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Triple-I: 2020’s Atlantic Hurricane Season Was One for the History Books
November 30, 2020

For immediate release Florida Press Office: 904-806-7813, markf@iii.org   SAINT JOHNS, Fla., Nov. 30, 2020 – The 2020 Atlantic hurricane season officially ends today with a record 30 named storms, including a near-record 13 hurricanes. Six were major hurricanes, achieving at least a Category 3 rating on the Saffir-Simpson Hurricane Wind Scale, according to the Insurance Information Institute (Triple-I)....

Triple-I’s Chief Economist Retires and Is Appointed a Non-Resident Scholar
November 30, 2020

For immediate release Triple-I Press Office: 904-806-7813, markf@iii.org   NEW YORK, Nov. 30, 2020—Dr. Steven Weisbart, the Insurance Information Institute’s (Triple-I) senior vice president and chief economist, retired this month after 15 years with the organization—13 as its chief economist. He will remain affiliated with the Triple-I as a non-resident scholar. “Dr....

2020’s Turmoil Takes Toll on Insurers’ Finances, New Triple-I / Milliman Report Shows
November 17, 2020

For immediate release Milliman: Jeremy Engdahl-Johnson, jeremy.engdahl-johnson@milliman Triple-I: Loretta Worters, lorettaw@iii.org   NEW YORK, Nov. 17, 2020 –The global pandemic and costly natural catastrophes will contribute to a projected 101.7 combined ratio for the U.S.’s property/casualty (P/C) insurers in 2020, higher than the 98.8 the industry posted last year, according to the Insurance Information Institute (Triple-I) and Milliman....

Triple-I—Top Insurance Markets to See 4.5% GDP Decrease In 2020
November 16, 2020

For immediate release New York Press Office: (917) 923-8245; michaelb@iii.org     NEW YORK, Nov. 16, 2020—The world’s 10 largest insurance markets are cumulatively expected to see their Gross Domestic Product (GDP) decrease by 4.5 percent in 2020 compared to 2019 because of COVID-19, according to a new Insurance Information Institute (Triple-I) report....

Insurance Information Institute and The Institutes Finalize Affiliation
November 12, 2020

For immediate release  MEDIA CONTACTS: Michael Barry, Insurance Information Institute michaelb@iii.org (917) 923-8245 Connie Hofmann, The Institutes Hofmann@TheInstitutes.org (610) 644-2100, ext. 7844   NEW YORK and MALVERN, Pa, - Nov. 12, 2020 – The Institutes, the leading provider of risk management and insurance education and research, today announced plans to finalize its affiliation with the Insurance Information Institute (Triple-I) on November 16, 2020....

Triple-I’s Chief Actuary: Insurers Are Navigating COVID-19’s Economic Fallout
November 10, 2020

For immediate release New York Press Office: 917-923-8245, michaelb@iii.org   NEW YORK, Nov. 10, 2020—The U.S.’s property/casualty (P/C) insurers provided premium relief, retained employees, and weathered a capital market downturn while navigating this year’s COVID-19 pandemic, according to James Lynch, Chief Actuary, Insurance Information Institute (Triple-I)....

Triple-I: Eta Forecast to Make 2nd Florida Landfall This Week
November 09, 2020

For immediate release Florida Press Office: 904-806-7813, markf@iii.org   SAINT JOHNS, Fla., Nov. 9, 2020 – After making landfall in the Florida Keys late on Sunday, Nov. 8 as a strong tropical storm, Floridians should remain prepared for Eta’s second landfall along the state’s Gulf Coast later this week, according to the Insurance Information Institute (Triple-I)....

Triple-I: P/C Insurers Remained Profitable In 2020’s First-Half Despite Challenges
October 29, 2020

For immediate release New York Press Office: 917-923-8245, michaelb@iii.org   NEW YORK, Oct. 29, 2020—The U.S.’s property/casualty (P/C) insurers turned in a profitable performance in 2020’s first-half even as the industry’s net income dropped 26 percent compared to 2019’s first-half, according to Dr. Steven Weisbart, Chief Economist, Insurance Information Institute (Triple-I)....

Triple-I: Zeta to Make Gulf Coast Landfall On Oct. 28
October 27, 2020

For immediate release Florida Press Office: 904-806-7813, markf@iii.org   SAINT JOHNS, Fla., Oct. 27, 2020 – Residents from Louisiana to the Florida Panhandle should prepare for Tropical Storm Zeta, which is forecast to make landfall as a hurricane along the U.S.’s Gulf Coast on Wednesday, Oct. 28, according to the Insurance Information Institute (Triple-I)....

