Property Casualty Insurance Association of America News

Wyoming to Protect Homeowners from Storm-Chasing Contractors

Wyoming Gov. Matt Mead made his the 28th state to enact legislation designed to protect homeowners who have suffered damage as a result of a hailstorm from being victimized a second time by storm-chasing contractors. The move was applauded by …

Insurers Back Arizona Bill Cutting Required Auto Glass Coverage

Rock-shattered windshields are such a common occurrence on Arizona roads that insurance companies have long been required to replace broken glass for free to drivers with full coverage policies. It ends up being a big expense to insurance companies that …

Oklahoma Commissioner: 4 Insurers Have 55% of Earthquake Market

Data released at a May 24 hearing to determine the competitiveness of earthquake insurance coverage in Oklahoma shows that four insurance companies have 55 percent of the market in the state. That’s a concern for Insurance Commissioner John D. Doak, …

Proposal for Higher Texas Windstorm Policy Liability Limits Denied

Texas Insurance Commissioner David Mattax has denied a request by the Texas Windstorm Insurance Association (TWIA) to increase limits of liability for residential and commercial properties it insures along the Texas coast. TWIA is the insurer of last resort for …