Insurance Information Institute

• NAMIC Opposes Mandatory Coverage for Gun Owners in D.C.

  By Anya Khalamayzer, PropertyCasualty360.com  |  May 17, 2013

  Under the proposal, the state’s current 2,000 registered gun owners and all future buyers would have to take out a $250,000 policy covering damage from any gun use, even willful and illegal acts.

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  Auto Recalls Likely Won’t Impact Insurance for Manufacturers

  By Anya Khalamayzer, PropertyCasualty360.com  |  May 15, 2013

  A series of car recalls to hit the automotive industry this spring, including investigations of models created by Ford, Chrysler, Chevrolet and Toyota, is unlikely to impact auto manufacturer’s insurance rates.

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  Top 10 States for Dog Bite Claims

  By Caterina Pontoriero, PropertyCasualty360.com  |  May 15, 2013

  It’s a dog-eat-dog world, and last year 3,670 State Farm customers were wearing Milk-Bone underwear. Click to see State Farm’s top 10 states for dog bite claims in 2012.

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  CFA's Hunter, I.I.I.'s Hartwig Spar on Need for TRIA Renewal

  By Mark E. Ruquet, PropertyCasualty360.com  |  May 8, 2013

  In the latest war of words over the future of the Terrorism Risk Insurance Act, the president of the Insurance Information Institute accuses the Consumer Federation of America of being anti-consumer for its opposition to an extension.

• P&C Carriers Add Jobs in March; Agent/Broker Employment Continues to Decline

  By Phil Gusman, PropertyCasualty360.com  |  May 6, 2013

  Property and Casualty carriers added 900 jobs in March -- a month that saw employment shrink in most other sectors of the insurance industry, according to an analysis of the latest figures from the U.S. Labor Department’s Bureau of Labor Statistics.

• A Human Race

  By Bill Coffin  |  May 1, 2013

  The April 15 bombings at the Boston Marathon are probably the worst act of terrorism on American soil since the 9/11 attacks some 12 years ago. The attack has all the hallmarks of what a terror event is supposed to do: strike innocent people in a highly visible fashion and...

• Executive of the Month: Bill Ross, CEO, Insurance Industry Charitable Foundation

  By Anya Khalamayzer  |  May 1, 2013

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  After Sandy, After Boston, After 9/11—Still Recovering

  By Mark E. Ruquet, PropertyCasualty360  |  April 29, 2013

  Six months after Sandy, it's clear that we don't just need better claims. We need better risk financing.

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  Industry Underwriting Results Improve; 2012 Net Income Up 72.3%

  By Chad Hemenway, PropertyCasualty360.com  |  April 26, 2013

  The insurance industry lost money on underwriting in 2012 and its rate of return of 5.9 percent fell far short of its long term average. But profitability is improving.

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  Reassessing Fraud Risk, Part 1

  By Denise Tessier  |  April 25, 2013

  The first in a two-part series examines the fraud epidemic, from claims risks to employee crime.

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  NJ, NY Insurers Settle 93% of Superstorm Sandy Claims

  By Arthur D. Postal, PropertyCasualty360.com  |  April 22, 2013

  Superstorm Sandy is now the third costliest storm in U.S. history, the Insurance Information Institute says.

• Insured Losses From Summer Derecho Double in Ohio

  By Anya Khalamayzer, PropertyCasualty360.com  |  April 17, 2013

  Insurance losses for 2012’s summer derecho storms in the Midwest have reached $845 million in Ohio, nearly double the Ohio Insurance Institute's initial estimate of $440 million.

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  A Human Race

  By Bill Coffin  |  April 16, 2013

  A day after the Boston marathon bombing, a different kind of race continues.

• Industry Sees Boston's Importance for TRIA; Focus Now on Justice, Recovery

  By Arthur D. Postal, PropertyCasualty360.com, Elizabeth D. Festa, PropertyCasualty360.com  |  April 16, 2013

  The head of the Insurance Information Institute says in the wake of the bombing tragedy at the Boston Marathon that the stability of the terrorism risk insurance market is contingent on sustaining a federal terrorism risk insurance backstop.

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  I.I.I.'s Hartwig Narrowly Misses Boston Marathon Blasts

  By Chad Hemenway, PropertyCasualty360.com  |  April 15, 2013

  Robert Hartwig, president of the Insurance Information Institute, was no more than 100 feet away from where one of two reported explosions near the finish line at the Boston Marathon occurred April 15.

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  Insurance Industry Closely Watches Proposed Firearms Liability Laws

  By Bonnie Cavanaugh, PropertyCasulaty360.com  |  April 12, 2013

  Legislators from the federal government to the state level have been vocalizing their request for improved gun control, but does the insurance industry have a role?