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Last updated on April 21, 2014 at 1:20 EDT

Latest Insurance Information Institute Stories

2012-04-30 06:25:09

Major Improvements to the Interior or Exterior of Your House Can Significantly Change Your Insurance Needs, says Insurance Information Institute NEW YORK, April 30, 2012 /PRNewswire-USNewswire/ -- Home improvement activity is expected to pick up in 2012, and if you are one of the many Americans planning to remodel your home this year, it is important to have the right amount and type of insurance both during and after the renovation, according to the Insurance Information...

2012-02-21 15:06:00

NEW YORK, Feb. 21, 2012 /PRNewswire-USNewswire/ -- Whether buying coverage for the first time or renewing an existing auto insurance policy, consumers should take advantage of a highly competitive insurance marketplace, according to the Insurance Information Institute (I.I.I.). Consumers can contact their insurance agent or company representative to make sure they are getting the right type of auto insurance at the best possible rate. As a consumer, it is important to educate yourself...

2012-01-19 11:59:00

Know Your Stuff® - Home Inventory Software And App Help Document Your Personal Possessions NEW YORK, Jan. 19, 2012 /PRNewswire-USNewswire/ -- Are you ready to start the year on a firm financial footing? Creating and updating an inventory of your personal possessions is one of the best ways to make the most of your homeowners or renters insurance and now the Insurance Information Institute (I.I.I.) has a new home inventory app to make the process as simple as possible. "Don't wait...

2012-01-04 15:04:00

NEW YORK, Jan. 4, 2012 /PRNewswire-USNewswire/ -- The Insurance Information Institute's (I.I.I.) 2012 Insurance Fact Book is now available for sale for $45 from the I.I.I. Store. An industry staple for over 40 years, the Insurance Fact Book features a wealth of information for consumers, researchers and businesses. It includes hundreds of statistical tables and charts related to: The size and composition of the global insurance sector The automobile and homeowners insurance markets The...

2011-12-30 12:35:00

NEW YORK, Dec. 30, 2011 /PRNewswire-USNewswire/ -- Insurance companies will pay more than $32 billion in claims to help people rebuild homes and businesses damaged or destroyed by natural disasters in 2011, a record year for federal disaster declarations, according to the Insurance Information Institute (I.I.I.). "Catastrophes striking the United States in the first nine months of 2011 caused $32.6 billion in direct insured losses, nearly double the $18.6 billion in catastrophe-caused...

2011-12-06 10:03:00

NEW YORK, Dec. 6, 2011 /PRNewswire-USNewswire/ -- Understanding how auto and homeowners insurance deductibles work is crucial to getting the most out of your insurance dollars, according to the Insurance Information Institute (I.I.I.). "Deductibles impact the price of an insurance policy. In fact raising your deductible is one of the easiest ways to save money on insurance," said Jeanne M. Salvatore, senior vice president and consumer spokesperson for the I.I.I. "However, the amount of the...

2011-09-22 13:54:00

THE I.I.I. OFFERS TIPS TO AVOID BUYING A "FLOODED CAR" NEW YORK, Sept. 22, 2011 /PRNewswire-USNewswire/ -- The summer of 2011 concluded with Hurricane Irene and Tropical Storm Lee causing widespread flooding up and down the Eastern seaboard, damaging not only homes and businesses but cars as well. Unfortunately, some flood-damaged vehicles--after being sold to salvage operators and dealers--will be cleaned up and then re-sold, with the vehicle's flood-damage history illegally hidden,...

2011-07-15 07:00:00

WOODLAND HILLS, Calif., July 15, 2011 /PRNewswire/ -- Insurance New and Market is proud to announce the launch of www.InsuranceNewsAndMarkets.com, an all-in-one news and information based website designed to revolutionize the industry by helping professionals to save both time and money. The website will also serve as a resource center for insurance professionals and public seeking to inform themselves on the latest insurance news and the best insurance products and services. The number...

2011-06-14 12:19:00

PODCAST AVAILABLE FROM THE I.I.I. ON THE THREE MOST IMPORTANT LIGHTNING SAFETY TIPS NEW YORK, June 14, 2011 /PRNewswire-USNewswire/ -- Because lightning is a common occurrence in most people's lives, this destructive force of nature does not get the respect it deserves, according to the Insurance Information Institute (I.I.I.). In fact, every year, lightning strikes the ground 30 million times and injures about a thousand people in the U.S., according to the Lightning Protection...

2011-04-25 09:44:00

Organized Scams Defraud Consumers And Insurers Alike, Costing Billions Of Dollars Annually NEW YORK, April 25, 2011 /PRNewswire-USNewswire/ -- If you have been involved in an auto accident that just didn't feel right, it might not have been an accident at all. More and more criminals are devising elaborate staged vehicle accidents--complete with fake injuries--to collect on insurance policies, according to the Insurance Information Institute (I.I.I.). Not only can these staged accidents...