Presentations

Insurance Industry Employment Trends: 1990-2017 (October 2017)
December 12, 2017

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....

Rising auto costs
November 07, 2017

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....

Insurance Industry Employment Trends: 1990-2017 (September 2017)
November 06, 2017

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....

Consumer understanding and perceptions about insurance
October 26, 2017

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....

Disruption and Insurance
October 16, 2017

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....

Insurance Industry Employment Trends: 1990-2017 (August 2017)
October 09, 2017

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....

Changing trends in auto insurance
October 05, 2017

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....

Accelerating change
September 28, 2017

Sean Kevelighan, CEO of the Insurance Information Institute, gave this presentation at the 2017 Risk Managment Council in Charleston, SC on September 28, 2017....

Overview of the U.S. workers compensation system
September 21, 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....

Insurance Industry Employment Trends: 1990-2017 (July 2017)
September 05, 2017

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....

Disruption on the horizon?
August 29, 2017

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....

Insurance: Leading through disruption
August 17, 2017

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....

What’s Driving the P/C Industry?
July 27, 2017

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....

AEGIS - 2017 Economic and Insurance Market Conditions and Disruption in the Insurance Industry
July 19, 2017

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....

Insurance Industry Employment Trends: 1990-2017 (May 2017)
July 10, 2017

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....

Trends, Challenges & Opportunities in the P/C Insurance In Industry 2017 and Beyond
June 29, 2017

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....

The Protection Gap – New Challenges for Insurers and Consumers
June 26, 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....

Insurance: Leading Through Disruption
June 20, 2017

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....

Property/Casualty 2017: An Overview of the Industry
June 12, 2017

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....

Insurance Industry Employment Trends: 1990-2017 (April 2017)
June 05, 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....

Consumer Engagement from an Industry Perspective
May 25, 2017

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....

Insurance Industry Employment Trends: 1990-2017 (March 2017)
May 08, 2017

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....

Increasing Customer Awareness: Enhancing the Customer Experience
May 02, 2017

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....

Identifying the Hazards and Mitigation Planning
April 21, 2017

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.  ...

What it Looks Like From Here: Perspectives on the National Flood Insurance Program from an Insurance Adjuster’s Perspective
April 20, 2017

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....

Hurricane Andrew’s Enduring Impact on the U.S. Insurance Industry
April 18, 2017

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....

2017 Edelman Trust Barometer
April 11, 2017

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...

Insurance Industry Employment Trends: 1990-2017 (February 2017)
April 10, 2017

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....

Insurance Industry and Business Landscape Post Election
March 16, 2017

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....

The P/C Insurance Industry: Financial Update and Outlook
March 15, 2017

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....

Trends and Topics in the Property/Casualty Industry
March 10, 2017

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....

Insurance Industry Employment Trends: 1990-2017 (January 2017)
March 10, 2017

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....

2017 Conference of United Lightning Protection Association and Lightning Protection Institute
February 13, 2017

Jeanne Salvatore presented to the Lightning Protection Institute on our strategic partnership and provided updated information on personal and commercial lightning losses....

Insurance Industry Employment Trends: 1990-2016 (December 2016)
February 03, 2017

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....

Private Passenger Auto Insurance Trends in Georgia: Frequency and Severity on the Rise
January 11, 2017

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Insurance Industry Employment Trends: 1990-2016 (November 2016)
January 06, 2017

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....