IVANS 2008 XCHANGE CONFERENCE Key Communications Issues Facing the Property/Casualty Insurance Industry in 2008
|
|
- Zoe Hodge
- 5 years ago
- Views:
Transcription
1 IVANS 2008 XCHANGE CONFERENCE Key Communications Issues Facing the Property/Casualty Insurance Industry in 2008 Tampa, Florida February 7, 2008 Jeanne. M. Salvatore Senior Vice President, Public Affairs Insurance Information Institute
2 Background on the I.I.I. The Insurance Information Institute (I.I.I.) is a non-profit communications organizations supported by the property/casualty insurance industry. The mission of the I.I.I. is to educate the public about insurance what it is and how it works.
3 Presentation Outline Communications initiatives in 2008 will focus on four key initiatives: 1. Consumer Education 2. Key Issues 3. Disaster Communications 4. Reputation Management
4 Consumer Education Key Messages Educate both individuals and small business owners on what is and is not covered in standard home, auto and business insurance policies. This includes the importance of getting the right amount and type of insurance coverage. Help policyholders understand the meaning of the terms and conditions in the policies they purchase, help them make informed purchasing decisions and form reasonable expectation in the event a claim is filed.
5 Consumer Education Key messages (cont.) Encourage consumers and small business owners should review their insurance policies at least once a year to make sure that they are still up-to-date. Explain specific safety measures that will protect homes, drivers and small business owners against a variety of disasters. To help these messages resonate more strongly, the I.I.I. focuses on specific life states and segments of the population.
6 Consumer Education Tactics A special program will be undertaken to improve the public s understanding of the claims process. Plan to enhance use of social networking sites and other new media to reach a broader audience. To help these messages resonate more strongly, the I.I.I. focuses on specific life states and segments of the population.
7
8
9
10 Maureen Conboy Version 3.0 just released Handles larger files and images Third-party secure online storage Streamlined set-up process
11
12 Key Issues The I.I.I. identified ten key issues: 1. Attacks on the integrity of the claims process. 2. Challenges to the underwriting criteria and predictive modeling systems 3. Climate change 4. Florida-Related Issues 5. Impact of fraud on the insurance market 6. Natural disasters and the cost and availability of coverage 7. Industry financial performance and market conditions 8. Rapid Response to high profile critics 9. Regulatory modernization 10. Terrorism and insurance
13 Key Issues Three issues that may be of interest to XCHANGE participants: 1. Challenges to the underwriting criteria 2. Insurance fraud 3. Natural disasters and the cost and availability of coverage
14 Key Issues: Challenges to Underwriting Criteria Goals Increase awareness of the benefits consumers receive from the use of predictive modeling and other underwriting tools that enhance the accuracy, efficiency and fairness of pricing and rating systems. Computerization of data has brought more accuracy speed and efficiency to the insurance business. Even though the vast majority of consumers have benefited from the use of mechanized underwriting, they don t like it.
15 Key Issues: Challenges to Underwriting Criteria Messages Actuarial studies show that how a person manages his or her finances is a good predictor of the frequency with which they will file insurance claims. Statistically, people who have a poor insurance score are more likely to file a claim. Insurance scores do not include data on race, ethnicity or income. Consumers need to know how to build and protect their credit history since this information is used in many ways applying for a job, renting an apartment, securing a loan, leasing a cell phone and purchasing home and auto insurance.
16 Key Issues: Fraud Statistics Fraud accounts for 10 percent of the property/casualty insured losses each year or about $30 billion. Forty-eight states have set up insurance fraud bureaus. Catastrophes provide an opportunity for unscrupulous contractors to take advantage of disaster victims. One in four Americans would commit insurance fraud if they could get away with it, according to research by the Insurance Research Council..
17 Key Issues: Fraud Goals Explain the economic consequences of insurance fraud and what the industry is doing to combat it. Show the ways the insurance fraud is not a victim-less crime. In the past, the industry has not wanted to discuss its anti-fraud activities because it was afraid that this would be perceived as anticonsumer. Now, companies and industry groups spend a considerable amount of time promoting anti-fraud activities.
18 Key Issues: Fraud New Technology The consolidation of insurance claims data has put a valuable new tool in the hands of investigators. The National Insurance Crime Bureau, for instance, has developed a program called Predictive Knowledge which collects and analyzes information that can be disseminated to insurers and law enforcement agencies to detect, investigate and prevent insurance fraud. In addition, the NICB, in partnership with IMapData Inc., has a program called CATfraud, which identifies potentially fraudulent catastrophe/weather-related insurance claims.
19 Key Issues: Fraud New Technology (cont.) The latest technology offers valuable tools that can help insurers fight fraud before it occurs. It can verify the accuracy of information provided by prospective policyholders on applications forms. These systems are relatively new but may be able to eliminate potentially fraudulent claims at the point of underwriting instead of after a claim. Once a claim is made, insurers can use a number of different software tools ranging from voice stress analysis and red flag identifiers to data mining and database searching.
