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I.I.I. To Salute Resiliency Innovators at 2019’s InsureTech Connect Conference
September 20, 2019

For immediate release New York Press Office: (212) 346-5500; media@iii.org NEW YORK, September 20, 2019—The Resiliency Innovation Challenge will conclude on Wednesday, Sept. 25, as three companies vie for the top honor in a competition co-hosted by the Insurance Information Institute (I.I.I.) and InsureTech Connect (ITC)....

I.I.I., University of Pennsylvania Announce Winning Teams in 2nd Annual Hack-for-Resilience
September 17, 2019

For immediate release New York Office: (212) 346-5500; media@iii.org    NEW YORK, September 17, 2019—Four student entries were given top honors this month at a competition aimed at improving individual and community resilience to natural disasters and co-sponsored by the Insurance Information Institute (I.I.I.) and the University of Pennsylvania. The winning teams emerged during the second annual Hack-for-Resilience, conducted between Sept. 6-8 as part of the PennAppsXX hackathon....

I.I.I. Issues Its First-Ever Global Macro and Insurance Outlook
September 10, 2019

For immediate release New York Press Office: (212) 346-5500; media@iii.org NEW YORK, September 10, 2019—Nearly every large economy’s gross domestic product (GDP) growth worldwide is expected to be lower in 2019 than in 2018 yet insurers have found ways to remain profitable, according to a new Insurance Information Institute (I.I.I.) report. “Global premium growth has been steady,” stated Dr....

Nearly Two Decades After 9/11, I.I.I. Examines Continued Need for U.S. Government’s Terrorism Insurance Role
September 09, 2019

For immediate release New York Press Office: (212) 346-5500; media@iii.org NEW YORK, September 9, 2019 — Enacted after 9/11, the federal Terrorism Risk Insurance Act (TRIA) has been an essential component of the U.S.’s economy because the law has made terrorism insurance available and affordable, according to the Insurance Information Institute (I.I.I.)....

I.I.I. Partnering with University of Pennsylvania At Annual Tech Gathering
September 04, 2019

For immediate release New York Press Office: (212) 346-5500; media@iii.org   NEW YORK, September 4, 2019—The Insurance Information Institute (I.I.I.) is for the second straight year co-sponsoring with a University of Pennsylvania research center a competition for college students aimed at developing innovative solutions to real-world disaster resilience problems. To be held during the PennAppsXX hackathon, which starts on Friday, Sept. 6, and concludes on Sunday, Sept....

Hurricane Dorian Expected to Impact Georgia and the Carolinas
September 01, 2019

For immediate release New York Press Office: (212) 346-5500; media@iii.org NEW YORK, September 1, 2019 — Hurricane Dorian may now impact Georgia, North Carolina, and South Carolina, states which dealt last year with severe storms, according to the Insurance Information Institute (I.I.I.). “With more Americans than ever living in harm’s way of hurricanes, it’s absolutely critical to pay attention and take precautions,” said Sean Kevelighan, CEO, I.I.I....

Media Advisory: I.I.I. Experts Are Available Over the Labor Day Weekend to Discuss Hurricane Dorian’s Insurance Implications
August 30, 2019

For immediate release New York Press Office: (212) 346-5500; media@iii.org NEW YORK, August 30, 2019 — Reporters covering Hurricane Dorian are encouraged to contact the Insurance Information Institute (I.I.I.) for interviews and analysis over the Labor Day weekend. The I.I.I....

Tropical Storm Dorian May Reach Major Hurricane Strength in Florida Over Labor Day Weekend
August 28, 2019

For immediate release New York Press Office: (212) 346-5500; media@iii.org NEW YORK, August 28, 2019 —Florida’s East Coast could soon experience hurricane conditions because of Tropical Storm Dorian, according to a U.S. federal government statement issued today. The National Hurricane Center’s (NHC) latest five-day forecast has Dorian approaching Florida’s East Coast at hurricane strength by Sunday, Sept....

Parents Should Study How Campus Life Impacts Their Insurance
August 07, 2019

For immediate release New York Press Office: (212) 346-5500; media@iii.org NEW YORK, August 7, 2019 — The parents of full-time college students should review their insurance policies to make sure their children’s personal possessions are covered while they’re away at school, according to the Insurance Information Institute (I.I.I.)....

Media Advisory: I.I.I. To Join Ford Motor Company at Fresno State Event on July 31 as Part of Ford’s Driving Skills for Life Program
July 30, 2019

For immediate release I.I.I. New York Press Office: (212) 346-5500; media@iii.org Janet Ruiz, I.I.I., Director—Strategic Communications: (707) 490-9365; janetr@iii.org  Fresno, Calif., July 30, 2019 —The Insurance Information Institute (I.I.I.) will be in attendance tomorrow (Wednesday, July 31) when reporters drive controlled courses at California State University, Fresno while wearing one of the Ford Motor Company’s Drugged Driving suits....