U.S. Auto Insurers Win Record-High Marks for Claims Handling
October 26, 2020

For immediate release New York Press Office: (917) 923-8245; media@iii.org NEW YORK, Oct. 26, 2020—A new J.D. Power study shows a record high level of customer satisfaction among U.S. auto insurance policyholders who filed a claim over the past year, according to the Insurance Information Institute (Triple-I)....

Triple-I Offers Businesses Seven Ways to Guard Against Data Breaches
October 22, 2020

For immediate release New York Press Office: (917) 923-8245; media@iii.org   NEW YORK, Oct. 22, 2020 – Data breaches can be either averted or mitigated if businesses take the proper precautions to safeguard their financial and reputational risks, according to the Insurance Information Institute (Triple-I).  In a brief video, the Triple-I outlines seven ways businesses can protect themselves from data breaches given the growing number of cyberattacks....

Insurance Innovators to Take Center Stage at Virtual Showcase on Oct. 22
October 21, 2020

For immediate release New York Press Office: (917) 923-8245; media@iii.org   NEW YORK, Oct. 21, 2020—Four entrepreneurial teams who have developed products to boost societal resilience and to mitigate natural disaster risks will present them during a free Insurance Information Institute (Triple-I) event on Thursday, Oct. 22, at 11 a.m., ET....

Financial Empowerment Is Key to Escaping an Abusive Relationship
October 20, 2020

For immediate release Loretta Worters: (212) 346-5575; media@iii.org   NEW YORK, Oct. 20, 2020 – Securing access to essential financial resources can make all the difference to domestic violence victims when deciding to leave an abusive relationship, according to the Insurance Information Institute (Triple-I)....

Insurance Industry Provides Interactive ‘Explainer’ To Help Navigate Business Interruption Insurance
October 16, 2020

For immediate release New York Press Office: (212) 346-5500; media@iii.org   NEW YORK, Oct. 16, 2020—The Future of American Insurance & Reinsurance (FAIR) campaign—an initiative of the Insurance Information Institute (Triple-I)—has developed a new interactive tool to help showcase the need for a federal solution to pandemic relief....

Triple-I: Insurance Careers Are an Excellent Risk, Students Are Told
October 13, 2020

For immediate release New York Press Office: (212) 346-5500; media@iii.org   NEW YORK, Oct. 13, 2020—Gamma Iota Sigma (GIS) is hosting virtual sessions at three Northeast U.S. academic institutions this fall to educate undergraduates on insurance industry career opportunities open to them, according to the Insurance Information Institute (Triple-I). Billed as Gamma Iota Sigma’s Security in Risk Tour, the events, which begin Oct....

Triple-I: Delta to be 5th Hurricane to Make U.S. Landfall in 2020
October 07, 2020

For immediate release Florida Press Office: 904-806-7813 markf@iii.org   SAINT JOHNS, Fla., Oct. 7, 2020 – Residents from eastern Texas to the Florida Panhandle should prepare for Hurricane Delta, which is forecast to make landfall in Louisiana on Friday, Oct. 9, according to the Insurance Information Institute (Triple-I)....

Triple-I Launches ‘Amplify’
October 06, 2020

For immediate release New York Press Office: (917) 923-8245; media@iii.org   NEW YORK, Oct. 6, 2020— The Insurance Information Institute (Triple-I) today announced the launch of Amplify, a public relations (PR) consultancy designed to help insurance industry member organizations drive increased awareness of their mission and deepen their industry engagement....

2020’s Disasters Highlight Need to Insure Cars Against Fire, Flood Damage
September 25, 2020

For immediate release New York Press Office: (917) 923-8245; media@iii.org   NEW YORK, Sept. 25, 2020—The western U.S. wildfires and this year’s active hurricane season have highlighted for vehicle owners the importance of having optional comprehensive auto insurance coverage, according to the Insurance Information Institute (Triple-I).   “Comprehensive provides coverage for fire and flood-damaged vehicles....

Triple-I Offers 3 Key Claims-Filing Tips to U.S.'s Wildfire Victims
September 18, 2020

NEW YORK, Sept. 18, 2020 /PRNewswire/ -- If your home, apartment or business has been either damaged or destroyed by the western U.S.'s deadly wildfires, the Insurance Information Institute (Triple-I) offers the following advice on how to begin and simplify the claims-filing process. 1....

Triple-I Poll: More in U.S. Are Taking Steps to Protect Their Home
September 16, 2020

For immediate release New York Press Office: (917) 923-8245; media@iii.org   NEW YORK, Sept. 16, 2020 – More U.S....

