An avaricious oil man. A drug deal gone bad. Teen age pregnancy. Ethically challenged attorneys. A tragedy of misunderstandings. All worthy subjects for the best picture at this year’s Academy Awards. But not one about insurance?
The vast majority of U.S. insurers have little or no exposure to the volatility in the subprime mortgage market because a substantial percentage of their investments are in the highest-rated bonds or stocks with no direct ties to lenders, an Insurance Information Institute (I.I.I.) white paper has found.
As college students start the academic year, they should be prepared to learn lessons that go beyond the classroom. One subject they cannot afford to fail is Personal Finance 101, according to the Insurance Information Institute (I.I.I.).
In the event of a sudden emergency, you may have just minutes to gather your family and important papers, and get out of your house, possibly for good. Are you prepared? Where would you go? What would you take with you?
Last year’s light hurricane season may be contributing to a dangerous sense of complacency among people living in hurricane-prone areas, according to the Insurance Information Institute (I.I.I.).
With temperatures soaring throughout the country, many people will be taking advantage of the heat-beating delights of a swimming pool. Whether you have a luxury in-ground pool, or plan to blow up the simplest of inflatable above-ground pools, it is important to consider the insurance and safety implications, according to the Insurance Information Institute (I.I.I).
The U.S. property/casualty insurance industry’s net income after taxes dipped to $15.8 billion in first-quarter 2007 from $16.7 billion in first-quarter 2006 and $17.7 billion in first-quarter 2005.
They say that lightning never strikes in the same place twice, but for insurers, it strikes over 250,000 times per year, causing hundreds of millions of dollars in damages. In fact, the total cost of homeowners claims for damage due to lightning strikes has increased dramatically—up 20 percent over the last three years,
With the official start of hurricane season less than two weeks away, coastal residents need to make sure that they are properly prepared for the severe storms predicted for 2007, according to the Insurance Information Institute (I.I.I.).
