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  • As Thieves Target Cars and Packages; Insurers Offer Tips on Protecting Valuables this Holiday Season December 6, 2018
    With “package pirate” thefts and “smash and grab” car break ins on the rise during the holiday season, the Property Casualty Insurers Association of America (PCI) is urging shoppers to take a few extra precautions to safeguard their property. But if you do fall victim to theft, your loss may be covered by insurance.
  • What will a Winter Storm Reality Check Reveal about Your Preparedness? PCI Says Be Ready December 5, 2018
    With winter storms causing more than $1 billion in insured losses each year, the Property Casualty Insurers Association of America (PCI) urges property owners to take a winter storm preparedness reality check to ensure they are ready.
  • 7.0 Anchorage Earthquake: Insurers Ready to Help Policyholders November 30, 2018
    Insured homeowners, renters, business owners, and motorists should contact their insurance company or agent immediately if damage is sustained.
  • PCI Comments on Congressional Action to Avoid a Lapse in NFIP November 30, 2018
    Nat Wienecke, senior vice president of federal government relations at the Property Casualty Insurers Association of America (PCI) issued the following statement on congressional action to avoid a lapse in the National Flood Insurance Program.
  • PCI Urges Automobile Drivers to think Truck Safety this Winter November 28, 2018
    The convergence of holiday shopping, the resulting surge in truck traffic delivering those goods, and the potential for wintery road conditions means that all motorists should take extra care while behind the wheel this time of year, according to the Property Casualty Insurers Association of America (PCI).
  • Protect Your Personal Data While Shopping Online November 20, 2018
    Cyber Monday will kick off the online holiday shopping season in just a few days, but consumers should keep cyber security in mind, and businesses should take extra precautions to protect their customers’ personal information, according to the Property Casualty Insurers Association of America (PCI).
  • Ohio State Researchers Find Road Design Changes Can Reduce Distracted Driving Crashes November 19, 2018
    While efforts to combat distracted driving have primarily focused on passing new laws and changing driver behaviors, a new study from The Ohio State University’s Risk Institute reveals the important impact that modifying road design can have on reducing the frequency and severity of distracted driving crashes.
  • PCI Highlights Impact of Tariffs on Insurance Costs and Consumers at NAIC Meeting November 17, 2018
    The Property Casualty Insurers Association of America (PCI) made a presentation Saturday to the National Association of Insurance Commissioners’ (NAIC) Property and Casualty Insurance (C) Committee on the potential effect of tariffs on auto insurance costs and consumers.
  • Electric Scooters Create Insurance Implications for Consumers November 16, 2018
    Electric scooters are becoming increasingly popular as an alternative mode of transportation. However, before renting a scooter, consumers should understand the insurance implications and know whether you are covered. Bob Passmore, assistant vice president of personal lines policy at the Property Casualty Insurers Association of America (PCI) offers the following guidance.
  • Staying Focused is Key to Road Safety During Thanksgiving Travel November 13, 2018
    If you’re joining the millions of Americans traveling by car this Thanksgiving, it’s important to think about more than turkey and stuffing as you hit the road. AAA estimates more than 48 million will be packing up the car for a Thanksgiving road trip, making for very congested roads and long travel times. Keeping auto […]
  • Insurers Are Ready to Help Camp Fire Homeowners and Renters November 9, 2018
    With major fires burning in Butte, Ventura and Los Angeles counties causing major evacuations and reports of structure losses, the Property Casualty Insurers Association of America (PCI) today urges homeowners and renters to evacuate if instructed to do so and then contact their insurance company immediately.
  • PCI Expresses Significant Concerns About Proposed International Capital and Supervision Standards for Insurance Groups November 5, 2018
    The Property Casualty Insurers Association of America (PCI) submitted comments on two International Association of Insurance Supervisors (IAIS) proposals: the draft Common Framework for the Supervision of Internationally Active Insurance Groups (ComFrame) and Version 2.0 of its Insurance Capital Standard (ICS). These proposals are scheduled for adoption by the IAIS in late 2019; although the […]
  • Daylight Saving Time Ends: Good Time to Check your Insurance Coverage November 1, 2018
    When daylight saving time ends this Sunday, not only is it a good time to change batteries in smoke alarms and carbon monoxide detectors, but homeowners, renters, and business owners should also do a quick financial check-up.
  • PCI Elects New Officers to the Board of Governors October 29, 2018
    The Property Casualty Insurers Association of America (PCI) elected new officers to its Board of Governors today during the association’s annual meeting. Pete McPartland, chairman of the board, president, and CEO of Sentry Insurance Group was elected as PCI’s chair; Jim Brannen, CEO of FBL Financial Group was elected first vice chair, and Greg Crabb, […]
  • Nominees Announced for the Inaugural 2019 Emerging Leaders Conference in Miami October 25, 2018
    The Emerging Leaders Conference, powered by the Property Casualty Insurers Association of America (PCI), the Insurance Careers Movement (ICM), and A.M. Best, today announced its inaugural class of 83 of the best and brightest rising talents in insurance who have been invited to an exclusive executive development and networking event in February 2019.
  • 5 Quick Halloween Safety Tips October 23, 2018
    The risk of pedestrian fatalities, particularly from drunk or distracted drivers increases significantly, as does the potential for candles and decorations to cause home fires
  • PCI Hosts Forum on Urgent Need to Bridge the Flood Insurance Gap October 19, 2018
    The Property Casualty Insurers Association of America (PCI) yesterday hosted a policy briefing on Capitol Hill to discuss solutions and opportunities to address the millions of families and businesses that are uninsured or underinsured for natural catastrophes.
  • The Great Shakeout 2018: Are You Ready to Duck, Cover & Hold On? October 17, 2018
    Given that all 50 states and the District of Columbia face some earthquake risk, the Great Shakeout Earthquake Drill on October 18, 2018 at 10:18 a.m. is the perfect time to make sure you, your family, or your business is prepared, says the Property Casualty Insurers Association of America (PCI).
  • Property/Casualty Insurance Industry’s Net Income More Than Doubles to $34 Billion in First-Half 2018 October 15, 2018
    Private U.S. property/casualty insurers saw their net income after taxes more than double to $34 billion in first-half 2018 from $15.5 billion in first-half 2017, with the help of lower catastrophe losses, growing premiums, and an increase in investment income, according to ISO, a Verisk (Nasdaq:VRSK) business, and the Property Casualty Insurers Association of America […]
  • Competitive Insurance Markets Give Consumers More Choices October 15, 2018
    Territorial rating is a well-established rating factor used across the country and comprehensively regulated by each state.