News & Press
Lightning Claim Costs Continue to Increase, Causing Nearly $1 billion in Insured Losses, I.I.I. Study Finds
June 23, 2008
…INSURANCE INFORMATION INSTITUTE
Contact: Press Offices
New York: 212-346-5500; email@example.com Washington, D.C.: 202-833-1580
NEW YORK, June 23, 2008 — They say that lightning never strikes in the same place twice, but for insurers, it strikes hundreds of thousands of times annually, causing millions of dollars in damages. In fact, the cost of homeowners claims for damage due to lightning strikes has increased dramatically—up 28 percent over the last four years, according to the Insurance Information Institute (I.I.I.).
June 4, 2007
…HARTFORD, Conn., June 4 PRNewswire-USNewswire — A Class Action Lawsuit against four manufacturers of a relatively new type of fuel gas tubing has identified the installation of a lightning protection system as a remedy for the fire risk associated with CSST (corrugated stainless steel tubing) gas piping systems. CSST is a type of flexible piping that has been widely used in homes and commercial applications in recent years.
June 6, 2006
…MARYVILLE, Mo., June 16 /PRNewswire/ — According to the National
Weather Service, lightning strikes the United States an estimated 25
million times each year. While lightning is fascinating to watch, it can be
extremely dangerous. On average, lightning kills more people each year than
tornadoes or hurricanes. In conjunction with the its sixth annual National
Lightning Safety Awareness Week, the National Oceanic and Atmospheric
Administration (NOAA) is reminding Americans about the dangers of
June 1, 2006
…Maryville, MO – June 1, 2006 – the Lightning Protection Institute (LPI), the
Lightning Safety Alliance (LSA) and the National Oceanic and Atmospheric Administration (NOAA) have joined forces to promote public awareness about lightning safety. In 2000, NOAA launched an annual Lightning Safety Awareness campaign to increase awareness of the dangers of lightning and provide the public with safety and prevention information to help protect families and their property.