Triple-I: Hurricane Sally To Be 8th Named Storm To Make U.S. Landfall
September 14, 2020

For immediate release Florida Press Office: 904-806-7813 markf@iii.org   SAINT JOHNS, Fla., Sept. 14, 2020 – U.S. Gulf Coast residents from Louisiana to Florida should prepare for Hurricane Sally, which is forecast to make landfall on Tuesday, according to the Insurance Information Institute (Triple-I)....

Disaster Resilience Is Focus of Triple-I, U. Penn Student Competition
September 10, 2020

For immediate release New York Press Office: (917) 923-8245; media@iii.org    NEW YORK, Sept. 10, 2020—The Insurance Information Institute (Triple-I) and the Wharton Risk Management and Decision Processes Center, University of Pennsylvania are co-sponsoring for the third straight year a competition for college students aimed at developing innovative solutions to real-world disaster resilience problems....

Triple-I: Insurers Facing Economic Headwinds in Top 10 Markets
September 09, 2020

For immediate release New York Press Office: (917) 923-8245; media@iii.org   NEW YORK, Sept. 9, 2020—The world’s 10 largest insurance markets are cumulatively expected to see their Gross Domestic Product (GDP) decrease by nearly seven percent in 2020 compared to 2019 because of COVID-19, according to a new Insurance Information Institute (Triple-I) report....

Triple-I—Hurricanes Are Costlier Because More Live in Their Path
September 01, 2020

For immediate release New York Press Office: (917) 208-8842; lorettaw@iii.org   NEW YORK, September 1, 2020—U.S. hurricane seasons are costlier than ever before because more Americans are living in coastal states, according to the Insurance Information Institute’s (Triple-I) just-released white paper, Hurricane Season: More Than Just Wind and Water....

Triple-I: Laura Brings Claims-Filing, Coverage Issues To The Fore
August 27, 2020

For immediate release New York Press Office: 917-923-8245, michaelb@iii.org   NEW YORK, Aug. 27, 2020 – Homeowners, renters, businesses, and vehicle owners impacted by Hurricane Laura need to know how the insurance claim filing process works and what’s covered under standard insurance policies, according to the Insurance Information Institute (Triple-I). There are four keys to economic recovery after a natural disaster strikes, the Triple-I says. 1....

Media Advisory: Triple-I Experts Are Available to Discuss Hurricane Laura’s Insurance Implications
August 27, 2020

For immediate release New York Press Office: 917-923-8245, michaelb@iii.org   NEW YORK, August 27, 2020 —Reporters covering Hurricane Laura are encouraged to contact the Insurance Information Institute (Triple-I) for interviews and analysis. Hurricane Laura made landfall this morning as a Category 4 storm near Cameron, Louisiana. It was the seventh named storm to make landfall in the continental U.S....

Triple-I: Laura To Impact Insurance Markets in Louisiana, Texas
August 25, 2020

For immediate release New York Press Office: 917-923-8245, michaelb@iii.org   NEW YORK, Aug. 25, 2020 – Hurricane Laura is expected to make landfall as a Category 3 hurricane near the border of Louisiana and Texas late Wednesday or early Thursday and then move northward into Oklahoma and Arkansas, where it will still be a strong storm system, according to the Insurance Information Institute (Triple-I)....

Moving? Make Sure Your Personal Property Is Insured
August 24, 2020

For immediate release New York Press Office: 917-208-8842; lorettaw@iii.org   NEW YORK, August 24, 2020 – Standard homeowners and renters insurance policies provide coverage for a policyholder’s personal property while their belongings are at their residence, in transit, or housed at a storage facility, according to the Insurance Information Institute (Triple-I)....

Triple-I: U.S. Gulf Coast Could Be Hit By Two Storms Next Week
August 21, 2020

For immediate release Florida Press Office: 904-806-7813, markf@iii.org SAINT JOHNS, Fla., Aug. 21, 2020 – U.S. Gulf Coast residents from Texas to Florida must prepare now for what appears likely to occur next week—the near-simultaneous arrival of two separate named storms, according to the Insurance Information Institute (Triple-I). Tropical Storm Laura may impact numerous areas of Florida from the Keys to the Panhandle, according to the National Hurricane Center (NHC)....

Media Advisory: Triple-I Experts Are Able to Discuss the Insurance Implications of California’s Wildfires Amid Statewide Emergency
August 20, 2020

For immediate release California Press Office: (707) 490-9365; janetr@iii.org   NEW YORK, August 20, 2020 —Reporters covering California’s wildfires are encouraged to contact the Insurance Information Institute (Triple-I) for interviews and analysis....

