Insurance Information Institute (I.I.I.). News

How TRIA Would Handle Another 9/11: I.I.I.

The Insurance Information Institute’s new white paper, “A World Without TRIA: Incalculable Risk,” shows how the market for terrorism insurance has evolved since the 2001 terrorist attacks – from the early days in which there was effectively no market (insurers …

Challenges Facing the Florida Insurance Market: A Reinsurer’s Perspective

Hurricanes Irma and Michael served as a reminder that Florida, more than any other state, is at risk of one of the most intense natural perils, namely hurricanes. The existence of a stable insurance market providing its customers with a …

I.I.I. Appoints Friedlander as Florida Communications Consultant

The Insurance Information Institute (I.I.I.) has appointed Mark Friedlander as its new Florida-based communications consultant. Friedlander was most recently a communications consultant at the Insurance Institute for Business & Home Safety (IBHS), where he focused on media relations. He is …

I.I.I. Adds Ruiz, NAIC’s Holeman to Communications Team

The New York-based Insurance Information Institute (I.I.I.) has appointed two new full-time employees with 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 …

I.I.I. Study Cites AOB Abuse for Increasing Insurance Costs In Florida

A new study released by the Insurance Information Institute (I.I.I.) finds that Florida’s assignment of benefits (AOB) crisis has cost consumers billions of dollars in unnecessary litigation and inflated claim costs as the abuse continues to spread statewide. “In Florida, …

How Insurance Boosts Economy, Communities and Innovation: I.I.I.

While consumers understand insurance as protection against financial loss, the industry’s contribution to the economy goes much further. A white paper from the industry’s Insurance Information Institute (I.I.I.) argues that insurance also serves a wide variety of roles that preserve …

Here’s What a Category 5 Hurricane Could Do to Florida

Florida hasn’t suffered a category 5 storm since Hurricane Andrew hit the north Miami area on Aug. 24 1992, but the risk of such a storm has not gone away or even declined. In fact, the state’s risk of destruction …

25 Years Later…What If an Andrew-Type Storm Hit Florida Today?

Though Florida hasn’t suffered a category 5 storm since Hurricane Andrew hit the north Miami area on Aug. 24 1992, the risk of such a storm has not gone away or even declined. In fact, the state’s risk of destruction …

25 Years Later: How Florida’s Insurance Industry Has Changed Since Hurricane Andrew

Aug. 24, 1992 was anything but a typical Monday for Robert Reynolds as he drove through debris-filled roads and devastation on the way to his family-run agency then located just north of Homestead, Fla. Hurricane Andrew had just barreled through …

Former I.I.I. President, Mechlin D. Moore, Passes Away at 87

Mechlin D. Moore, former president and chief executive officer of the Insurance Information Institute (I.I.I.), passed away on Tuesday, June 13, following a lengthy battle with cancer. Moore, of Rye, New York, led the I.I.I. from 1979 until his retirement …