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  • PCI Says Illinois Workers Compensation Legislation could have Negative Consequences for the State May 26, 2017
    PCI issued a statement expressing opposition to HB 2525, which addresses rate regulation and HB 2622, which would create the Illinois Employers Mutual Insurance Company (State Fund) as a nonprofit, quasi-independent public corporation.
  • Insurers Respond to Mississippi Auto Body Repair Consumer Guide May 25, 2017
    Joe Woods, vice president, state government relations for the Property Casualty Insurers Association of America (PCI), issues statement following Attorney General Hood’s release of the Auto Body Repair Consumer Guide.
  • Avoid Distraction: Keep Your Eyes on the Road May 24, 2017
    Memorial Day is quickly approaching and that means it’s time to talk about summertime auto safety. Vacations, graduation parties and other celebrations ultimately bring out more drivers—and the potential for more auto accidents, according to the Property Casualty Insurers Association of America (PCI).
  • Consumer Federation of America’s Latest Study is Further Proof that Auto Insurance Is Competitive May 22, 2017
    The latest CFA study demonstrates that there is a lot of competition in the auto insurance market and companies don’t do everything in the same way, which gives consumers a large variety of choices and products. Insurance companies follow state law by charging prices solely based on risk and do not engage in socio-economic pricing.
  • Texting While Driving Ban Zooms Out of the Texas Senate May 19, 2017
    Joe Woods, vice president, state government relations for the Property Casualty Insurers Association of America (PCI), today issues following statement commending the Senate for final passage of House Bill 62, which would prohibit the use of hand-held electronic communication devices for texting while driving.
  • Insurers Support Ban on Texting While Driving in Texas May 16, 2017
    Joe Woods, vice president, state government relations for the Property Casualty Insurers Association of America (PCI), today issued the following statement commending the Senate State Affairs Committee for passing House Bill 62, which would prohibit the use of hand-held electronic communication devices for texting, or any other interactive internet use while driving.
  • Senate Tentatively Passes Texas Hail Bill May 16, 2017
    Joe Woods, vice president, state government relations for the Property Casualty Insurers Association of America (PCI), today issued the following statement commending the Texas Senate for tentatively passing HB 1774, which would help curtail hail lawsuit abuse and protect consumers.
  • South Carolina Consumers One Step Closer to Going Paperless for Insurance Documents May 11, 2017
    The Property Casualty Insurers Association of America (PCI) commends the South Carolina House and Senate for the support and passage of HB 3488, which will allow consumers to have the option of conducting their insurance transactions over the Internet.
  • PCI Applauds Governor Scott Signing Rideshare Bill into Florida Law May 10, 2017
    The Property Casualty Insurers Association of America (PCI) issues statement in response to Governor Rick Scott signing House Bill 221, the rideshare bill, into Florida law.
  • Insurers Weigh in on 2017 Legislative Session May 9, 2017
    The Property Casualty Insurers Association of America (PCI) today released the following statement attributed to its state government relations regional manager Logan McFaddin in regard to how the Florida insurance marketplace fared during the 2017 Legislative Session.
  • Insurers Issue Statement on Florida Workers Compensation Rate Ruling May 9, 2017
    The National Council on Compensation Insurance (NCCI) today prevailed in its appeal in Florida. The Florida First District Court of Appeals has ordered a full reversal of the lower court decision, upholding the 14.5 percent rate increase approved by the Florida Office of Insurance Regulation. The following statement can be attributed to Logan McFaddin, regional […]
  • Property/Casualty Insurers Report $4.7 Billion Net Underwriting Loss in 2016 May 8, 2017
    May 8, 2017 — Private U.S. property/casualty insurers suffered a $4.7 billion net underwriting loss in 2016—following an $8.9 billion net underwriting gain in 2015—and experienced a 25 percent drop in net income after taxes to $42.6 billion from $56.8 billion a year earlier, according to ISO, a Verisk Analytics (Nasdaq:VRSK) business, and the Property […]
  • Texas Hail Bill Tentatively Passes House May 5, 2017
    Joe Woods, vice president, state government relations for the Property Casualty Insurers Association of America (PCI) issued statement commending the Texas House of Representatives for tentatively passing HB 1774, which would help curtail hail lawsuit abuse and protect consumers.
  • Insurers Offer Tornado Recovery Tips May 1, 2017
    It was a rough weekend for many as violent storms ripped through northeast Texas. As residents begin the recovery process, the Property Casualty Insurers Association of America (PCI) says the first step is to contact your insurer and start the claims process.
  • HB 1774 Protects Texans From Lawsuit Abuse April 27, 2017
    Joe Woods, vice president, state government relations for the Property Casualty Insurers Association of America (PCI), today issued the following statement commending the House Calendars Committee for passing HB 1774, which would help curtail hail lawsuit abuse and protect consumers.
  • PCI Commends House Financial Services Hearing to Benefit Consumers and Defend State-Based Insurance Regulation April 26, 2017
    Nat Wienecke, senior vice president, federal government relations at the Property Casualty Insurers Association of America (PCI) issues statement applauding the House Financial Services Committee for holding a hearing entitled “A Legislative Proposal to Create Hope and Opportunity for Investors, Consumers, and Entrepreneurs.”
  • Autonomous Vehicle Regulations Should Clarify Insurance Requirements and Make Accident Data Available April 25, 2017
    Insurance is a key component of repairing cars and protecting drivers and passengers so it must be factored into the world of autonomous vehicles
  • Rising Storm Damage Totals Highlight the Need for Financial Literacy Regarding Insurance April 25, 2017
    The nation has experienced one of the most dramatic first quarters for severe weather events in 37 years. There were more severe weather events that exceeded $1 billion in damages from January to March of 2017 than any year since the National Oceanic and Atmospheric Administration (NOAA) started collecting this data in 1980. These events […]
  • Florida Insurers Commend House Government Accountability Committee for Addressing Distracted Driving April 24, 2017
    Property Casualty Insurers Association of America (PCI) regional manager of state government relations Logan McFaddin today issued the following statement regarding the House Government Accountability Committee workshop on distracted driving.
  • Spring is Here and Severe Storms are Brewing April 24, 2017
    This year is well ahead of pace for severe weather with 40 percent more tornado reports being filed by the National Weather Service than the three-year average and we are just entering the peak month for tornado season. While it is impossible to predict how severe the weather will be during the next few months, […]