The Insurance Information Institute (I.I.I.) is a
U.S. industry association 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 U ...
. 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, 2010 ...
. 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,
homeowner's insurance,
life insurance
Life insurance (or life assurance, especially in the Commonwealth of Nations) is a contract between an insurance policy holder and an insurer or assurer, where the insurer promises to pay a designated beneficiary a sum of money upon the death ...
,
annuities,
health insurance,
long-term care insurance and
disability insurance. The Web site also contains papers, presentations and factsheets that focus on financial results,
disasters,
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, 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
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