MEMBERSHIP
AMPLIFY
EN ESPAÑOL
Connect With Us
- Popular search terms
- Automobile
- Home + Renters
- Claims
- Fraud
- Hurricane
- Popular Topics
- Automobile
- Home + Renters
- The Basics
- Disaster + Preparation
- Life Insurance
By Steven Weisbart, Chief Economist The U.S. Labor Department’s Bureau of Labor Statistics (BLS) just published data as of October 2017 on detailed insurance industry employment, and the Insurance Information Institute (I.I.I.)website contains updated multi-decade trend data in chart form....
James Lynch, I.I.I. chief actuary, presented on November 7, 2017 for Casualty Actuarial Society Annual Meeting in Anaheim, California. This presentation, given at the Casualty Actuarial Society Annual Meeting and available for download, discusses at length how rising frequency and severity is pinching the largest property/casualty line....
By Steven Weisbart, Chief Economist The U.S. Labor Department’s Bureau of Labor Statistics (BLS) just published data as of September 2017 on detailed insurance industry employment, and the Insurance Information Institute (I.I.I.) website contains updated multi-decade trend data in chart form....
Jeanne M. Salvatore, senior vice president and chief engagement officer, presented on Thursday, October 26, 2017 to the Cincinnati CPCU Society’s I-Day in Cincinnati, Ohio on public perceptions of the insurance industry – what consumers and small businessowners know and don’t know about insurance....
This PowerPoint report, “Disruption and insurance: Challenges and opportunities all along the value chain,” discusses the greatest threats and opportunities that are coming in the property/casualty insurance industry. According to the A.M. Best “Winter 2016-17 Insurance Industry Survey,” advanced analytics is named as the biggest opportunity, and insurtech as the biggest threat....
The U.S. Labor Department Bureau of Labor Statistics (BLS) just published data as of August 2017 on detailed insurance industry employment, and the Insurance Information Institute (I.I.I.) website contains updated multi-decade trend data in chart form....
Jim Lynch, I.I.I. Chief Actuary presented on October 5, 2017 for Auto Glass Week in West Palm Beach, Florida. The presentation discusses recent trends in auto insurance, including financial results and accident trends. Primarily, though, it focuses on the potential impact of autonomous vehicles on the insurance world....
Sean Kevelighan, CEO of the Insurance Information Institute, gave this presentation at the 2017 Risk Managment Council in Charleston, SC on September 28, 2017....
On September 21, 2017, James Lynch, Chief Actuary of the I.I.I., gave this presentation on the U.S. insurance market and workers compensation insurance to 20 representatives from China, representing work safety regulators, including China’s State Administration of Work Safety. It provides a history of workers compensation coverage in the U.S. as well as a broad description of how it operates. The goal was to inform the representatives how the U.S....
The U.S. Labor Department’s Bureau of Labor Statistics (BLS) just published data as of July 2017 on detailed insurance industry employment, and the Insurance Information Institute (I.I.I.) website contains updated multi-decade trend data in chart form....
This PowerPoint report discusses disruptors in the insurance industry, and the many forms that they will take: political divisiveness, catastrophes, technology and economic uncertainty, among others. The presentation also discusses trends in personal auto rates as well as commercial auto, challenges and opportunities along the value chain and concludes with some thoughts on what makes a good actuary....
This presentation, given by Insurance Information Institute CEO Sean Kevelighan, Chief Economist Steven Weisbart and Chief Actuary Jim Lynch, to the U.S. Department of the Treasury Federal Advisory Committee on Insurance (FACI), discusses the unique and strong position the insurance industry plays as a leader in the U.S. economy....
This PowerPoint report explores several factors fueling the property/casualty (P/C) insurance industry for 2017. The presentation begins with an overview of the economy, and how it drives the industry, with premium growth following economic growth and inflation. In reserve development, while there has been 10 consecutive years of favorable loss, there is also now reserve deterioration in auto liability lines, but improvement in workers compensation....
This PowerPoint report explores the trends, challenges, disruptors and opportunities in the global commercial property/casualty insurance industry for 2017 and beyond. The presentation begins with an overview of the state of insurance, including top issues for the industry, and includes a look industry financials with a detailed exploration of auto costs. Catastrophe change is also discussed in detail....
The U.S. Labor Department’s Bureau of Labor Statistics (BLS) just published data as of May 2017 on detailed insurance industry employment, and the Insurance Information Institute (I.I.I.) website contains updated multi-decade trend data in chart form....
Robert P. Hartwig, Ph.D., CPCU, Special Consultant to the I.I.I. presented to J.D. Power Insurance Advisory Board in Chicago, IL on June 29, 2017....