20 Key Issues: Natural Disasters and the Cost and Availability of Coverage. Background Meteorologists agree that we are currently living in a time of more severe and frequent hurricane activity. At the same time, the populations (between1980 and 2003) of coastal counties grew by 33 million people or 28 percent. And, we are building bigger and more expensive homes. Between 1980 and 2003, the population of coastal counties grew by 33 million people or 28 percent. Florida grew by 75 percent, Texas 52 percent and Virginia by 48 percent. The growth and concentration of property values in hurricane prone states created issues of cost and availability of coverage. On the west coast, earthquakes and wild fires also pose a significant risk.
21 Inflation-Adjusted U.S. Insured Catastrophe Losses By Cause of Loss, ¹ Earthquakes 4 6.7% Winter Storms 7.8% Wind/Hail/Flood 5 Terrorism 7.7% 2.8% Civil Disorders 0.4% Fire 6 2.3% Water Damage 0.1% Utility Disruption 0.1% Tornadoes % Insured disaster losses totaled $289.1 billion from (in 2005 dollars). Tropical systems accounted for nearly half of all CAT losses from , up from 27.1% from All Tropical Cyclones % 1 Catastrophes are all events causing direct insured losses to property of $25 million or more in 2005 dollars. Catastrophe threshold changed from $5 million to $25 million beginning in Adjusted for inflation by the III. 2 Excludes snow. 3 Includes hurricanes and tropical storms. 4 Includes other geologic events such as volcanic eruptions and other earth movement. 5 Does not include flood damage covered by the federally administered National Flood Insurance Program. 6 Includes wildland fires. Source: Insurance Services Office (ISO)..
22 Insured Losses $45 $40 $35 $30 $25 $20 $15 $10 $5 $0 $3.8 $4.8 $5.0 $6.6 $7.4 $7.7 $10.3 $16.5 $20.7 $21.6 $40.6 Sept. 11 Terror Attack (2001) Hurricane Andrew (1992) Hurricane Katrina (2005) Eight of the 11 most expensive disasters is US history occurred since 2001 $ Billions Hurricane Jeanne (2004) Hurricane Frances (2004) Hurricane Rita (2005) Hurricane Hugo (1989) Hurricane Ivan (2004) Hurricane Charley (2004) Hurricane Wilma (2005) Northridge Earthquake (1994) Note: 9/11 loss figure is for property claims only. Sources: ISO/PCS; Insurance Information Institute.
23 Coastal Exposure Florida New York Texas Massachusetts New Jersey Connecticut Louisiana S. Carolina Virginia Maine North Carolina Alabama Georgia Delaware New Hampshire Mississippi Rhode Island Maryland $740.0 $662.4 $505.8 $404.9 $209.3 $148.8 $129.7 $117.2 $105.3 $75.9 $73.0 $46.4 $45.6 $44.7 $43.8 $12.1 $1,937.3 $1,901.6 Source: AIR Worldwide $0 $500 $1,000 $1,500 $2,000 $2,500
24 Disaster Communications The I.I.I. has a three-point disaster communications plan: 1. Disaster Preparedness 2. Post-Disaster Consumer Communications 3. Litigation Public Relations
25 Disaster Communications: Preparedness Goals Communicate to homeowners and business owners that how well they prepare for a disaster will largely determine how fully and quickly they recover from one. Partner with agents associations and groups such as the, Federal Alliance for Safe Home (FLASH), Institute for Business and Home Safety (IBHS), National Flood Insurance Program, Red Cross and the Small Business Association.
26 Disaster Preparation Five Major Disaster Preparedness Tips for Residents 1. Buy enough insurance 2. Get the right type of policy 3. Create a home inventory 4. Hurricane-Proof your home 5. Have a disaster recovery plan (that includes pets!)
27 Disaster Insurance Information Evacuation video Preparedness information covering hurricanes, tornadoes, earthquakes, floods, wildfires and terrorism
28
29 Disaster Communications: Post Disaster Create public awareness that the industry is responding rapidly, effectively and compassionately to the needs of its policyholders following a catastrophe and that the industry has the financial strength to pay claims. Position the industry as one of the first responders when a disaster strikes. Work closely with I.I.I. member companies to communicate their activities in the disaster zone.
30 Disaster Communications: Litigation Public Relations Provide communications support to the insurance industry and individual insurance companies when legal cases are tried in the media. As part of the process, the I.I.I. will try to target specific external audiences including the court of public opinion. In 2008, the industry is still handling Hurricane Katrina-related cases. A key message is that insurance policies are contracts. And, when policyholders and their attorneys retroactively attempt to change the terms of the contract, they put all contracts at risk.
31 Reputation Management Goal Enhance the reputation of the industry. Special emphasis will be made in 2008 to highlight the social and economic contributions the industry makes to society. Insurers contribute more than $250 billion to the nation s gross domestic product. Contributed $9.78 billion in charitable contributions.
32
33 Reputation Management There are, however, 2.3 million employees in the industry. This accounts for 2.1 percent of U.S. employment. If each of us educated the people we know about the contribution the industry makes to society, we could be extremely effective.