Triple-I’s Resilience Accelerator Joins Forces with Two Data Analytics Firms
August 20, 2020

For immediate release New York Press Office: (917) 923-8245; media@iii.org   NEW YORK, August 20, 2020— HazardHub and Paper Crane, firms who identify the risks extreme weather events pose to specific properties, today announced they will share data with the Insurance Information Institute (Triple-I) for use with its Resilience Accelerator....

Recession, Pandemic to Affect P/C Underwriting Results, New Triple-I / Milliman Report Shows
August 13, 2020

For immediate release Milliman: Jeremy Engdahl-Johnson, jeremy.engdahl-johnson@milliman Triple-I: Michael Barry, michaelb@iii.org   NEW YORK – August 13, 2020 – The COVID-19 pandemic and the recession it started will result in no premium growth for 2020 and a deteriorated combined ratio for the property/casualty industry, according to the new report, Insurance Information Institute (Triple-I)/ Milliman P/C Underwriting Projections: 2020-2022....

Triple-I: Updated Colorado State University Forecast Says ‘Extremely Active’ 2020 Atlantic Hurricane Season Will Continue
August 05, 2020

For immediate release New York Press Office: (917) 923-8245; media@iii.org   NEW YORK, Aug. 5, 2020— An updated 2020 hurricane season forecast released today by the Tropical Meteorology Project in the Department of Atmospheric Science at Colorado State University (CSU) calls for this year’s “extremely active” season to continue....

Triple-I: Isaias Forecast to Become a Strong Category 1 Hurricane, Impacting Florida and Eastern Seaboard
July 31, 2020

For immediate release Florida Press Office: 904-806-7813, markf@iii.org SAINT JOHNS, Fla., July 31, 2020 – Hurricane Isaias is expected to become a strong Category 1 storm as it approaches South Florida on Saturday and has the potential to cause property damage and flooding along Florida’s Atlantic Coast from Miami to Jacksonville....

Hurricane Douglas Poses Threat to Hawaii
July 24, 2020

For immediate release New York Press Office: (917) 923-8245; media@iii.org  NEW YORK, July 24, 2020—Hurricane Douglas is headed toward Hawaii and the storm's strong winds and heavy rains have the potential to cause property damage statewide later this weekend, according to the Insurance Information Institute (Triple-I)....

Triple-I—Tropical Storm Hanna Could Impact Texas, Louisiana
July 24, 2020

For immediate release Florida Press Office: 904-806-7813, markf@iii.org NEW YORK, July 24, 2020 – Tropical Storm Hanna has the potential to cause property damage along the Texas and Louisiana coasts as a Saturday landfall is expected near Corpus Christi, Texas. Impacts of this tropical cyclone, the earliest eighth named Atlantic basin storm on record, are covered under different insurance policies, according to the Insurance Information Institute (Triple-I)....

NCCI and Triple-I Experts to Discuss COVID-19's Impact on Workers Compensation Insurance During July 23 Webcast
July 15, 2020

BOCA RATON, Fla. and NEW YORK, July 15, 2020 /PRNewswire/ -- As the COVID-19 pandemic continues to affect the nation, a number of questions remain. For the workers compensation industry, one question has to do with coverage for occupational groups such as healthcare workers and first responders who may have a higher probability for exposure. The need for informed decision making has never been greater....

Tropical Storm Fay’s Heavy Rainfall Could Cause Property Damage; Millions of Americans Vulnerable to Flooding, Says Triple-I
July 10, 2020

For immediate release New York Press Office: (917) 923-8245; media@iii.org   NEW YORK, July 10, 2020 —Tropical Storm Fay has the potential to cause wind and water-caused property damage today and tomorrow in multiple states on the U.S.’s East Coast, according to the Insurance Information Institute (Triple-I). Wind-caused property damage is covered under standard homeowners, renters and business insurance policies....

Fireworks Pose Wildfire Risk When They are in The Wrong Hands
July 02, 2020

SACRAMENTO, Calif., July 2, 2020 /PRNewswire/ -- The cancellation of Independence Day professional fireworks programs this year could raise the risk of wildfires as more amateurs undertake their own pyrotechnic shows, according to four organizations who focus on risk mitigation. "Leave fireworks to the professionals....

The Insurance Information Institute and The Institutes Announce Plan to Affiliate
June 25, 2020

For immediate release MEDIA CONTACTS: Michael Barry, for the Insurance Information Institute michaelb@iii.org 917-923-8245 Vanessa Valore, for The Institutes Valore@TheInstitutes.org 610-644-2100, ext. 7805   NEW YORK, June 25, 2020 –The Insurance Information Institute’s (Triple-I) Board of Directors approved plans this month to have the Triple-I enter into an affiliation with The Institutes, and The Institutes’ Board yesterday agreed to the affiliation....

