Insurance Information Institute Statistics

Providing comprehensive statistics indexed by state and insurance categories the insurance fact book allows its readers to understand the industry at a glance.

Insurance information institute statistics. Statistics and studies on the economic impact and other effects of natural and man made disasters. We serve consumers media and professionals seeking insurance information. The insurers in this sample paid 5 37 billion in total hail. Hail claims from 31 companies were studied and results were based on more than 1 5 million claims.

Commercial coverage comes in two broad categories. Information on the economic impact of insurance fraud and other types of crime. When a hurricane threatens to bear down make sure that you know how to batten. A 2016 highway loss data institute hldi study quantified hail related claims under automobile insurance comprehensive coverage based on an analysis of national oceanic and atmospheric administration and hldi data for 2008 to 2014.

Combined ratio of property and casualty insurance industry in the united states from 2000 to 2019 graph. 2 rate of vehicle thefts reported per 100 000 people based on the 2018 u s. The insurance information institute triple i estimates that insured losses from hurricane michael totaled between 9 billion and 12 billion in dollars when it occurred making it the eighth costliest hurricane to hit the united states excluding flood damage covered by the federally administered national flood insurance program nfip. National insurance crime bureau.

We are the insurance information institute. 1 metropolitan statistical areas are designated by the federal office of management and budget and usually include areas much larger than the cities for which they are named. Statistics on homeowners and renters insurance losses plus analysis on coverage rate factors. The camp fire broke out in butte county northern california on november 8 and became the deadliest and most destructive fire on record in the state.

The insurance information institute i i i estimates that insured losses from the carr fire totaled between 1 billion and 1 5 billion in dollars when it occurred.