American Property Casualty Insurance Association News

California Wildfire Bills Expire as Legislature Recesses, But One Bill Expected to Return

Several big wildfire bills were left on the table when the California Legislature ended its session earlier this week, but you can expect at least one bill to make a comeback in some form. Assembly Bill 2167, authored by Assemblyman …

Insurer Group Warns About California Bill Mandating Business Interruption Coverage

The American Property Casualty Insurance Association is opposing legislation that would create a rebuttable presumption that the COVID-19 virus caused property damage triggering business interruption coverage in commercial liability policies. The just amended Assembly Bill 1552 would retroactively rewrite business …

Cellphone While Driving Ban Goes into Effect in Idaho

Effective July 1 using a handheld phone while operating a moving motor vehicle in Idaho is prohibited. Idaho drivers will receive warnings until Jan. 1, 2021. The American Property Casualty Insurance Association is applauding the change. “Distracted driving and the …

Insurer Group Has Issue with Colorado Insurance Department’s COVID-19 Memo

The American Property Casualty Insurance Association is taking issue with tentative plans by the Colorado Department of Insurance to halt the use of credit information in Colorado during the pandemic. A recent draft bulletin from the department directs property/casualty insurers …

Insurers Say Proposed California Regs Could Axe Discounts for Millions

The American Property Casualty Insurance Association testified today in opposition to draft regulations they say could eliminate many affinity group insurance discount programs during a pre-notice workshop held by the California Department of Insurance in Los Angeles. The workshop was …

Milliman: Hurricane Katrina Litigation Could Hike Mississippi Homeowners Rates

Mississippi homeowners could see premiums rise up to 25 percent thanks to Hurricane Katrina-related subrogation litigation being brought by the Mississippi attorney general, according to a recent report by Milliman. The subrogation litigation is being brought by the Mississippi attorney …

Florida Lawmakers Pass Text While Driving Ban, Hands-Free Requirement

The Florida House on Monday passed a compromise bill that would make texting while driving a primary offense, as well as create a hands-free area within school zones and construction zones where workers are present. The bill, House Bill 107, …

Industry Eyes Renewal of U.S. Terror Reinsurance and Alternatives Should Congress Fail

U.S. insurers are pushing for the extension of a federal terrorism risk insurance program, hoping to fend off a possible gap that would leave their clients scrambling for alternate coverage. The program, which expires at the end of 2020, was …