Nat Wienecke, senior vice president of federal government relations at the American Property Casualty Insurance Association (APCIA) issued the following statement commending the Senate Banking Committee for holding today’s hearing entitled “The Reauthorization of the Terrorism Risk Insurance Program.” APCIA also urges Congress to reauthorize the current Terrorism Risk Insurance Act (TRIA) program as soon […]

Governor Phil Scott signed legislation (S.131) yesterday that will help encourage the development of new, innovative insurance products, services, and technologies that benefit consumers

The Atlantic hurricane season begins on June 1 and the American Property Casualty Insurance Association (APCIA) yesterday hosted a policy briefing, entitled “Hurricane Season: Resiliency, Response, and Recovery,” on Capitol Hill to provide resources to congressional staff to assist constituents with preparing and recovering from hurricanes and other natural catastrophes.

Hurricane season begins June 1, 2019, and extends through November 30, 2019. While forecasters are calling for a slightly below-average hurricane season, the American Property Casualty Insurance Association (APCIA) encourages Floridians to take time now to evaluate their insurance policies, inventory their possessions and develop emergency plans.

WASHINGTON, D.C. - Following the objection yesterday to extend the National Flood Insurance Program (NFIP) for two-weeks in order to avoid a lapse, David Sampson, president and CEO of the American Property and Casualty Insurance Association (APCIA) issued the following statement:

Nat Wienecke, senior vice president of federal government relations at the American Property Casualty Insurance Association (APCIA) issued the following statement expressing concerns that the National Flood Insurance Program could lapse as the Atlantic hurricane season begins.

Wildfire has long been part of California’s landscape and insurers understand that this risk is increasing. The 2018 wildfires resulted in $12 billion in insured losses becoming the costliest fires in state history.

Private U.S. property/casualty insurers saw their net income after taxes rise to $60 billion in 2018 from $36.1 billion in 2017—a 66.3 percent increase—helped by double-digit premium growth and a significant decline in catastrophe losses, according to ISO, a Verisk (Nasdaq:VRSK) business, and the American Property Casualty Insurance Association (APCIA).

The American Property Casualty Insurance Association (APCIA), the Insurance Careers Movement (ICM), and AM Best, today announced that nominations are open for the Emerging Leaders Conference to recognize the brightest rising talents in the insurance industry.

Today’s passage of Assignment of Benefits reform is a victory for Florida’s homeowners and should help stop the abusive and fraudulent practices that have been harming consumers and driving out-of-control litigation, the Consumer Protection Coalition said.