FLORIDA PROPERTY INSURANCE FACTS JANUARY 2008
Dr. Robert P. Hartwig, CPCU President (212) 346-5520 bobh@iii.org FLORIDA PROPERTY INSURANCE FACTS JANUARY 2008 Hurricanes are More Likely to Hit Florida than any Other U.S. State 8 of the 10 most expensive
More informationNational Association of Latino Elected and Appointed Officials
National Association of Latino Elected and Appointed Officials National Policy Institute on Emergency Planning and Preparedness August 19-20, 2016 Sheraton Hotel, Boston, MA Jeanne M. Salvatore, Senior
More informationPRESENTATION TO ULPA & LPI 2009 CONFERENCE: INSURANCE & LIGHTNING
PRESENTATION TO ULPA & LPI 2009 CONFERENCE: INSURANCE & LIGHTNING Feb. 27, 2009 New Orleans, LA. Jeanne Salvatore Senior Vice President - Public Affairs Insurance Information Institute 110 William Street
More informationPresentation to the National Hurricane Conference
Presentation to the National Hurricane Conference Thursday, April 21, 2011 Atlanta, Georgia Dangers of Complacency: Dealing with Insurance Amnesia After Storm-Free Years Strategic Insurance Education Using
More informationSouth Carolina Property Insurance Markets
South Carolina Property Insurance Markets Issues, Concerns, Solutions Insurance Information Institute South Carolina Media & Legislative Briefing April 2, 2007 DOWNLOAD AT http://www.iii.org/media/met/scbriefing/
More informationA Firm Foundation The Insurance Industry & Its Contributions to Society
A Firm Foundation The Insurance Industry & Its Contributions to Society St. John s University School of Risk Management, Insurance & Actuarial Science New York, NY April 10, 2008 Robert P. Hartwig, Ph.D.,
More informationSuperstorm Sandy: Lessons Learned and the Changing Landscape of the Homeowners and Commercial Insurance Markets
Superstorm Sandy: Lessons Learned and the Changing Landscape of the Homeowners and Commercial Insurance Markets The Insurance Council of New Jersey (ICNJ) 36 th Annual Meeting & Conference The Hamilton
More informationThe challeges of catastrophe loss management post-katrina. Climate change and extreme weather. Catastrophe and disaster modeling post-katrina
Concluding remarks Catastrophe Loss Management in an Era of Climate Change An Insurance Industry Perspective Urban Leaders Initiative, Center for Clean Air Policy Dr L James Valverde, Jr Vice President,
More informationPresentation on Public Attitudes and Media Environment Facing Key Issues in the Insurance Industry
Presentation to PAMIC/VAMIC/WVAIC Combined Convention Presentation on Public Attitudes and Media Environment Facing Key Issues in the Insurance Industry Nemacolin Woodlands Resort, Pennsylvania August
More informationFinancial and Market Impacts of Hurricanes on Property/Casualty Insurers
Financial and Market Impacts of Hurricanes on Property/Casualty Insurers Past, Present & Future 2007 National Hurricane Conference New Orleans, LA April 5, 2007 Download at: www.iii.org/media/presentations/nhc2007
More informationClimate Change and The Built Environment
Climate Change and The Built Environment Committee on the Effect of Climate Change on Indoor Air Quality and Public Health June 7, 2010 Frank Nutter, President Reinsurance Association of America Flooding
More informationPresented by: Lynne McChristian, Insurance Information Institute
Presented by: Lynne McChristian, Insurance Information Institute October 15, 2009 AGENDA Pre-event activities Planning, tools and training As the storm approaches An inside look at how insurers prepare
More informationMark Brannon, FCAS, MAAA, CPCU Sue Buehler, FCAS, MAAA
P&C Catastrophe Issues Mark Brannon, FCAS, MAAA, CPCU Sue Buehler, FCAS, MAAA Association of Insurance Compliance Professionals Gulf States Chapter Education Day July 30, 2010 Atlanta, Georgia Agenda What
More informationPerspectives on Property Insurance in Connecticut
Perspectives on Property Insurance in Connecticut Shoreline Preservation Task Force Hartford, CT June 6, 212 Steven N. Weisbart, Ph.D., CLU, Senior Vice President & Chief Economist Insurance Information
More informationAlabama Homeowners Insurance:
Alabama Homeowners Insurance: History and Trends for Catastrophic Loss and Impacts on Profitability Governor s Affordable Homeowners Insurance Commission Montgomery, AL December 12, 2011 Download at www.iii.org/presentations
More informationEverything You Need to Know about the PCS Catastrophe Loss Index
Everything You Need to Know about the Since 1949, the property/casualty insurance industry has relied on catastrophe loss estimates from PCS and its predecessor organizations to set catastrophe reserves
More informationCatastrophes 69 Years and Counting
Catastrophes 69 Years and Counting CIPR Spring Event March 26, 2018 2018 Insurance Services Office, Inc. All rights reserved. 1 In the beginning.. 2018 Insurance Services Office, Inc. All rights reserved.
