Catastrophe modeling firms estimate that the insurance industry has paid between $66 billion and $111 billion for damage caused by Hurricanes Harvey, Irma and Maria and two earthquakes in Mexico. According to estimates, Northern California wildfires generated $9.4 billion in insurance claims, with Southern California wildfire Insured losses not yet estimated.
Sleighs break. Reindeer games get out of hand. Elves miss days due to repetitive-stress-related injuries. Rather than invoking the Santa Clause, we urge St. Nick to review his policies to be sure he’s got the right insurance coverage. That way, he can stay focused on making holiday wishes come true.
Both current and expected near-term general inflation continue to be low by historical standards, but there are pockets of rising inflation. The CPI-U rose by 2.2 percent in November 2017 vs. November 2016. Core inflation—the overall index minus the effects of price changes for food and energy—rose 1.7 percent for the 12 months ending November 2017.
DEMAND DEPOSIT- Customer assets that are held in a checking account. Funds can be readily withdrawn by check, “on demand.”
DEFINED CONTRIBUTION PLAN- An employee benefit plan under which the employer sets up benefit accounts and contributions are made to it by the employer and by the employee. The employer usually matches the employee’s contribution up to a stated limit.See Full Glossary
#ICYMI Here are some of the statistics we went over during our #SmallBusiness and #Cybersecurity Webinar on Monday! #SmallBiz #cyberthreat #cyberattack #cyberrisk
Swords? Fire-spitting rollerskates? Junior backyard tightopes? Zombie crossbows? What could POSSIBLY go wrong?! Strap on your safety goggles, because the 2017 Most Dangerous Toys list is here to bring the pain! https://usat.ly/2z5b089 #HolidaySafety
Learn what to do before, during, and after a #wildfire: https://bit.ly/2AftUXO #WildfireSafety via Ready
Today, 12/11 at 2 (ET), leading experts from U.S. Small Business Administration, CNA, Verisk - insurance solutions and The Institutes explain why small/midsize businesses needs #cyberinsurance protection just as much as a #Fortune500 corporation. To register, visit
On Monday, 12/11 at 2 (ET), leading experts explain why small/midsize businesses needs #cyberinsurance protection just as much as a #Fortune500 corporation. To register, visit:
Resources to help households affected by #SoCalFires: https://bit.ly/2nH6KrS #CAfires #CAWildfires #SkirballFire #GettyFire #LilacFire #CreekFire #ThomasFire #RyeFire #MeyersFire #RiverdaleFire #OakFire #OjaiFire #WilsonFire #RedCross
Map of #SoCal communities where #wildfires are growing/spreading fastest. https://bayareane.ws/2nFsRyN
2017 was a record-setting year for natural catastrophes. Are we witnessing the “new normal?” Join Research Scientist Phil Klotzbach of Colorado State University, Bill Churney of Air WorldWide and Alex Kaplan of Swiss Re Group discuss the latest #natcat and modeling trends at #PCForum2018. Sign up now: https://bit.ly/2j2LEm0
Hosted annually by the Insurance Information Institute (I.I.I.) for more than twenty years, the Joint Industry Forum brings together business and thought leaders from commercial and personal lines insurance companies, industry trade associations, top brokers and service companies and regulatory agen...
Half of US #smallbusinesses are victims of #cyberattack. Monday, 12/11 at 2:00 (ET), join leading experts from CNA, Verisk - insurance solutions, The Institutes and U.S. Small Business Administration for a free Webinar: Protecting Small Business Against #cyberfail. Learn more at:
FOR IMMEDIATE RELEASE Janet Ruiz, I.I.I. Read More
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.). Read More