Property Casualty Insurers Association of America News

Missouri Governor Signs Tort Reform Legislation

Missouri Gov. Eric Greitens has signed legislation that the Property Casualty Insurers Association of America says will help improve the legal climate in that state. According to PCI, SS/SCS/HCS/HB339 and 714 is comprehensive insurance tort reform legislation that will help …

States Getting More Active on Autonomous Vehicle Rules, Says PCI Director

Thinking about the rules of the road for a time when autonomous vehicles dominate the landscape is probably like envisioning a horseless carriage on the plains of the Old West. But that won’t stop Bob Passmore, senior director of personal …

CoverHound Launches Online Rideshare Insurance Offering

CoverHound is getting into the rideshare insurance business. The online insurance comparison shopping platform has partnered with several large carriers to offer auto insurance quotes in 24 states for people who drive for rideshare services like Uber and Lyft. The …

PCI Throws Support Behind Montana Bill Aimed at Storm-damage Contractors

The Property Casualty Insurers Association of America is throwing its support behind a bill in Montana that would toughen rules on storm-damage contractors. House Bill 222, authored by Dennis Lenz, R-Billings, would create the Montana Exterior Residential Storm Damage Repair …

China’s Cyber Security Law Could Hamper Foreign Business: P/C Industry Reps

China’s new wide-ranging cyber security law is drawing some serious apprehension from the U.S. property/casualty insurance industry. Trade associations and experts alike caution that it will create business obstacles in the world’s second-largest economy. “Most insurers already find China a …

Delaware Passes Ridesharing Regulations

Delaware Governor Jack Markell has signed legislation that establishes insurance requirements for transportation network companies and their drivers, according to the Property Casualty Insurers Association of America (PCI). Senate Bill 262 aims to protect the public by establishing a solid …

California Insurers Group Hopes Governor Signs Airbnb Bill

Another bill dealing with the sharing economy is headed to the California governor’s desk. A bill to ensure homeowners and renters offering rooms for rent on hosting platforms like Airbnb and Home Away understand what insurance coverage they have recently …

Hawaii Governor Signs Smartphone Proof of Insurance Bill

Hawaii Gov. David Ige approved a bill allowing Hawaii drivers to show proof of insurance with their cellphone in a traffic stop. The decision to sign the bill met with the approval of the Property Casualty Insurers Association of America. …

California Bill Would Require Hosting Platforms to Tell Clients about Coverage

A bill to require hosting platforms to disclose to the homeowner or renter host what insurance coverage they are providing to protect the host’s property is making its way through California Legislature. Senate Bill1092, authored by state Sen. Bill Monningm …

PCI Supports Hawaii Legislation to Use Smartphones as Proof of Insurance

The Hawaii Legislature has approved a bill that will enable Hawaii drivers to show proof of insurance with their cellphone in a traffic stop. House Bill 1705 will give consumers the choice to use a paper insurance card or use …