Lightning-Related Homeowners Insurance Claims Plunge, Yet Claims Costs Surge
June 19, 2020

For immediate release New York Press Office: (917) 923-8245; media@iii.org   NEW YORK, June 19, 2020—For the second consecutive year, the number of lightning-caused U.S....

Triple-I, ResilientH20 Partners Launch Resilience Innovation Hub
June 18, 2020

For immediate release New York Press Office: (917) 923-8245; media@iii.org   HOUSTON and NEW YORK, June 18, 2020—The Gulf Coast & Southwest Resilience Innovation Hub’s creation was announced today by the Insurance Information Institute (Triple-I) and ResilientH20 Partners and will be a key part of the Triple-I’s Resilience Accelerator initiative....

Triple-I: World’s 10 Largest Insurance Markets Hit Hard by COVID-19
June 11, 2020

For immediate release New York Press Office: (917) 923-8245; media@iii.org    NEW YORK, June 11, 2020—The world’s 10 largest insurance markets are cumulatively expected to see their Gross Domestic Product (GDP) decrease by 4.9 percent in 2020 compared to 2019 because of COVID-19, according to a new Insurance Information Institute (Triple-I) report....

Triple-I Update: 2020’s Atlantic Hurricane Season to Have ‘Well Above-Average’ Activity
June 04, 2020

For immediate release New York Press Office: (917) 923-8245; media@iii.org     NEW YORK, June 4, 2020— An updated 2020 hurricane season forecast released today by the Tropical Meteorology Project in the Department of Atmospheric Science at Colorado State University (CSU) calls for a “well above-average” level of tropical cyclone activity....

Media Advisory: Triple-I Featured at 2020’s National Hurricane Conference
June 01, 2020

For immediate release New York Press Office: (212) 346-5500; media@iii.org   NEW YORK, June 1, 2020 – The Insurance Information Institute(Triple-I) will play a prominent role at the virtual 2020 National Hurricane Conference (NHC), which begins today and continues through Friday, June 12, with a series of weekday sessions. The Triple-I’s presentations will take place on two days this week....

Triple-I Releases New Hurricane Fact Files for 6 States as Storm Season Nears
May 28, 2020

For Immediate Release New York Press Office: (917) 923-8245; media@iii.org NEW YORK, May 28, 2020—With 2020’s Atlantic hurricane season starting on Monday June 1, the Insurance Information Institute (Triple-I) has issued its updated Hurricane Fact Files for six states: Alabama, Florida, Louisiana, Mississippi, North Carolina, and Texas. Hurricanes Barry and Dorian made landfall in Louisiana and North Carolina, respectively, in 2019....

Triple-I Co-Hosts Virtual Town Hall on Building Resilient Communities
May 22, 2020

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 the Insurance Information Institute (Triple-I) and ResilientH2O Partners....

Triple-I’s CEO Tells U.S. House—Global Pandemics Are Uninsurable
May 21, 2020

For immediate release New York Press Office: (917) 923-8245; media@iii.org    NEW YORK, May 21, 2020---U.S. insurers serve as the nation’s financial first responders when natural disasters cause widespread property damage but insurers generally neither collect premiums for nor cover pandemic-caused losses, according to Sean Kevelighan, CEO, Insurance Information Institute (Triple-I)....

Media Advisory: Triple-I’s CEO To Testify Before U.S. House Subcommittee
May 20, 2020

For immediate release New York Press Office: (917) 923-8245; media@iii.org   NEW YORK, May 20, 2020—Sean Kevelighan, CEO, Insurance Information Institute (Triple-I), will be one of the five panelists tomorrow (Thursday) at a virtual forum about business interruption insurance. It is being conducted by the U.S. House of Representatives’ Subcommittee on Innovation and Workforce Development. WHAT: U.S....

Triple-I Launches Campaign To Support Resiliency Of The Economy During The Coronavirus Pandemic
May 18, 2020

For immediate release New York Press Office: (917) 923-8245; media@iii.org   NEW YORK, May 18, 2020 – Today, a leading and trusted voice on insurance announced the launch of the Future of American Insurance & Reinsurance (FAIR) campaign. An initiative of the Insurance Information Institute (Triple-I), FAIR will focus on ensuring the insurance industry is able to sustain its longstanding role as the country's backbone of economic growth and stability....

