Insurance Information Institute News
Liberty Mutual Launches Telematics Option For Home Smoke Alarms
Liberty Mutual Insurance hopes to advance the use of telematics in the home, with promises of extra discounts to customers who use a high-tech smoke and carbon monoxide alarm and agree to share the ...
P/C Insurer Net Income Over $55B for 2014: ISO/PCI Report
Net income for U.S. property/casualty insurers totaled $55.5 billion after taxes last year, coming as little surprise to experts who had forecast a $50-billion-plus result early this year. In early ...
Hartwig Defends WC Insurers in Rebuttal to ProPublica Exposé
The president of the Insurance Information Institute, Robert Hartwig, is the latest industry participant to offer a rebuttal to a series of critical articles about the workers compensation system. A ...
P/C Industry Profit Estimated at Over $50B for 2014
Overall profit for the U.S. property/casualty insurance industry should pass the $50 billion mark for 2014, according to estimates presented by the president of the Insurance Information Institute on ...
Insurance Coverage Basics for Volcano Claims
Damage caused to property by lava flow, which recently started to move again on Hawaii's Big Island, is covered under a homeowners, renters or business insurance policy, according to the Insurance ...
I.I.I.: Earthquake Risks Rising as Homeowners Coverage Declines
While earthquake risks are rising in the U.S., fewer homeowners nationally say they have earthquake insurance, creating a potentially huge gap in coverage, according to the Insurance Information ...
Lighting Losses Fell for Insurers in 2013, But Average Claim More than Double Since 2004
Insured losses to homes from lightning strikes in the United States fell to their lowest level in a decade last year, as severe thunderstorm activity eased from near-record levels and dry weather ...