The Insurance Information Institute (I.I.I.) is a

U.S. The United States of America (U.S.A. or USA), commonly known as the United States (U.S. or US) or America, is a country primarily located in North America. It consists of 50 states, a federal district, five major unincorporated territori ...

industry association A trade association, also known as an industry trade group, business association, sector association or industry body, is an organization founded and funded by businesses that operate in a specific industry. An industry trade association partici ...

which exists "to improve public understanding of

insurance Insurance is a means of protection from financial loss in which, in exchange for a fee, a party agrees to compensate another party in the event of a certain loss, damage, or injury. It is a form of risk management, primarily used to hedge ...

– what it does and how it works." Founded in 1959, the organization is based in

New York City New York, often called New York City or NYC, is the most populous city in the United States. With a 2020 population of 8,804,190 distributed over , New York City is also the most densely populated major city in the Un ...

. Since 1989 the I.I.I. has held 501(c)(6) tax-exempt status (defined as business leagues, chambers of commerce, boards of trade, and the like).Insurance Information Institute Inc.
(Nonprofit Explorer profile).

ProPublica ProPublica (), legally Pro Publica, Inc., is a nonprofit organization based in New York City. In 2010, it became the first online news source to win a Pulitzer Prize, for a piece written by one of its journalists''The Guardian'', April 13, 2010P ...

. propublica.org. Retrieved 2017-10-21. The I.I.I. web site provides information for consumers, the media, researchers and the general public on a wide range of topics, including

automobile insurance Vehicle insurance (also known as car insurance, motor insurance, or auto insurance) is insurance for cars, trucks, motorcycles, and other road vehicles. Its primary use is to provide financial protection against physical damage or bodily injur ...

homeowner's insurance Home insurance, also commonly called homeowner's insurance (often abbreviated in the US real estate industry as HOI), is a type of property insurance that covers a private residence. It is an insurance policy that combines various personal insura ...

, life insurance,

annuities In investment, an annuity is a series of payments made at equal intervals.Kellison, Stephen G. (1970). ''The Theory of Interest''. Homewood, Illinois: Richard D. Irwin, Inc. p. 45 Examples of annuities are regular deposits to a savings account, m ...

, health insurance,

long-term care insurance Long-term care insurance (LTC or LTCI) is an insurance product, sold in the United States, United Kingdom and Canada that helps pay for the costs associated with long-term care. Long-term care insurance covers care generally not covered by health ...

and disability insurance. The Web site also contains papers, presentations and factsheets that focus on financial results,

disasters A disaster is a serious problem occurring over a short or long period of time that causes widespread human, material, economic or environmental loss which exceeds the ability of the affected community or society to cope using its own resources ...

climate change In common usage, climate change describes global warming—the ongoing increase in global average temperature—and its effects on Earth's climate system. Climate change in a broader sense also includes previous long-term changes to ...

, and other key issues the insurance industry faces. In addition, a number of publications can be purchased via the I.I.I. store, including the ''Insurance Fact Book'', the ''Financial Services Fact Book'', ''Insuring Your Business'', the ''Insurance Handbook'' and a wide variety of brochures, including "12 Ways to Lower Your Homeowners Insurance Costs". The institute's current president and chief executive officer, Sean Kevelighan, assumed the post in August 2016. Kevelighan succeeded Robert Hartwig, who had led I.I.I. since 2007; Hartwig left in order to become a faculty member in the University of South Carolina's

Darla Moore School of Business The Darla Moore School of Business is the official business school of the University of South Carolina. Founded in 1919, the Moore School is located in Columbia, South Carolina and currently enrolls over 5,500 undergraduate and 800 graduate stu ...

, and director of the school's Risk and Uncertainty Management Center.Donlon, Rosalie L. (July 13, 2016).
Insurance Information Institute names Sean Kevelighan president and CEO
. Property Casualty 360°. propertycasualty.com. Retrieved 2017-10-21.

References

External links

I.I.I. online store
Insurance industry organizations Organizations based in New York City Organizations established in 1959 {{business-org-stub