When protests, riots or civil disorders break out, home, business and car owners are often—and rightly—concerned about damage to their property. But is property damage caused by riot, civil commotion and vandalism covered by standard insurance policies?
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.
MUNICIPAL LIABILITY INSURANCE- Liability insurance for municipalities.
KIDNAP/RANSOM INSURANCE- Coverage up to specific limits for the cost of ransom or extortion payments and related expenses. Often bought by international corporations to cover employees. Most policies have large deductibles and may exclude certain geographic areas. Some policies require that the policyholder not reveal the existence of the coverage.See Full Glossary
For Immediate Release New York Press Office: (917) 923-8245; firstname.lastname@example.org 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; email@example.com 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