More informationMike Waters VP Risk Decision Services Bob Shoemaker Sr. Technical Coordinator. Insurance Services Office, Inc
Mike Waters VP Risk Decision Services Bob Shoemaker Sr. Technical Coordinator Insurance Services Office, Inc Disasters Large and Small A Convergence of Interests Public and Private ESRI Homeland Security
More informationA Firm Foundation. How Insurance Supports the Economy
A Firm Foundation How Insurance Supports the Economy Table of Contents The Insurance Information s Institute s A Firm Foundation Web site tracks the myriad ways the insurance industry contributes to the
More information2007 COMMUNICATIONS PLAN
2007 COMMUNICATIONS PLAN January 2007 Jeanne Salvatore Senior Vice President, Public Affairs Tel: (212) 346-5509 jeannes@iii.org www.iii.org Table of Contents I. Executive Summary... 3 II. Consumer Education...
More informationStorm Surge Risk and Sea-Level Rise: What the Future May Hold.
Storm Surge Risk and Sea-Level Rise: What the Future May Hold. Presented by Tom Jeffery Sr. Hazard Scientist, CoreLogic Storm Surge Risk to Residential Properties 4.2 million (Gulf Coast and East Coast)
More informationThe financial implications of climate change: the North East and beyond. Focus on Climate Change, Pace Energy and Climate Center, June 27, 2012
The financial implications of climate change: the North East and beyond Focus on Climate Change, Pace Energy and Climate Center, June 27, 2012 Agenda Introduction Financial impacts of weather extremes
More informationFEPA. Brooke Kelley-Hunt PCI Director, Public Affairs
FEPA Brooke Kelley-Hunt PCI Director, Public Affairs 1 Property Casualty Insurers Association of America (PCI) Represents nearly 1,000 insurance companies across the country Regional offices located across
More informationInsurance & Coastal Risk in Florida
Insurance & Coastal Risk in Florida An Economic Analysis Florida Hurricane Catastrophe Fund 7 th Annual Participating Insurers Workshop Orlando, FL June 7, 2007 Robert P. Hartwig, Ph.D., CPCU, President
More informationCatastrophes and the Advent of the Use of Cat Models in Ratemaking
Catastrophes and the Advent of the Use of Cat Models in Ratemaking Christopher S. Carlson, FCAS, MAAA Pinnacle Actuarial Resources, Inc. Casualty Actuarial Society Catastrophes and the Advent of the Use
More informationDisaster Recovery Planning: Preparation is Key to Survival
Adjusters International Disaster Recovery Consulting EDITOR S NOTE Making sure the right insurance program is in place to protect your organization after a disaster may not be enough to survive in today
More informationPopulation in the U.S. Floodplains
D ATA B R I E F D E C E M B E R 2 0 1 7 Population in the U.S. Floodplains Population in the U.S. Floodplains As sea levels rise due to climate change, planners and policymakers in flood-prone areas must
More informationOffice of Insurance Regulation
House Committee on Insurance September 13, 2005 Presentation by Insurance Commissioner, Kevin McCarty - Talking Points - Update on the 2004-2005 Hurricane Season 1. 2004 Hurricane Season Hurricanes Charley,
More informationINSURANCE & NATURAL DISASTERS. Presented by G. Mark Santa Anna
INSURANCE & NATURAL DISASTERS 1 Basics, essential terms, claims, and settlement of your claim. Presented by G. Mark Santa Anna Disclaimer 2 This presentation is intended as a general overview of insurance
More informationCatastrophic Loss in Mississippi
Catastrophic Loss in Mississippi The Aftermath of Katrina Ole Miss Insurance Symposium University of Mississippi Oxford, MS March 26, 2008 Robert P. Hartwig, Ph.D., CPCU, President Insurance Information
More informationGAO NATIONAL FLOOD INSURANCE PROGRAM. New Processes Aided Hurricane Katrina Claims Handling, but FEMA s Oversight Should Be Improved
GAO United States Government Accountability Office Report to Congressional Committees December 2006 NATIONAL FLOOD INSURANCE PROGRAM New Processes Aided Hurricane Katrina Claims Handling, but FEMA s Oversight
More informationFacing Down Fraud with Words & Deeds
Facing Down Fraud with Words & Deeds Florida Property/Casualty Fraud Task Force July 10, 2014 Download at www.iii.org/presentations Lynne McChristian, Florida Representative Insurance Information Institute
More informationThe Housing Market. Overview and Outlook for the P/C Insurance Industry. The Weak Economy: How Might It Affect the P/C Insurance Industry?
Overview and Outlook for the P/C Insurance Industry State Insurance Trade Associations Annual Conference Palm Coast, FL October 14, 28 The Weak Economy: How Might It Affect the P/C Insurance Industry?
