July 13, 2022
Insurance industry trade associations said they do not want “misguided provisions” related to cyber claims data sharing in the next National Defense Authorization Act (NDAA) for fiscal year 2023. The American Property Casualty Insurance Association (APCIA), National Association of Mutual …
June 30, 2022
New Mexico Superintendent of Insurance Russell Toal and American Property Casualty Insurance Association President and CEO David A. Sampson are urging Congress to act quickly to pass the Hermit’s Peak Fire Assistance Act so residents impacted by the fire have …
June 14, 2022
As Western wildfires force evacuations in Arizona and California – on the heels of an early and severe wildfire season in New Mexico – insurers are increasingly eyeing the growing risks. “Insurers are very much concerned about the wildfire situation,” …
May 6, 2022
A new American Property Casualty Insurance Association (APCIA) survey of over 1,000 U.S. homeowners who have a homeowners insurance policy, reveals a majority of insured homeowners have not taken important steps to ensure their insurance coverage is keeping pace with …
March 8, 2022
US Insurers — already hammered by extraordinary losses caused by natural disasters — are also failing to raise premiums at a pace that matches an historic inflation rate, the American Property Casualty Insurance Association said Friday. APCIA said private property …
March 3, 2022
A Washington judge issued a stay on a rule banning the use of credit scoring by insurers in that state, and consolidated cases challenging the ruling, until the merits of the cases are decided. The rule handed down from Insurance …
February 1, 2022
Washington Insurance Commissioner Mike Kreidler has adopted his rule banning insurers from using credit information to set auto, homeowner and renter insurance for three years. Kreidler’s rule temporarily banning credit scoring will be in effect starting March 4 through three …
January 27, 2022
An insurer group is unhappy with new legislation to require insurance companies operating in California to disclose investments in fossil fuel-related entities as well as the fossil fuel-related companies and projects being underwritten. Assembly Bill 1694 expands upon the disclosures …
October 11, 2021
A judge in Washington ruled in favor of the insurance industry’s argument against Washington Insurance Commissioner Mike Kreidler’s emergency rule temporarily banning use of credit scoring. Kreidler’s emergency order prohibited insurers from using a consumer’s credit score to price auto, …
August 9, 2021
The American Property Casualty Insurance Association submitted comments in opposition to stakeholder draft regulations which will make Washington Commissioner Mike Kreidler’s emergency regulations banning the use of credit-based insurance scores permanent for three years. APCIA is again calling on the …