Insurance Information Institute CEO Sean Kevelighan participated on a business interruption insurance panel organized by the U.S. House of Representatives on May 21, 2020. The virtual session was hosted by the Innovation and Workforce Subcommittee of the House Committee on Small Business. View the video and presentation here.
Severe convective storms are among the most common, most damaging natural catastrophes in the United States. The result of warm, moist air rising from the earth, they manifest in various ways, depending on atmospheric conditions – from drenching thunderstorms with lightning, to tornadoes, hail, or destructive straight-line winds.
Measuring and forecasting inflation is important in setting premiums and anticipating claims. Historically, recessions tend to drive prices down, but that's not necessarily true for insurance. This presentation by Triple-I Chief Economist Dr. Steven Weisbart looks at insurance prices and the forces that affect them.
COMMISSION- Fee paid to an agent or insurance salesperson as a percentage of the policy premium. The percentage varies widely depending on coverage, the insurer, and the marketing methods.
MEDICAL UTILIZATION REVIEW- The practice used by insurance companies to review claims for medical treatment.See Full Glossary
For Immediate Release New York Press Office: (917) 923-8245; email@example.com NEW YORK, May 28, 2020—With 2020’s Atlantic hurricane season starting on Monday June 1, the Insurance Information Institute (Triple-I) has issued its updated Hurricane Fact Files for six states: Alabama, Florida, Louisia… Read More
For immediate release New York Press Office: (917) 923-8245; firstname.lastname@example.org NEW YORK, May 22, 2020—The importance of disaster preparedness, building resilience, and innovative insurance products were the themes panelists highlighted at a virtual Town Hall co-hosted by th… Read More