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Insurance Information Institute Releases 2018 Fact Book
April 11, 2018

FOR IMMEDIATE RELEASE Kim Kirchner, Coburn Communication: (212) 536-9837; Kim.Kirchner@coburnww.com   NEW YORK, April 11, 2018 – Known for offering the latest qualitative figures and developments within the insurance industry, the Insurance Information Institute (I.I.I.) has published its 2018 Insurance Fact Book, the industry’s go-to resource for businesses, journalists, policymakers, researchers, and students....

MEDIA ADVISORY: I.I.I. Non-Resident Scholar Issues Initial 2018 Atlantic Hurricane Season Forecast
April 05, 2018

FOR IMMEDIATE RELEASE New York Press Office: (212) 346-5500; media@iii.org New York, April 5, 2018—Dr. Philip Klotzbach of Colorado State University (CSU), a non-resident scholar for the Insurance Information Institute (I.I.I.), released CSU’s first extended range forecast for the 2018 Atlantic hurricane season today....

Dog Bite Claims Nationwide Increased 2.2 Percent; California, Florida And Pennsylvania Lead Nation In Number of Claims
April 05, 2018

FOR IMMEDIATE RELEASE New York Press Office: (212) 346-5500; media@iii.org NEW YORK, April 5, 2018 — Dog bites and other dog-related injuries accounted for more than one third  of all homeowners liability claim dollars paid out in 2017, costing almost $700 million, according to the Insurance Information Institute (I.I.I.) and State Farm®, the largest writer of homeowners insurance in the United States. An analysis of homeowners insurance data by the I.I.I....

Laura L. Favinger Appointed Chief Administrative Officer At I.I.I.
March 27, 2018

FOR IMMEDIATE RELEASE New York Press Office: (212) 346-5500; media@iii.org   NEW YORK, March 27, 2018 — Laura L. Favinger has been named Chief Administrative Officer at the Insurance Information Institute (I.I.I.), a newly-created position. Favinger was previously Senior Vice President and Head of Government and Industry Affairs for Zurich North America....

MEDIA ADVISORY: Insurance And Disaster Preparedness Experts Available For Interviews At 2018 National Hurricane Conference
March 26, 2018

For immediate release New York Press Office: (212) 346-5500; media@iii.org   Orlando, Fla., March 26, 2018—The Insurance Information Institute (I.I.I.) is participating in sessions on Wednesday, March 28, and Thursday, March 29, at 2018’s National Hurricane Conference (NHC), where experts on insurance and disaster preparedness will be available for media interviews....

MEDIA ADVISORY: Concerned About Winter Storm Damage To Your Home Or Car? Here’s What’s Covered by Your Insurance
March 02, 2018

FOR IMMEDIATE RELEASE New York Press Office: (212) 346-5500; media@iii.org   NEW YORK, March 2, 2018— With winter storm and severe wind conditions hitting a large swath of the Northeast, the Insurance Information Institute (I.I.I.) offers the following information on insurance coverage: Auto Policies Vehicle crashes between two or more drivers caused by snowy and slippery roads are covered by liability insurance, which is required by most states....

Property/Casualty Insurance Industry’s Net Income Drops 30.3 Percent in Nine-Months 2017
January 26, 2018

JERSEY CITY, N.J., January 26, 2018 — The private U.S. property/casualty insurance industry saw its net income after taxes drop to $22.4 billion in nine-months 2017 from $32.1 billion in nine-months 2016—a 30.3 percent decline—and its overall profitability as measured by its annualized rate of return on average policyholders’ surplus fall to 4.2 percent from 6.3 percent, according to ISO, a Verisk (Nasdaq:VRSK) business, and the Property Casualty Insurers Association of America (PCI)....