Media Advisory: Triple-I To Offer Resilience Insights As Hurricane Season Nears
May 13, 2020

For immediate release New York Press Office: (917) 923-8245; media@iii.org   NEW YORK, May 13, 2020— Michel Léonard, PhD, CBE, vice president and senior economist at the Insurance Information Institute (Triple-I), is co-hosting tomorrow (Thursday) a one-hour webinar on behalf of the Triple-I with ResilientH20 Partners. It will focus on managing extreme weather events in the current environment....

Triple-I White Paper—Costs of Convective Storms Are Rising
May 07, 2020

For immediate release New York Press Office: (917) 923-8245; media@iii.org    NEW YORK, May 7, 2020—Severe convective storms—tornadoes, hail, thunderstorms with lightning, and straight-line winds—are among the biggest threats to life and property in the U.S., according to a white paper released today by the Insurance Information Institute (Triple-I)....

Triple-I: Knowing Insurance Is Part of Wildfire Preparedness
May 06, 2020

For immediate release New York Press Office: (917) 923-8245; media@iii.org    NEW YORK, May 6, 2020 –The Insurance Information Institute (Triple-I) co-delivered today a presentation on Wildfires and Insurance: Learn How to Prepare Financially during a National Fire Protection Association (NFPA) Firewise USA webinar. “The increased severity of the nation’s wildfires stems in part from too many people residing in harm’s way....

Triple-I Marks National Hurricane Preparedness Week
May 01, 2020

For immediate release New York Press Office: (917) 923-8245; media@iii.org   NEW YORK, May 1, 2020 – The start of what may be an "above-normal" 2020 Atlantic hurricane season is a month away and the Insurance Information Institute (Triple-I) is recommending homeowners, renters, and business owners prepare now.  “As much as we are living today with the unimaginable impact of COVID-19, we must remind residents along the Atlantic and Gulf coasts to remember it takes only one hurrican…...

Important Statements from Triple-I on Business Interruption Litigation Filings
April 29, 2020

For immediate release New York Press Office: (917) 923-8245; media@iii.org      NEW YORK, April 29, 2020—   Statement by Triple-I CEO Sean Kevelighan Global pandemic risks are uninsurable. Given the unpredictability and unimaginable potential for worldwide losses, insurance is simply unable to cover a global pandemic. This concept is made expressly clear in standard U.S. business interruption policies, which are reviewed and supported by state insurance regulators....

Triple-I: Rewriting Contracts and Mandating Payouts Would Bankrupt Insurers
April 24, 2020

For immediate release New York Press Office: (917) 923-8245; media@iii.org   NEW YORK, April 24, 2020—State legislation aimed at retroactively rewriting business interruption policies nationwide would cost insurers tens of billions of dollars a month and quickly imperil the U.S....

Media Advisory: Triple-I’s CEO To Discuss Insurance Industry’s COVID-19 Response on Friday, April 24 at 1 p.m. ET
April 23, 2020

For immediate release New York Press Office: (917) 923-8245; media@iii.org   NEW YORK, April 23, 2020—Sean Kevelighan, CEO, the Insurance Information Institute (Triple-I), is one of five speakers participating tomorrow (Friday) in a webinar being co-sponsored by the National Council of Insurance Legislators (NCOIL) and the Rutgers Center for Risk and Responsibility at Rutgers Law School.  There is no registration fee. The webinar is open to the public....

Triple-I: Policyholders’ Surplus Set Aside to Pay Covered Claims
April 16, 2020

For immediate release New York Press Office: (917) 923-8245; media@iii.org   NEW YORK, April 16, 2020 —In its second public economic briefing related to COVID-19, the Insurance Information Institute (Triple-I) today offered clarity and understanding in terms of the economic impact for the industry; how the industry surplus works for covered claims; and how any attempt to retroactively apply this pandemic to business interruption insurance policies would cause irreparable harm to the fi…...

Insurers Provide Relief After Deadly Tornadoes Ravage Southern States
April 15, 2020

For immediate release New York Press Office: (917) 923-8245; media@iii.org     New York, April 15, 2020—U.S. insurers are assisting disaster victims after dozens of deadly tornadoes tore across multiple southern states, according to the Insurance Information Institute (Triple-I)....

National Dog Bite Prevention Coalition Offers Tips for Safely Sheltering at Home with Pets During the COVID-19 Crisis
April 15, 2020

CHICAGO, April 15, 2020 /PRNewswire/ -- The coronavirus pandemic has introduced a good deal of uncertainty into our lives, as well as the lives of our pets. As people shelter at home, adopt new pets or foster dogs for sick family and friends, now is the time to reinforce safety and responsible pet ownership. National Dog Bite Prevention Week (NDBPW) is April 12-18, 2020....