More informationModeling Extreme Event Risk
Modeling Extreme Event Risk Both natural catastrophes earthquakes, hurricanes, tornadoes, and floods and man-made disasters, including terrorism and extreme casualty events, can jeopardize the financial
More informationLessons Learned: What Hurricanes Have Taught the Insurance Industry
PCI THOUGHT LEADERSHIP SERIES Plan. Prepare. Protect. Lessons Learned: What Hurricanes Have Taught the Insurance Industry Follow us on Twitter Like us on Facebook Visit us at pciaa.net Copyright 2018 by
More informationA FIRM FOUNDATION: HOW INSURANCE SUPPORTS THE FLORIDA ECONOMY
A FIRM FOUNDATION: HOW INSURANCE SUPPORTS THE FLORIDA ECONOMY Lynne McChristian Florida Representative Insurance Information Institute 4775 E. Fowler Avenue Tampa, Fl 33617 (813) 675-1054 Prepared by:
More informationEXHIBITION APPLICATION
Applicant s Name Applicant Mailing Address EXHIBITION APPLICATION All questions must be answered in full. If necessary attach a separate sheet of paper with complete details. Application must be signed
More informationEconomics, the P/C Insurance Industry, and Catastrophes
Economics, the P/C Insurance Industry, and Catastrophes PCS Catastrophe Conference Tampa, FL April 28, 2015 Steven N. Weisbart, Ph.D., CLU, Senior Vice President & Chief Economist Insurance Information
More informationBriefing on the Property/Casualty Insurance Industry:
Briefing on the Property/Casualty Insurance Industry: Function and Financial Overview Maryland Economic Matters Committee Maryland House of Delegates Annapolis, MD January 29, 2015 Robert P. Hartwig, Ph.D.,
More informationPricing Climate Risk: An Insurance Perspective
Pricing Climate Risk: An Insurance Perspective Howard Kunreuther kunreuther@wharton.upenn.edu Wharton School University of Pennsylvania Pricing Climate Risk: Refocusing the Climate Policy Debate Tempe,
More informationImpact of the New Standard Reinsurance Agreement (SRA) on Multi-Peril Crop Insurance (MPCI) Gain and Loss Probabilities
Impact of the New Standard Reinsurance Agreement (SRA) on Multi-Peril Crop Insurance (MPCI) Gain and Loss Probabilities Oscar Vergara 1 (overgara@air-worldwide.com) Jack Seaquist (jseaquist@air-worldwide.com)
More informationProduct and Special Pricing Information 05/12
Product and Special Pricing Information 05/12 Package Information Comprehensive pre-employment screening technology meets unequaled customer service in a variety of convenient packages. Our most frequently
More informationHired and Non-Owned Liability Supplemental Application All questions must be answered in full. Application must be signed and dated by the applicant.
Agency Name: Address: Contact Name: Phone: Fax: Email: Applicant s Name Hired and Non-Owned Liability Supplemental Application All questions must be answered in full. Application must be signed and dated
More informationRespondTM. You can t do anything about the weather. Or can you?
RespondTM You can t do anything about the weather. Or can you? You can t do anything about the weather Or can you? How insurance firms are using sophisticated natural hazard tracking, analysis, and prediction
More informationEVENT PARTY OR WEDDING PLANNER SUPPLEMENTAL APPLICATION
EVENT PARTY OR WEDDING PLANNER SUPPLEMENTAL APPLICATION Applicant s Name TO BE USED WITH COMMERCIAL GENERAL LIABILITY APPLICATION (ACORD 125) All questions must be answered in full. Application must be
More informationHurricane Charley - Executive summary. Hurricane Charley. Nature s Force vs. Structural Strength
Hurricane Charley - Executive summary Hurricane Charley Nature s Force vs. Structural Strength Charlotte County, Florida August 13, 2004 Introduction The devastation left behind by Hurricane Andrew when
More informationUnion Members in New York and New Jersey 2018
For Release: Friday, March 29, 2019 19-528-NEW NEW YORK NEW JERSEY INFORMATION OFFICE: New York City, N.Y. Technical information: (646) 264-3600 BLSinfoNY@bls.gov www.bls.gov/regions/new-york-new-jersey
More informationEconomic Perspectives on Coastal Property Insurance: Focus on North Carolina
Economic Perspectives on Coastal Property Insurance: Focus on North Carolina 2015 Coastal Risk Retreat Greenville, NC April 14, 2015 Steven N. Weisbart, Ph.D., CLU, Senior Vice President & Chief Economist
More informationSource: NOAA 2011 NATURAL CATASTROPHE YEAR IN REVIEW
Source: NOAA 2011 NATURAL CATASTROPHE YEAR IN REVIEW January 4, 4 2012 U.S. NATURAL CATASTROPHE UPDATE Carl Hedde, SVP, Head of Risk Accumulation Munich Reinsurance America, Inc. MR NatCatSERVICE One of
More informationSURVIVE. Ready NOW! Business Continuity Planning
PLAN PROTECT SURVIVE Ready NOW! Business Continuity Planning ACTIVITY: Interactive Questions 1. How many of you have experienced a disaster firsthand? 2. What disaster did you experience? 3.What advice
More informationP/C Insurance in the Age of Mega-Catastrophes
P/C Insurance in the Age of Mega-Catastrophes Trends, Challenges & Opportunities 2014 PCS Catastrophe Conference Minneapolis, MN April 28, 2014 Download at www.iii.org/presentations Robert P. Hartwig,
More informationHurricanes and Disaster Risk Financing Through Insurance: Challenges and Policy Options
Order Code RL32825 Hurricanes and Disaster Risk Financing Through Insurance: Challenges and Policy Options Updated January 31, 2008 Rawle O. King Analyst in Financial Economics and Risk Assessment Government
More informationNAIC Group Code 0008 NAIC Company Code Employer s ID Number
NAIC Group Code 0008 NAIC Company Code 00086 Employer s ID Number 36-07196665 Allstate Insurance Group Combined Management Discussion and Analysis For the Year Ended December 31, 2003 Allstate Insurance
More informationHelping Victims of Identity Theft and Consumer Fraud Crimes., 2017 at 3 pm ET Thursday, July 13, 2017 at 3:00pm ET
Helping Victims of Identity Theft and Consumer Fraud Crimes, 2017 at 3 pm ET Thursday, July 13, 2017 at 3:00pm ET What is the need? What FTC resources are available to assist victims of ID Theft and fraud?