This presentation discusses the global protection gap in property insurance, how it is increasing, and lists some contributing factors, such as inadequate financial literacy. In terms of 10-year rolling averages, between 1991 and 2016, insured losses grew by 4.6 percent per year but economic losses by 5.6 percent per year....
This PowerPoint report explores the trends, challenges, disruptors and opportunities in the global commercial property/casualty insurance industry for 2017 and beyond. The presentation begins with an overview of the state of insurance, including top issues for the industry, and includes a look at industry financials with a detailed exploration of auto costs. Disruption is here, but the insurance industry is poised to lead despite the challenges it faces in technology and elsewhere....
James Lynch, Chief Actuary at the I.I.I. gave a presentation at Western States Surplus Lines Conference in Las Vegas, NV on June 12, 2017....
The U.S. Labor Department’s Bureau of Labor Statistics (BLS) just published data as of April 2017 on detailed insurance industry employment, and the Insurance Information Institute (I.I.I.) website contains updated multi-decade trend data in chart form....
Jeanne Salvatore and Michael Barry delivered a presentation at the National Association of Insurance Commissioners Insurance Summit on Thursday, May 25th, 2017 on Consumer Engagement from an Industry Perspective. The presentation included: information on what consumers know and don’t know about insurance; what the industry should be communicating, how we should communicate and sources of information....
The U.S. Labor Department’s Bureau of Labor Statistics (BLS) just published data as of March 2017 on detailed insurance industry employment, and the Insurance Information Institute (I.I.I.) website contains updated multi-decade trend data in chart form....
Jeanne M. Salvatore participated in a panel discussion at PCI’s National Flood Insurance Conference and presented on what consumers understand and don’t understand about water damage and flooding....
Jeanne M. Salvatore gave a presentation to the National Association of Latino Elected and Appointed Officials Education Fund (NALEO) on what policymakers and their constituents need to know about insurance and disasters. This included the key questions individuals and business owners need to ask prior to a disaster to properly protect themselves as well as public perceptions about insurance and the many insurance resources available to policymakers including the I.I.I. ...
Jeanne M. Salvatore gave a presentation at the National Hurricane Conference on what consumers know about both first dollar and NFIP flood insurance, as well as what both individuals and small business owners need to know to protect themselves against flood losses....
In August 1992, Hurricane Andrew sent a two-pronged wake-up call to the U.S. insurance marketplace: The cost of natural disasters had been severely underestimated and property was much more vulnerable to destruction than expected....
Ms. Campbell presented the 2017 Edelman Trust Barometer with a focus on the insurance sector. The 2017 Edelman Trust Barometer reveals that trust is in crisis around the world. The general population’s trust in all four key institutions — business, government, NGOs, and media — has declined broadly, a phenomenon not reported since Edelman began tracking trust among this segment in 2012. View the webinar online...
The U.S. Labor Department’s Bureau of Labor Statistics (BLS) just published data as of February 2017 on detailed insurance industry employment, and the Insurance Information Institute (I.I.I.) website contains updated multi-decade trend data in chart form....
This presentation, made to the American Society of Workers Compensation Professionals (AMCOMP) in Las Vegas, Nevada, examined the current political landscape and how it relates to workers compensation, making the following key points: Political leaders worldwide are contending with many powerful forces – right and left, elite and non-elite, nationalistic and inter nationalistic – that have created a disruptive political environment....
This presentation explains the current state of the P/C Insurance industry and forms projections regarding its future. Here are a few major highlights: The insurance industry entered 2017 in very strong financial condition. The industry now has $1 of surplus for every $0.77 of NPW, close to the strongest claims-paying status in its history....
This presentation, given at the Midwest Actuarial Forum meeting in Chicago, Illinois, illuminates three significant trends shaping the property/casualty insurance business: A decline in profitability through the first three quarters of 2017, driven by higher catastrophe losses and deterioration in commercial and personal auto insurance. An increase in claim costs in personal and commercial auto, with both lines suffering from rising claim frequency and severity....
The U.S. Labor Department’s Bureau of Labor Statistics (BLS) just published data as of January 2017 on detailed insurance industry employment, and the Insurance Information Institute (I.I.I.) website contains updated multi-decade trend data in chart form....
Jeanne Salvatore presented to the Lightning Protection Institute on our strategic partnership and provided updated information on personal and commercial lightning losses....
The U.S. Labor Department’s Bureau of Labor Statistics (BLS) just published data as of December 2016 on detailed insurance industry employment, and the Insurance Information Institute (I.I.I.) website contains updated multi-decade trend data in chart form....
...
The U.S. Labor Department’s Bureau of Labor Statistics (BLS) just published data as of November 2016 on detailed insurance industry employment, and the Insurance Information Institute I.I.I. website contains updated multi-decade trend data in chart form....