Triple-I Offers Insights into Business Interruption Insurance Coverage
April 14, 2020

For immediate release New York Press Office: (917) 923-8245; media@iii.org NEW YORK, April 14, 2020—The Insurance Information Institute (Triple-I) released today a Fact Sheet on Understanding Business Interruption Insurance and Pandemics. “Business interruption policies generally require the losses to be caused by direct physical damage to the business’s property. For this reason, the deadly tornadoes the U.S....

Triple-I: U.S. Auto Insurers to Return $10.5 Billion to Customers
April 11, 2020

For immediate release New York Press Office: (917) 923-8245; media@iii.org   NEW YORK, April 11, 2020—U.S. auto insurers will return more than $10 billion to their customers nationwide, according to an estimate released today by the Insurance Information Institute (Triple-I). “Insurers are again fulfilling their role as economic first responders by providing financial relief to customers when they need it most,” said Sean Kevelighan, CEO, Triple-I....

Media Advisory: Triple-I Postpones Until Thursday, April 16, Its Webinar On COVID-19’s Economic Impact
April 09, 2020

For immediate release  New York Press Office: (917) 923-8245; media@iii.org   NEW YORK, April 9, 2020—The Insurance Information Institute (Triple-I) has postponed until Thursday, April 16, at 11 a.m., EDT, its live webinar on COVID-19’s impact on the U.S. economy as well as its property/casualty (P/C) insurance markets. WHAT: Triple-I Economic Briefing--COVID-19’s Impact on U.S. P/C Insurance Markets WHO: Dr....

Media Advisory: Triple-I Webinar To Examine COVID-19’s Economic Impact
April 08, 2020

For immediate release New York Press Office: (917) 923-8245; media@iii.org   NEW YORK, April 8, 2020—The Insurance Information Institute (Triple-I) is conducting a live webinar for the media tomorrow (Thursday) at 11 a.m., EDT, on COVID-19’s impact on the U.S. economy as well as its property/casualty (P/C) insurance markets. WHAT: Triple-I Economic Briefing--COVID-19’s Impact on U.S. P/C Insurance Markets WHO: Dr....

Triple-I: Insurers Offer Solutions For COVID-19 Recovery
April 03, 2020

For immediate release New York Press Office: (917) 923-8245; media@iii.org      NEW YORK, April 3, 2020—U.S. insurers are meeting the challenges faced by their customers, communities, and employees amid the COVID-19 crisis, according to the Insurance Information Institute (Triple-I)....

Triple-I: 2020 Atlantic Hurricane Season Predicted to be ‘Above Normal’
April 02, 2020

For immediate release New York Press Office: (917) 923-8245; media@iii.org   New York, April 2, 2020—An above-normal level of tropical cyclone activity is projected for the 2020 Atlantic hurricane season, according to a forecast released today by the Tropical Meteorology Project in the Department of Atmospheric Science at Colorado State University (CSU)....

Triple-I: Insurers Are Engaged In the COVID-19 Crisis
March 28, 2020

For immediate release New York Press Office: (917) 923-8245; media@iii.org     NEW YORK, March 28, 2020—U.S. insurers are covering employees and employers facing exposure to COVID-19 while easing the financial burdens of its customers and communities during an extraordinary time in the nation’s history, according to the Insurance Information Institute (Triple-I)....

Triple-I: Insurers Well-Positioned to Confront COVID-19’s Challenges
March 20, 2020

For immediate release New York Press Office: (212) 346-5500; media@iii.org   NEW YORK, March 20, 2020—The U.S.’s auto, home, and commercial insurers have the financial resources to meet its obligations during the COVID-19 crisis, according to a presentation the Insurance Information Institute (Triple-I) delivered to state regulators....

Triple-I To Brief Insurance Regulators On COVID-19's Market Impact
March 16, 2020

For immediate release New York Press Office: (212) 346-5500; media@iii.org   NEW YORK, March 16, 2020—The Insurance Information Institute (Triple-I) will deliver an online presentation to state regulators this week on the financial impact/policy coverage issues raised by COVID-19 in the U.S.'s property/casualty (P/C) insurance markets....

Consumers Severely Lack Understanding of Their ID Theft Insurance Coverage Options
March 10, 2020

For immediate release New York Press Office: (212) 346-5500; media@iii.org   NEW YORK, March 10, 2020—Few U.S. homeowners and renters realize their existing insurance policies offer them limited identity (ID) theft coverage, according to the Insurance Information Institute’s (Triple-I) and J.D. Power’s 2020 Consumer Cyber Insurance and Security Spotlight Survey℠....