More information2009 NATURAL CATASTROPHE YEAR IN REVIEW WEBINAR
2009 NATURAL CATASTROPHE YEAR IN REVIEW WEBINAR JANUARY 21, 2010 Agenda Welcome/Introduction Terese Rosenthal U.S. Natural Catastrophe Update Carl Hedde Global Catastrophe Update Ernst Rauch Financing
More informationSOUTH CENTRAL REGION MULTI-JURISDICTION HAZARD MITIGATION PLAN. Advisory Committee Meeting September 12, 2012
SOUTH CENTRAL REGION MULTI-JURISDICTION HAZARD MITIGATION PLAN Advisory Committee Meeting September 12, 2012 AGENDA FOR TODAY Purpose of Meeting Engage All Advisory Committee Members Distribute Project
More informationCatastrophic Losses and Other Mega-Trends Impacting the P/C Insurance Industry Today
Catastrophic Losses and Other Mega-Trends Impacting the P/C Insurance Industry Today Ohio Insurance Education Day Columbus, OH April 9, 2014 Download at www.iii.org/presentations Robert P. Hartwig, Ph.D.,
More informationPrivate property insurance data on losses
38 Universities Council on Water Resources Issue 138, Pages 38-44, April 2008 Assessment of Flood Losses in the United States Stanley A. Changnon University of Illinois: Chief Emeritus, Illinois State
More informationThe Challenge of Communicating Flood Risk
The Challenge of Communicating Flood Risk 2006 National Flood Conference National Flood Insurance Program May 9, 2006 Robert P. Hartwig, Ph.D., CPCU, Senior Vice President & Chief Economist Insurance Information
More informationFirst-half 2008 Natural Catastrophe Update
First-half 2008 Natural Catastrophe Update Tuesday, July 8, 2008 Munich Re Insurance Information Institute Agenda 12:00 Introduction Steve Morello, Head of Underwriting Services, Munich Re America 12:05
More informationAn Industry and Economy
An Industry and Economy in Transition: Overview and Outlook for P/C Insurance Markets for 2012 & Beyond Independent Insurance Agents of West Virginia Insurance Day Conference Charleston, WV February 27,
More informationRecourse for Employees Misclassified as Independent Contractors Department for Professional Employees, AFL-CIO
Recourse for Employees Misclassified as Independent Contractors Department for Professional Employees, AFL-CIO State Relevant Agency Contact Information Online Resources Online Filing Alabama Department
More informationJanuary 2010 Report No
January 2010 Report No. 10-06 Public Adjuster Representation in Citizens Property Insurance Corporation Claims Extends the Time to Reach a Settlement and Also Increases Payments to Citizens Policyholders
More informationRisk and Regulation for Extreme Events
Risk and Regulation for Extreme Events Howard Kunreuther kunreuther@wharton.upenn.edu Wharton School University of Pennsylvania Workshop on Verification, Validation, and Uncertainty Quantification in Regulation
More informationReactions to Catastrophic Events: A Look at Insurers, Consumers, and Regulators. Patricia Born, PhD
Reactions to Catastrophic Events: A Look at Insurers, Consumers, and Regulators Patricia Born, PhD Agenda Introduction Insurer Responses over 30 Years Consumer Responses Regulatory Considerations Introduction
More informationPCS Canada Severe Weather Summaries Product Overview
PCS Canada Severe Weather Summaries Product Overview PCS-Canada Severe Weather Summaries provide a recap of severe weather events (strong thunderstorms, tornadoes and strong gusting wind, rain/snow/sleet/hail,
More informationCatastrophe Reinsurance Program Effective June 1, 2018 to May 31, 2019
Catastrophe Reinsurance Program Effective June 1, 2018 to May 31, 2019 Northbrook, IL, May 2, 2018 In the first quarter of 2018, we substantially completed the placement of our 2018 catastrophe reinsurance
More informationEmployee Leasing/Temporary Employment Agency Application
Employee Leasing/Temporary Employment Agency Application All questions must be answered in full. Application must be signed and dated by the applicant. Applicant s Name Agent Applicant Mailing Address
More informationWhat can the Farm Service Agency offer your oyster operation? Ocean City Maryland January 14, 2017
What can the Farm Service Agency offer your oyster operation? Ocean City Maryland January 14, 2017 Two Programs to Discuss Today Farm Storage Facility Loans (FSFL s) Noninsured Assistance Program (NAP)
More informationPay Frequency and Final Pay Provisions
