Property Casualty Insurers Association of America News
PCI Panel: Carriers Should Encourage Flood Insurance Even Outside of a Hazard Zone
It might be time for carriers and agents to encourage their clients to buy coverage even if they're not living and working inside a flood zone. Such an action is long overdue, according to insurance ...
P/C Insurers See Trump Tariffs Spiking Costs for Auto and Home Coverage
As U.S. President Donald Trump's administration continues to slap tariffs onto all kinds of consumer products, property/casualty insurers are increasingly concerned how some of these actions will ...
Trump Tax Cuts, Lower Cat Losses Helped Make Q1 U.S. P/C Results Soar
Tax reform and lower catastrophe losses helped make all the difference for private U.S. property/casualty insurers in the 2018 first quarter. Their net income after taxes surpassed $17 billion during ...
P/C Insurance Trade Groups AIA and PCI Plan to Merge
Two leading U.S. property/casualty insurance carrier trade groups are talking about merging. The American Insurance Association (AIA) and the Property Casualty Insurers Association of America (PCI) ...
Carriers Can Learn From Uber Driverless Vehicle Fatality as They Shape Coverage Standards
Uber's driverless sport utility vehicle that struck and killed a woman in Arizona during a test run isn't spooking carriers from developing coverage for the technology. The industry is proceeding ...
Washington Outlook: PCI’s Agenda for 2017
A new administration and a new Congress present both challenges and opportunities for home, auto and business insurers as they work to promote a private and competitive marketplace—that best serves ...
Property/Casualty Insurance Industry Ready to Work With Trump
Groups representing the U.S. property/casualty industry say they expect a soon-to-be President Donald Trump and Republican Congress will be receptive to their agenda in the months ahead. The Property ...
Tech Innovation Top Growth Prospect for Reinsurers: Guy Carpenter Survey
Technology innovation will provide the biggest growth opportunities for reinsurers in the year ahead, according to a new survey by Guy Carpenter & Co. LLC, global risk and reinsurance specialist ...