Insurance Rating Variables: A Closer Look
July 24, 2019

For immediate release New York Press Office: (212) 346-5500; media@iii.org   ARLINGTON, VA & NEW YORK – July 24, 2019 – Rating variables are an indispensable tool for setting the cost of insurance and restricting their use can have unintended consequences, according to a new paper released jointly by the Casualty Actuarial Society (CAS) and the Insurance Information Institute (I.I.I.)....

I.I.I. Offers Guidance to Texans, Louisianans As Tropical Storm Barry Approaches
July 11, 2019

For immediate release New York Press Office: (212) 346-5500; media@iii.org NEW YORK, July 11, 2019 — Tropical Storm Barry has the potential to cause property damage along the Gulf Coast which is covered under different insurance policies, according to the Insurance Information Institute (I.I.I.). Wind-caused property damage is covered under standard homeowners, renters and business insurance policies. Renters’ insurance covers a renter’s possessions; the landlord insures the structure....

Mark Friedlander Appointed as I.I.I.’s Florida Communications Consultant
July 10, 2019

For immediate release New York Press Office: (212) 346-5500; media@iii.org JACKSONVILLE, Fla., July 10, 2019—Mark Friedlander, a seasoned insurance industry communications and marketing leader, has been appointed as the Insurance Information Institute's (I.I.I.) new Florida-based communications consultant....

I.I.I.: Businesses Should Assess Their Readiness for Earthquakes and Other Natural Disasters
July 09, 2019

For immediate release New York Press Office: (212) 346-5500; media@iii.org     NEW YORK, July 9, 2019 —The 6.4 and 7.1 magnitude earthquakes which struck near Ridgecrest, Calif. late last week are a reminder of a natural disaster’s ability to disrupt a business’ operations, according to the Insurance Information Institute (I.I.I.).  The natural disaster threats to a business depend upon its location, and include hurricanes, tornadoes, and wildfires....

Media Advisory: I.I.I. Available for Insurance-Related Interviews on California’s July 4 Earthquake
July 05, 2019

For immediate release Janet Ruiz, Director, Strategic Communication, 707-490-9365 (California), janetr@iii.org Michael Barry, Head of Media and Public Affairs, 917-923-8245, (New York), michaelb@iii.org   NEW YORK, NY, July 5, 2019—Reporters covering the aftermath of yesterday’s 6.4-magnitude earthquake, with its epicenter near Ridgecrest, Calif., should contact the Insurance Information Institute (I.I.I.) for insights, analysis and interviews....

I.I.I.: Conflicting Marijuana Laws Leading to ‘Haze of Confusion’
June 25, 2019

For immediate release New York Press Office: 212-346-5500; media@iii.org NEW YORK, June 25, 2019—The growing state-level acceptance of medical and recreational marijuana poses a dilemma for the U.S.’s workers compensation insurers as the federal government still considers the drug a controlled substance, according to the Insurance Information Institute (I.I.I.). Federal law does not permit any marijuana use, medical or otherwise....

Californians Urged to Protect Property and Focus On Resilience
June 18, 2019

For immediate release Janet Ruiz, I.I.I., (707) 490-9365, janetr@iii.org Nicole Ganley, APCIA, (916) 616-5855, nicole.ganley@apci.org  Susan Millerick, IBHS, (813) 675-1066, smillerick@ibhs.org   Windsor, Calif., June 18, 2019—Making a few modifications either to your home or business now can safeguard them from wildfires, according to insurance experts who today held a news conference at Santa Rosa Junior College’s Public Training Safety Center....

Lightning-Related Homeowners Insurance Claims Costs Surge
June 18, 2019

For immediate release New York Press Office: 212-346-5500; media@iii.org     NEW YORK, June 19, 2019—The number of lightning-caused U.S....

InsureTech Connect and the Insurance Information Institute Launch the Resiliency Insurance Innovation Challenge
June 11, 2019

For immediate release New York Press Office: 212-346-5500; media@iii.org NEW YORK, June 11, 2019—InsureTech Connect (ITC) and the Insurance Information Institute (I.I.I.) are proud to announce the launch of the first annual Resiliency Insurance Innovation Challenge, to highlight emerging companies and their innovative approaches to the long-standing problems of disaster preparedness and responsiveness....

