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 […]
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.
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 […]
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.
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, […]
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.
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.
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).
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 […]
Insurers are prepared to surge catastrophe teams into the affected communities that have been impacted by Hurricane Michael as soon as emergency officials give access, according to the Property Casualty Insurers Association of America (PCI).
The Property Casualty Insurers Association of America (PCI) points to a new report from the Insurance Research Council (IRC) to highlight how much more policyholders are paying for insurance due to unnecessary bad faith litigation.
As the Carolinas take the first steps toward recovery from Hurricane Florence, the insurance industry is hard at work helping residents, businesses, and affected communities jump-start the rebuilding process. The Property Casualty Insurers Association of America (PCI) is providing home and business owners important information regarding insurance deductibles as recovery begins.