PCI

Just within the last month the U.S. experienced the first hurricane hitting Florida in more than a decade, historic flooding in Louisiana, and the strongest earthquake on record in Oklahoma. Because Mother Nature has the power to change lives overnight, the Property Casualty Insurers Association of America (PCI) is urging property owners to take a “Disaster Reality Check” regarding their preparedness and ability to recover from a natural disaster or other emergency.

While we’ve not had much activity this hurricane season in the Atlantic basin, the threat of a storm quickly developing is still a possibility. Historically, September is an active month for hurricanes and it only takes one storm to cause massive amounts of property damage according to The Property Casualty Insurers Association of America (PCI). During September PCI, along with many of our members, will participate in National Preparedness Month which focuses on themes each week and the September 30, National PrepareAthon Day.

With a record 8.2 million acres already consumed by dangerous wildfires and the peak of wildfire season is just beginning, the Property Casualty Insurers Association of America (PCI) is using National Preparedness Month to remind homeowners and renters that it’s time to take a “wildfire preparedness reality check” to ensure you’re physically and financially prepared.

CHICAGO - According to AAA more Americans will hit the roads or take to the skies this year for the last holiday weekend of the summer. With the increase number of people on the roads, the Property Casualty Insurers Association of America (PCI) is offering some travel tips help keep this holiday as stress free as possible.

With Tropical Storm Erika strengthening in the Atlantic, potentially on track to hit Florida, the Property Casualty Insurers Association of America (PCI) encourages residents in the southeast to listen to their emergency officials and prepare for severe weather. Although the storm’s path is uncertain, forecasters are warning residents to get prepared for heavy rain bands

With National Preparedness Month set to begin September 1, the Property Casualty Insurers Association of America (PCI) says this is the perfect time to contact your insurance agent or company and make sure you are properly covered for all natural disasters

The Property Casualty Insurers Association of America (PCI) today sponsored a policy briefing entitled “Does One Size Fit All? A Policy Discussion on Insurance, Regulation, and the American Economy” on Capitol Hill, where House Financial Services Committee members and industry experts discussed the potential effects of international standard setting on United States’ current state-based regulatory structure.

Private U.S. property/casualty insurers’ net income after taxes grew to $18.2 billion in first-quarter 2015 from $13.9 billion in first-quarter 2014, with insurers’ overall profitability as measured by their rate of return on average policyholders’ surplus growing to 10.8 percent from 8.4 percent, according to ISO, a Verisk Analytics (Nasdaq:VRSK) business, and the Property Casualty Insurers Association of America (PCI)

President Barack Obama has signed into law the “Defending Public Safety Employees’ Retirement Act,” which includes legislation to renew Trade Promotion Authority (TPA). Dave Snyder, vice president, international policy at the Property Casualty Insurers Association of America (PCI) issued the following statement

Nat Wienecke, the Property Casualty Insurers Association of America’s (PCI) senior vice president, federal government relations issued the following statement today applauding Senators Dean Heller (R-NV) and Jon Tester (D-MT) and Representatives Dennis Ross (R-FL) and Patrick Murphy (D-FL) for introducing the Flood Insurance Market Parity and Modernization Act

We are now entering the hot summer months where pop-up thunderstorms and lightning are very common, especially in the southeast. However, in many homes and businesses across the country there is a little known risk of fire that can by triggered by lightning strikes.

Dave Snyder, vice president, international policy at the Property Casualty Insurers Association of America (PCI) issued the following statement following the Senate passage of “The Bipartisan Congressional Trade Priorities and Accountability Act of 2015,” legislation to renew Trade Promotion Authority (TPA)

Nat Wienecke, senior vice president, federal government relations at the Property Casualty Insurers Association of America (PCI) issued the following statement regarding the Senate Banking Committee’s mark-up of “The Financial Regulatory Improvement Act of 2015.

With the aftermath of Tropical Storm Ana, and the violent tornadoes that swept through Texas and Oklahoma the Property Casualty Insurers Association of America (PCI) wants to offer insurance recovery information to help in the wake of these storms

With drought conditions continuing across much of the western United States, the threat of devastating wildfires remains high, and residents of wildfire-prone states need to ensure they are prepared. The Property Casualty Insurers Association of America (PCI) encourages residents living in fire-prone areas to participate in the National Fire Protection Association’s Wildfire Community Preparedness Day being held Saturday, May 2 and to begin physically and financially preparing for wildfire season.