Media Advisory: Triple-I Experts Are Available to Discuss Insurance Implications of Tennessee’s Deadly Tornadoes
March 06, 2020

For immediate release New York Press Office: (212) 346-5500; media@iii.org NEW YORK, March 6, 2020— Reporters covering the aftermath of this week’s deadly and devastating tornadoes in Tennessee may contact the Insurance Information Institute (Triple-I) for insights and analysis....

Triple-I Issues 2020’s A Firm Foundation: How Insurance Supports the Economy
March 03, 2020

For immediate release New York Press Office: (212) 346-5500; media@iii.org   NEW YORK, March 3, 2020—The 2020 edition of A Firm Foundation: How Insurance Supports the Economy is now available online and free of charge. “The U.S.’s insurers provide financial security and peace of mind to millions of Americans while also being one of the U.S. economy’s most significant employers, investors, and taxpayers....

U.S. Homeowners Insurers Given Record-High Satisfaction Score
February 28, 2020

For immediate release New York Press Office: (212) 346-5500; media@iii.org   NEW YORK, February 28, 2020 – U.S. homeowners who filed an insurance claim last year cumulatively gave their insurers record-high customer satisfaction ratings after being surveyed by J.D. Power, according to the Insurance Information Institute (Triple-I). U.S. homeowners insurers were given a record-high score of 881 (on a 1,000-point scale) in the just-released J.D. Power 2020 U.S....

Triple-I Appoints Friedlander, Maccini To Key Communications Posts
February 18, 2020

For immediate release New York Press Office: (212) 346-5500; media@iii.org NEW YORK, February 18, 2020 —Mark Friedlander and Kris Maccini have been appointed to senior communications positions at the Insurance Information Institute (Triple-I) to broaden the organization’s traditional and social media operations. “We are extremely pleased to strengthen our roster with such experienced communications professionals,” said Sean Kevelighan, CEO, Triple-I....

Triple-I Video: U.S. Must Prepare For, And Insure Against, Natural Disasters
February 13, 2020

For immediate release New York Press Office: (212) 346-5500; media@iii.org   NEW YORK, February 13, 2020 —The societal need to build resilience to natural disasters is the theme of the just-released Covered: The Story of a More Insured World, the Insurance Information Institute’s (Triple-I) newest video....

Utica National’s Richard P. Creedon Elected Chairman Of The Triple-I’s Board
February 06, 2020

For immediate release New York Press Office: (212) 346-5500; media@iii.org   NEW YORK, February 6, 2020 – Richard P. Creedon, chairman of the board and chief executive officer of the member companies of the Utica National Insurance Group, has been elected chairman of the Insurance Information Institute’s (Triple-I) board of directors....

Triple-I Marks Its Fifth Straight Year As An Insurance Careers Month Partner
February 04, 2020

For immediate release New York Press Office: (212) 346-5500; media@iii.org   NEW YORK, February 4, 2020— Furthering its ongoing and collaborative work to enhance talent recruitment efforts among the U.S.’s college students and young professionals, the Insurance Information Institute (Triple-I) will once again be a key partner to the annual Insurance Careers Month (ICM), now in its fifth year....

Media Advisory: Triple-I Has Insurance Resources For New York Boat Show
January 24, 2020

For immediate release New York Press Office: (212) 346-5500; media@iii.org   NEW YORK, January 24, 2020 — Reporters covering this weekend’s Progressive Insurance New York Boat Show and seeking insights on how to insure recreational watercraft can contact the Insurance Information Institute (Triple-I)....

2020 Insurance Fact Book Is Online And Available For Purchase
January 08, 2020

For immediate release New York Press Office: (212) 346-5500; media@iii.org  NEW YORK, January 8, 2020— The Insurance Information Institute (Triple-I) has released the 2020 Insurance Fact Book, a premier “go-to” publication issued annually since the Triple-I’s inception in 1960 and an essential resource for anyone who needs the most up-to-date information on insurance....

Triple-I Sponsored Academic Study: Rising Costs, Not Insurer Profits, Drive Auto Rates Higher
January 07, 2020

For immediate release New York Press Office: (212) 346-5500; media@iii.org  NEW YORK, January 7, 2020—U.S. auto insurer claim payout costs largely determine what a typical driver pays for coverage, according to a new study published in the National Association of Insurance Commissioners’ (NAIC) Journal of Insurance Regulation.  The study was commissioned by the Insurance Information Institute (Triple-I) through its non-resident scholar network....