Property Casualty Insurers Association of America (PCI) News

Insurers to Illinois Lawmakers: Regulate Commercial Rideshare Insurance Coverage

Two of the nation’s largest property/casualty insurer trade associations have weighed in with Illinois lawmakers on the subject of insurance coverage for commercial rideshare companies, saying such companies should be regulated in the same manner as other “for hire” auto …

PCI Provides NCOIL List of ‘Key Elements’ on International Issues

“The National Conference of Insurance Legislators (NCOIL) took positive steps this weekend during its spring meeting outlining key areas where state legislators and regulators can impact the international dialogue on insurance regulation,” according to the Property Casualty Insurers Association of …

PCI Bolsters Washington Operations with 3 Hires: Glassic, Austin, Gray

The Property Casualty Insurers Association of America (PCI)said it has added three new hires. Tom Glassic will join the association as vice president, policy and government relations; Nicole Austin will join the association as assistant vice president, federal government relations, …

PCI Expresses Concern with ‘Unnecessary’ Regulation in ComFrame Draft

The Property Casualty Insurers Association of America (PCI) has submitted formal comments to the International Association of Insurance Supervisors (IAIS) on its ComFrame Consultation Draft stating that ComFrame, while improved over prior versions, still imposes an unnecessary additional level of …

PCI States Position on International Regulatory Standards after House Hearing

The Property Casualty Insurers Association of America (PCI) issued a statement following the conclusion of Wednesday’s hearings by the House Financial Services Subcommittee on Housing and Insurance hearing entitled “The Impact of International Regulatory Standards on the Competitiveness of U.S. …

Insurer Group Mostly Happy with Missouri Legislative Session

The Missouri General Assembly made big strides this year towards modernizing how policyholders can access information associated with their insurance policy, according to the Property Casualty Insurers Association of America (PCI). The General Assembly passed SB 322 which allows consumers …

Trade Group Urges Indiana Governor to Sign Work Comp Bill

The Indiana General Assembly ended a very productive 2013 legislative session early in the morning on April 27 having passed workers’ compensation reform, legislation permitting the use of electronic devices to show evidence of insurance as well as positive uninsured …

Michigan Governor Proposes New Department of Insurance and Finance

Michigan Gov. Rick Synder has proposed the creation of a new Department of Insurance and Financial Services. Snyder, who is beginning his third year as governor, said the new department will “emphasize consumer protection while helping to create a climate …

PCI Urges ‘Further Dialogue’ before IAIS Applies ‘Too Big to Fail’ Rules to Insurers

On January 14 the Property Casualty Insurers Association of America (PCI) participated in a discussion with the International Association of Insurance Supervisors (IAIS) Financial Stability Committee on policy measures that would be applied to any insurance company designated as a …