I.I.I. Releases New Hurricane Fact Files for 3 States as Storm Season Nears
May 29, 2019

For immediate release New York Press Office: 212-346-5500; media@iii.org NEW YORK, May 29, 2019—With 2019’s Atlantic hurricane season starting on Saturday, June 1, the Insurance Information Institute (I.I.I.) has issued its updated Hurricane Fact Files for Florida, Louisiana, and Texas. Hurricanes Irma and Michael made landfall in Florida in 2017 and 2018, respectively, whereas Hurricane Harvey caused widespread damage in Texas and Louisiana in 2017....

Insurers Respond Rapidly to Residents, Businesses Hit by Deadly Tornadoes; Claims Filing Process Begins
May 28, 2019

For immediate release New York Office: 212-346-5500; media@iii.org    NEW YORK, May 28, 2019—U.S. insurers are sending disaster response teams to help victims in the multiple states impacted by yesterday’s tornadoes, according to the Insurance Information Institute (I.I.I.). The National Oceanic and Atmospheric Administration’s (NOAA) Storm Prediction Center reported a total of 55 tornadoes on Memorial Day in Colorado, Idaho, Illinois, Indiana, Iowa, Minnesota, Nebraska, and Ohio....

I.I.I. Releases Its 2019 A Firm Foundation: How Insurance Supports the Economy
May 28, 2019

For immediate release New York Press Office: 212-346-5500; media@iii.org   NEW YORK, May 28, 2019—The Insurance Information Institute (I.I.I.) today released its just-updated A Firm Foundation: How Insurance Supports the Economy. The 2019 edition is now available online free of charge. “Insurance is the lifeblood of any developed economy, as it enables individuals, businesses and even governments to transfer risk to further invest and grow,” said Sean Kevelighan, the I.I.I.’s CEO....

I.I.I. Economist to Lead Silicon Valley Working Group on Extreme Weather
May 21, 2019

For immediate release New York Press Office: 212-346-5500; media@iii.org  NEW YORK, May 21, 2019— Dr. Michel Léonard, CBE, vice president and senior economist with the Insurance Information Institute (I.I.I.) was today appointed by the Silicon Valley Insurance Accelerator (SVIA) to lead its Extreme Weather Working Group.  Dr....

I.I.I.: Know Your Boat’s Insurance Coverage from Stem to Stern
May 16, 2019

For immediate release New York Press Office: 212-346-5500; media@iii.org  NEW YORK, May 16, 2019—With National Safe Boating Week (May 18-24) days away, the Insurance Information Institute (I.I.I.) reminds boat owners to secure the right type and amount of coverage for their recreational vessel....

I.I.I.: Small Businesses Have Big Insurance Needs
May 06, 2019

For immediate release New York Press Office: (212)-346-5500; media@iii.org   NEW YORK, May 6, 2019—On this first weekday of National Small Business Week (May 5-11), the Insurance Information Institute (I.I.I.) reminds entrepreneurs about the insurance policies they should consider as part of their business plans. “Having the right types and amounts of insurance can make the difference between a business’s success and failure....

I.I.I. Economist To Create, Teach New York University Course On Insurance And Data Analytics
April 25, 2019

For immediate release New York Press Office: (212) 346-5500; media@iii.org NEW YORK, April 25, 2019—Dr. Michel Léonard, CBE, the Vice President and Senior Economist at the Insurance Information Institute (I.I.I.), has secured a $50,000 grant from the Spencer Educational Foundation for New York University’s (NYU) Center for Data Science. With the grant’s proceeds, Dr....

MEDIA ADVISORY: I.I.I. Has Featured Role At 2019’s National Hurricane Conference
April 18, 2019

For immediate release New York Press Office: (212) 346-5500; media@iii.org   New Orleans, La., April 18, 2019—The Insurance Information Institute (I.I.I.) is playing a prominent role at 2019’s National Hurricane Conference, which starts on Monday, April 22, at the Hilton New Orleans Riverside. The annual conference serves as a national forum to enhance emergency management policies and improve hurricane preparedness, response, recovery and mitigation....

I.I.I. Non-Resident Scholar Offers First Look At 2019’s Hurricane Season
April 04, 2019

For immediate release New York Press Office: (212) 346-5500; media@iii.org New York, April 4, 2019—A slightly below-average level of activity is envisioned for the 2019 Atlantic hurricane season, according to a forecast released today by Dr. Phil Klotzbach, a non-resident scholar at the Insurance Information Institute (I.I.I.). Dr....

