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For immediate release New York Press Office: (212) 346-5500; media@iii.org NEW YORK, Dec. 18, 2019 – Many U.S. states experienced winter weather conditions this fall even though the season’s official start is Saturday, Dec. 21, meaning months of snow, ice and frigid temperatures lay ahead....
For immediate release New York Press Office: (212) 346-5500; media@iii.org NEW YORK, November 26, 2019 -- The 2019 Atlantic hurricane season is about to conclude with 18 named storms, six hurricanes and three major hurricanes (Category 3 or higher), according to the Insurance Information Institute (I.I.I.). One tropical storm — Imelda—and two hurricanes—Barry and Dorian—made landfall in the U.S. during the six-month hurricane season, which officially ends on Nov. 30....
For immediate release I.I.I. Press Office: (212) 346-5500; media@iii.org NEW YORK, November 13, 2019—The Insurance Information Institute (I.I.I.) today announced the appointment of 15 new Non-Resident Scholars (NRS) in a move which expands dramatically the I.I.I.’s formal ties to academia and the business community. “The Insurance Information Institute is pleased to join forces with this diverse group of thought leaders,” stated Sean Kevelighan, CEO, I.I.I....
For immediate release I.I.I. Press Office: (212) 346-5500; media@iii.org NEW YORK, November 5, 2019 – Nearly a year after the deadliest and costliest wildfire in U.S. history, insurers and the customers they cover are revisiting how to reduce their collective exposure to this risk, according to the Insurance Information Institute (I.I.I.)....
For immediate release New York Press Office, Insurance Information Institute: (212) 346-5500; media@iii.org NEW YORK, October 30, 2019—Margaret Brennan, moderator of CBS News’ Face the Nation, and Glenn Hubbard, former chairman of the U.S. Council of Economic Advisers, will address the 38th annual Property/Casualty (P/C) Joint Industry Forum on Thursday, Jan....
For immediate release I.I.I. Press Office: (212) 346-5500; media@iii.org NEW YORK, October 29, 2019—U.S. companies express concern about cyberattacks but are reluctant to buy cyber insurance in large part because the coverage is seen as either too expensive or unnecessary, a survey by the Insurance Information Institute and J.D. Power revealed....
For immediate release New York Press Office: (212) 346-5500; media@iii.org NEW YORK, October 28, 2019—Before Halloween arrives on Thursday, Oct. 31, homeowners can take steps to make the day a safer one for themselves as well as those who will be visiting them, according to the Insurance Information Institute (I.I.I.). These five tips will keep your home—and trick-or-treaters—safer on Halloween, according to the I.I.I....
For immediate release New York Press Office: (212) 346-5500; media@iii.org NEW YORK, October 28, 2019 —Reporters covering California’s Kincade and Tick Fires are encouraged to contact the Insurance Information Institute (I.I.I.) for interviews and analysis. The I.I.I....
FOR IMMEDIATE RELEASE Janet Ruiz, Insurance Information Institute (I.I.I.), 707-490-9365, janetr@iii.org Daniel Dal Pino, Jumpstart Recovery, 510-325-7964, daniel@jumpstartrecovery.com (Dal Pino is scheduling media visits for the Shake Trailer) NEW YORK, October 16, 2019—On the Loma Prieta earthquake’s 30th anniversary, the Insurance Information Institute (I.I.I.) will participate in The Great California Shakeout, an annual event which reminds the public to Drop, Cover, and Hold On when t…...
For immediate release I.I.I....
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)....
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....
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....
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.)....
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....
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....
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....
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....
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.)....
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....
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.)....
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....
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....
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....
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....
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....
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....
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....
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....
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....
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....
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....
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....
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....
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....
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....
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....
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....
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....
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....
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....
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.)....
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....
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....
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....
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....
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.)....
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....