Pay Frequency and Final Pay Provisions State Pay Frequency Minimum Final Pay Resign Final Pay Terminated Alabama Bi-weekly or semi-monthly No Provision No Provision Alaska Semi-monthly or monthly Next
More information2012 NATURAL CATASTROPHE YEAR IN REVIEW
2012 NATURAL CATASTROPHE YEAR IN REVIEW January 3, 2013 Agenda Welcome/Introduction Terese Rosenthal US Natural Catastrophe Update Carl Hedde Global Natural Catastrophe Update Ernst Rauch Economic Implications
More informationMEMORANDOM THE PEW CHARITABLE TRUSTS FLOOD-PREPARED COMMUNITIES INITIATIVE BILL MCINTURFF & LORI WEIGEL / PUBLIC OPINION STRATEGIES
MEMORANDOM TO: FROM: THE PEW CHARITABLE TRUSTS FLOOD-PREPARED COMMUNITIES INITIATIVE BILL MCINTURFF & LORI WEIGEL / DATE: FEBRUARY 1, 2018 RE: SURVEY FINDINGS ON FLOODING AND RELATED POLICIES Public Opinion
More informationRESIDUAL MARKET PROPERTY PLANS: FROM MARKETS OF LAST RESORT TO MARKETS OF FIRST CHOICE
RESIDUAL MARKET PROPERTY PLANS: FROM MARKETS OF LAST RESORT TO MARKETS OF FIRST CHOICE AUGUST 2013 Robert P. Hartwig, Ph.D., CPCU President & Economist (212) 346-5520 bobh@iii.org Claire Wilkinson (917)
More information2011 HALF-YEAR NATURAL CATASTROPHE REVIEW
2011 HALF-YEAR NATURAL CATASTROPHE REVIEW July 12, 2011 Agenda Welcome/Introduction Terese Rosenthal U.S. Natural Catastrophe Update Carl Hedde Global Natural Catastrophe Update Peter Höppe Economic Implications
More informationState Corporate Income Tax Collections Decline Sharply
Corporate Income Tax Collections Decline Sharply Nicholas W. Jenny and Donald J. Boyd The Rockefeller Institute Fiscal News: Vol. 1, No. 3 July 26, 2001 According to a report from the Congressional Budget
More informationCatastrophe Reinsurance Program Effective June 1, 2017 to May 31, 2018
Catastrophe Reinsurance Program Effective June 1, 2017 to May 31, 2018 Northbrook, Ill., August 1, 2017 In the second quarter of 2017, we completed the placement of our 2017 personal lines catastrophe
More informationI HAD SEVERE DAMAGE FROM A HURRICANE. WHAT DOES MY FLOOD INSURANCE POLICY COVER AS FAR AS LOSS & DAMAGES?
I HAD SEVERE DAMAGE FROM A HURRICANE. WHAT DOES MY FLOOD INSURANCE POLICY COVER AS FAR AS LOSS & DAMAGES? You have questions about your insurance coverage in Texas. We can help. In this guide you will
More informationHurricane Michael Claims Update. Jay Adams Chief Claims Officer
Hurricane Michael Claims Update Jay Adams Chief Claims Officer 1 Hurricane Michael Landfall 2 Hurricane Michael Landfall Statistics First CAT 4 landfall in the Panhandle since 1851 when record keeping
More informationMortgage Impairment Application Mortgage Protection Insurance
MI-030917-AW Summary of Available Coverages Any combination of sections outlined below may be purchased, provided Sections A and/or C are included. Section A (1): Physical loss or damage from Required
More informationQ Homeowner Confidence Survey Results. May 20, 2010
Q1 2010 Homeowner Confidence Survey Results May 20, 2010 The Zillow Homeowner Confidence Survey is fielded quarterly to determine the confidence level of American homeowners when it comes to the value
More informationPresentation to the LRC Study Committee on Property Insurance Rate Making. By the. North Carolina Rate Bureau. December 1, 2011
Presentation to the LRC Study Committee on Property Insurance Rate Making By the North Carolina Rate Bureau December 1, 2011 1 Purpose The purpose of this presentation is to inform, educate, provide facts
More informationSecurity Guard / Patrol Application
Applicant s Name Security Guard / Patrol Application All questions must be answered in full. Application must be signed and dated by the applicant. Agent Applicant Mailing Address Applicant s Phone Number
More informationThe Risk of Wildfires Is Growing
PCI THOUGHT LEADERSHIP SERIES Plan. Prepare. Protect. The Risk of Wildfires Is Growing Follow us on Twitter Like us on Facebook Visit us at pciaa.net Copyright 2018 by the Property Casualty Insurers Association
More informationThe Year of the CATs
PCI THOUGHT LEADERSHIP SERIES Plan. Prepare. Protect. The Year of the CATs #HaveAPlan Follow us on Twitter Like us on Facebook Visit us at pciaa.net Copyright 2018 by the Property Casualty Insurers Association
More informationMonroe County Reasonable Degree of Competition Pilot Project Report to the Florida Legislature. Florida Office of Insurance Regulation
