Insurance Information Institute (I.I.I.). News

Happy Pi Day! Here Are 10 Irrational Insurance Numbers

Known as the “Math Geek Mardi Gras”, Pi Day is a growing international event that underscores the wonder of numbers, by celebrating everyone’s favorite irrational number: Pi. So says the Insurance Information Institute (I.I.I.). And there is no better time …

Dogs Take Big Bite Out of Liability Insurance

Dog bites accounted for more than one-third of all homeowners insurance liability claim dollars paid out in 2013, costing more than $483 million, according to the Insurance Information Institute (III) and State Farm, the nation’s largest writer of homeowners insurance. …

Insured Disaster Losses Higher in Oklahoma Than in Any Other State in 2013

May 20, 2014, marks the one-year anniversary of the deadly tornado outbreak in Moore, Oklahoma, which contributed to the state’s designation as the site of the costliest U.S. natural disasters in 2013, according to the Insurance Information Institute (I.I.I.). “Oklahoma …

Oklahoma, Texas Had Costliest Natural Disasters in 2013: Hartwig

The Oklahoma tornadoes of May 2013 not only caused significant loss of life but also contributed to its designation last year as the costliest state for natural disaster related insurance payouts, according to the Insurance Information Institute (I.I.I.). “Oklahoma’s policyholders …