communications organization supported by the insurance industry.