Florida Office of Insurance Regulation Monroe County Reasonable Degree of Competition Pilot Project Report to the Florida Legislature March 1, 2006 Business Development & Market Research Unit Index Executive
More informationWORKING TOGETHER. An update from Quebec s home, car and business insurers
WORKING TOGETHER An update from Quebec s home, car and business insurers Canada s property and casualty (P&C) insurance industry helps people manage the everyday risks that come with owning a home, business
More informationHAC USDA RURAL DEVELOPMENT HOUSING ACTIVITY. Rural Research Report. Housing Assistance Council FISCAL YEAR 2017 YEAR-END REPORT
USDA RURAL DEVELOPMENT HOUSING ACTIVITY FISCAL YEAR 217 YEAR-END REPORT HAC Rural Research Report Since the 195s. the United States Department of Agriculture has financed the construction, repair, and
More informationConvenience Store Application
Convenience Store Application All questions must be answered in full. Application must be signed and dated by the applicant. Applicant s Name Agent Applicant Mailing Address Applicant s Phone Number Web
More informationPROPERTY & CASUALTY MARKET OUTLOOK
PROPERTY & CASUALTY MARKET OUTLOOK 2018-2019 TABLE OF CONTENTS 3 - MARKET FORCES 7 - GENERAL LIABILITY 4 - PROPERTY 7 - EXCESS / UMBRELLA 5 - WORKERS COMPENSATION 8 - DIRECTORS & OFFICERS 6 - AUTO 8 -
More information)TADA. 4 Texas Automobile Dealers Association. TADA Members. To: From: Date: Karen Phillips May Re: MEMORANDUM
Attached is a copy of the Assurance of Voluntary Compliance with Appendices A, B, C and D. third-party vendor has access to personal information, verify the vendor is securing the data. telephone, take
More informationPedicab Companies. Commercial General Liability Application
Pedicab Companies Commercial General Liability Application All questions must be answered in full. Application must be signed and dated by the applicant. Applicant s Name Agent Applicant Mailing Address
More informationToward Viable Insurance Markets in the Post-Katrina & Rita Era
Louisiana Insurance Market Overview: Toward Viable Insurance Markets in the Post-Katrina & Rita Era Louisiana REALTORS Spring Conference Baton Rouge, LA May 2, 2007 Robert P. Hartwig, Ph.D., CPCU, President
More informationHurricane Season of 2005:
Hurricane Season of 2005: Impacts on US P/C Insurance Markets in 2006 & Beyond Insurance Information Institute March 2006 Download at: http://www.disasterinformation.org/disaster2/facts/presentation/ Robert
More informationShelter from the Storm. Anna Hargis Director of Advertising Shelter Insurance Companies, Missouri (U.S.A.)
Shelter from the Storm Anna Hargis Director of Advertising Shelter Insurance Companies, Missouri (U.S.A.) 14 / 53 / 2010 Employees and agents at Shelter Insurance understand storms. Dealing with claims
More informationMISCELLANEOUS PROFESSIONAL LIABILITY APPLICATION
MISCELLANEOUS PROFESSIONAL LIABILITY APPLICATION CLAIMS MADE AND REPORTED FORM ALL QUESTIONS MUST BE ANSWERED IN FULL. APPLICATION MUST BE SIGNED AND DATED BY THE PRINCIPAL, OFFICER OR PARTNER Applicant
More informationNote: Form 4506-T begins on the next page. Kansas City and Austin Fax Numbers for Filing Form 4506-T Have Changed The fax numbers for filing Form 4506-T with the IRS center in Kansas City and Austin have
More informationCommunity Disaster Preparedness Index
CENTER FR URBAN RURAL INTERFACE STUDIES Community Disaster Preparedness Index A Tool Designed to Measure Your Community s Disaster Preparedness Developed by: Center for Urban Rural Interface Studies Mississippi
More informationNatural and Man-made Catastrophes in Calm Before the Storm?
Natural and Man-made Catastrophes in 2015 Calm Before the Storm? Natural and Man-made Catastrophes in 2015 Calm Before the Storm? Visit www.advisenltd.com at the end of this webinar to download: Copy of
More informationFlorida Department of Community Affairs & Regional Planning Councils of Florida STATEWIDE EVACUATION STUDY: East Central Report
2008 Florida Department of Community Affairs & Regional Planning Councils of Florida STATEWIDE EVACUATION STUDY: Report Authors: Phillip E. Downs, Ph.D., Principal Investigator Sonia Prusaitis, Senior
More informationOFF PREMISES LIQUOR LIABILITY APPLICATION
Applicant's Name: Applicant Mailing Address: Proposed Policy Period: OFF PREMISES LIQUOR LIABILITY APPLICATION TO BE COMPLETED IN ADDITION TO ACORD APPLICATION OR ITS EQUIVALENT All questions must be answered
More information