Property Casualty Insurers Association (PCI) News

South Carolina Passes First Insurance Industry Cybersecurity Law

South Carolina has become the first state to pass a cybersecurity bill requiring any insurance entity operating in the state to establish and implement a cybersecurity program protecting their business and their customers from a data breach. And while the …

Georgia Bans Use of Handheld Devices While Driving

Georgia has become the latest state to ban the use of handheld devices while behind the wheel. Gov. Nathan Deal signed H.B. 673 into law on May 2, making Georgia the 16th state to ban using a cellphone, including texting, …

Indiana Workers’ Comp Formulary Bill Passes; Governor Urged to Sign

The Indiana General Assembly has passed legislation that adopts a drug formulary for the state’s workers’ compensation system. The Property Casualty Insurers Association of America (PCI) is urging Indiana Gov. Eric Holcomb to sign the bill, SB 369. “Evidence-based pharmaceutical …

Update: Insurance Industry Preparation for Hurricane Irma in Full Swing in Florida

Insurers are taking no chances in preparing for Hurricane Irma as the powerful category 5 storm slogs its way through the Caribbean, devastating the communities left in its wake on its potential path towards the U.S. Insurers made a full …

Insurer Group PCI Adds 4 to Federal Relations, Tax Policy Teams

The Property Casualty Insurers Association of America (PCI) announced the addition of four new hires in the areas of federal government relations and taxation. Mona Dooley and Kyle Glenn are joining the association as assistant vice presidents, federal government relations …

NAIC Drafts Changes for NFIP, Encourages Long-Term Reauthorization

The National Association of Insurance Commissioners (NAIC) has released its recommendations for changes to the National Flood Insurance Program (NFIP) when it goes up before Congress for reauthorization next year. The current NFIP is due to expire on Sept. 30, …

Report: Mississippi Insurers Not Overcharging Coastal Residents

Results of Mississippi’s Property Insurance Clarity Act Data Call are in and they confirm what insurance experts in the state say they already knew: insurers are not overcharging coastal residents in Mississippi. In fact, many Mississippi homeowner insurers are actually …