III | We are the trusted source of unique, data-driven insights on insurance to inform and empower c

Web Name: III | We are the trusted source of unique, data-driven insights on insurance to inform and empower c

WebSite: http://www.iii.org

ID:16207

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Our Promise We are the Insurance Information Institute. Since 1960, we have been the trusted source of unique, data-driven insights on insurance to inform and empower consumers. We serve consumers, media and professionals seeking insurance information. Learn More The Triple-I and The Institutes announce plan to affiliate The Triple-I and The Institutes have announced that the two organizations would enter an affiliation whereby The Institutes would bring the Triple-I brand into The Institutes structure, making the two "better empowered to serve those interested in risk management and insurance.” Learn more Safeguard your business from wildfires With business owners facing the ‘new normal’ of a seven-month wildfire season, compounded by rising temperatures, public safety power shutoffs, COVID-19 and civil unrest – wildfire preparation will be more critical than ever this year. Insurance Industry Global Macro And Insurance Outlook The world’s 10 largest insurance markets are cumulatively expected to see gross domestic product (GDP) decrease by 4.9 percent in 2020 compared to 2019 because of COVID-19. “The most likely outcome for the rest of 2020 is a slow recovery, with multiple false starts and step backs, that does not stabilize until well into 2021,” according to Dr. Michel Léonard, Triple-I vice president and senior economist, author of the report.| Video I.I.I. GlossaryESCROW ACCOUNT- Funds that a lender collects to pay monthly premiums in mortgage and homeowners insurance, and sometimes to pay property taxes.PREFERRED PROVIDER ORGANIZATION- Network of medical providers which charge on a fee-for-service basis, but are paid on a negotiated, discounted fee schedule.See Full Glossary The Insurance Information Institute and The Institutes Announce Plan to Affiliate For immediate release MEDIA CONTACTS: Michael Barry, for the Insurance Information Institute michaelb@iii.org 917-923-8245 Vanessa Valore, for The Institutes Valore@TheInstitutes.org 610-644-2100, ext. Read More

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