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Business Insurance Triple-I CEO briefs US House on business interruption coverage

Insurance Information Institute CEO Sean Kevelighan participated on a business interruption insurance panel organized by the U.S. House of Representatives on May 21, 2020. The virtual session was hosted by the Innovation and Workforce Subcommittee of the House Committee on Small Business. View the video and presentation here.

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New and Trending

Severe convective storms

Severe convective storms are among the most common, most damaging natural catastrophes in the United States. The result of warm, moist air rising from the earth, they manifest in various ways, depending on atmospheric conditions – from drenching thunderstorms with lightning, to tornadoes, hail, or destructive straight-line winds.

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Insight + Analysis

Insurance Industry Triple-I financial analysis of P/C insurer performance in 2019

2019 was a solid, profitable year for the property/casualty industry, with contributions to profit from both insurance and investment operations. Net income after taxes was $61.4 billion. At the end of 2019, industry surplus attained its highest-ever level—$847.8 billion. This was driven largely by unrealized capital gains from a soaring stock market in the second, third, and fourth quarters of the year and declining interest rates.

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I.I.I. Glossary

CELL PHONE INSURANCE- Separate insurance provided to cover cellphones for damage or theft. Policies are often sold with the cellphones themselves.

EXPERIENCE- Record of losses.

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Thought Leadership

I.I.I. News Wire

Triple-I Co-Hosts Virtual Town Hall on Building Resilient Communities

For immediate release New York Press Office: (917) 923-8245; media@iii.org      NEW YORK, May 22, 2020—The importance of disaster preparedness, building resilience, and innovative insurance products were the themes panelists highlighted at a virtual Town Hall co-hosted by th… Read More

Triple-I’s CEO Tells U.S. House—Global Pandemics Are Uninsurable

For immediate release New York Press Office: (917) 923-8245; media@iii.org    NEW YORK, May 21, 2020---U.S. Read More

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Events Calendar

2020 CEA Claim Manager Meeting
June
09
2020
Virtual Zoom webinar
NAMIC Management Conference
June
28
2020
The Management Conference is a summit for CEOs, executive teams, and future leaders of the industry. Location: Amelia Island, FL; Website
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