PCI Plans High Profile Presence at Republican National Convention

August 26, 2004

The Property Casualty Insurers Association of America (PCI) and representatives of its member companies will be involved in an extensive list of activities during next week’s Republican National Convention in New York City. PCI staff and members will host a variety of events for GOP leaders and participate in an array of other activities during the four-day meeting.

“Maintaining a high profile at the Republican convention will help us build on our already solid reputation as the nation’s leading advocate for property casualty insurers,” said Carl Parks, senior vice president of federal government affairs for PCI. “This meeting gives us the opportunity to express our appreciation to legislators who support our public policy agenda and to promote our pro-growth, pro-business agenda for the remainder of this session of Congress and into 2005.”

PCI will host a series of dinner meetings exclusively for the association’s member companies throughout the week. In addition, the association is co-sponsoring a Salute to the House Financial Services Committee with special guest Rep. Michael Oxley (R-Ohio) and an insurance industry luncheon with special guest Richard Baker (R-Louisiana), chairman of the House Financial Services Subcommittee on Capital Markets, Insurance, and Government Sponsored Enterprise.

“We want to reinforce our message to the GOP that the number one issue for property/casualty insurers – indeed for the U.S. economy – in the remaining days of the 2004 session is the need to extend the Terrorism Risk Insurance Act,” said Parks. “Other key issues we plan to discuss with legislators are the discussion draft on insurance regulatory modernization, the need for civil justice reform in the areas of class action and medical liability, and the urgent need for asbestos litigation reform. These are not just insurance issue, they are fundamental economic issues that affect our nation’s ability to create jobs and sustain economic growth.”

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