Severe Weather in U.S.’s Upper Midwest Is Winter’s Biggest Insurance Event
March 14, 2019

For immediate release New York Press Office: (212) 346-5500; media@iii.org NEW YORK, March 14, 2019—Auto and home owners who incurred property damage because of this week’s intense winds and blizzard conditions should contact their insurance professional about filing a claim, according to the Insurance Information Institute (I.I.I.). The National Oceanic and Atmospheric Administration (NOAA) reports multiple U.S....

I.I.I. Study Starts Ringing Alarm Bells On Marijuana Legalization and Impaired Driving
March 13, 2019

For immediate release New York Press Office: (212) 346-5500; media@iii.org   NEW YORK, March 13, 2019 –Given that 10 states allow the sale of recreational marijuana, U.S. auto insurers are examining how the drug is impacting motorist behavior and claims-filing patterns, according to a new Insurance Information Institute (I.I.I.) white paper....

I.I.I.’s CEO To Address National Tornado Summit & Disaster Symposium
March 04, 2019

For immediate release New York Press Office: (212) 346-5500; media@iii.org   NEW YORK, March 4, 2019—U.S. insurers are the nation’s economic first responders and outspoken advocates for building resilient structures, according to Sean Kevelighan, the Insurance Information Institute’s (I.I.I.) Chief Executive Officer. Kevelighan is scheduled to make these points at the National Tornado Summit & Disaster Symposium on Tuesday, March 5, at 8 a.m....

I.I.I. Releases Its 2019 Insurance Fact Book
February 28, 2019

For immediate release New York Press Office: (212) 346-5500; media@iii.org NEW YORK, February 28, 2019 –The 2019 Insurance Fact Book, a digital publication offering the latest data on U.S. and global insurance markets is available effective today, according to the Insurance Information Institute (I.I.I.)....

Michael Barry Appointed Head Of I.I.I.’s Communications
February 27, 2019

For immediate release New York Press Office: (212) 346-5500; media@iii.org   NEW YORK, Feb. 27, 2019—Michael Barry has been appointed Head of the Insurance Information Institute’s (I.I.I.) Communications....

Insurers Recruiting New Talent As Tens Of Thousands Near Retirement
February 06, 2019

FOR IMMEDIATE RELEASE New York Press Office: (212) 346-5500; media@iii.org   NEW YORK, February 6, 2019—The Insurance Information Institute (I.I.I.) today released a new video about people who found fulfilling positions in the industry and will host a free webinar on insurance career opportunities on Wednesday, Feb. 20. The insurance industry estimated in 2013 it would need to fill 400,000 jobs nationwide by 2020....

I.I.I.’s Chief Actuary Testifying On Feb. 4 And Feb. 7 At Tallahassee Hearings On Florida’s Assignment Of Benefits (AOB) System
February 04, 2019

FOR IMMEDIATE RELEASE New York Press Office: (212) 346-5500; media@iii.org NEW YORK, February 4, 2019 —James Lynch, the Insurance Information Institute’s (I.I.I.) chief actuary, will brief lawmakers in Tallahassee on Monday, Feb. 4, and Thursday, Feb. 7, about Florida’s Assignment of Benefits (AOB) Crisis, an I.I.I. study he co-authored. Details on the two public hearings are below: Monday, Feb....

Insurance Information Institute Enhances Its Communications Team
January 28, 2019

For immediate release New York Press Office: (212) 346-5500; media@iii.org NEW YORK, January 28, 2019—The Insurance Information Institute (I.I.I.) has appointed two new full-time employees who together bring 50 years of experience in consumer education, media relations, public affairs and strategic communications to the organization. Janet Ruiz, an I.I.I. consultant for the past four years, is now the I.I.I.’s Director of Strategic Communication, based in the San Francisco Bay Area....

Media Advisory: Insurance Resources For Reporters Covering New York Boat Show
January 22, 2019

FOR IMMEDIATE RELEASE New York Press Office: (212) 346-5500; media@iii.org   NEW YORK, January 22, 2019 — Reporters covering the New York Boat Show (January 23-27) and seeking insights on how to insure recreational watercraft can contact the Insurance Information Institute (I.I.I.)....

MEDIA ADVISORY – Insurance Information Institute (I.I.I.) to host its 37th Annual Property/Casualty Joint Industry Forum on Thursday, Jan. 17, in New York City
January 10, 2019

For immediate release Kim Kirchner, Coburn Communication: (212) 536-9837; Kim.Kirchner@coburnww.com New York Press Office, Insurance Information Institute: (212) 346-5500; media@iii.org NEW YORK, Jan. 9, 2019—Randal Quarles, a member of the Federal Reserve’s Board of Governors, is joining the lineup of distinguished speakers at the Insurance Information Institute’s (I.I.I.) 2019 Joint Industry Forum on Thursday, Jan....