Press Releases En Español Spokespeople Media Inquiries
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;   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)....