|
|
- Staff Contact: Eileen Gilligan
Printer-Friendly
PDF Export
Please use the 'X' in the bottom right corner of the preview window OR click anywhere outside of the preview window to close.
Using the internet browser BACK button will prevent additional edits from being saved.
- Eileen Gilligan
202-639-0497
eileen.gilligan@pciaa.net
- FOR RELEASE ON RECEIPT
- July 25, 2018
- PCI Commends House Action on NFIP
WASHINGTON — Nat Wienecke, senior vice president of federal government relations at the Property Casualty Insurers Association of America (PCI) issued the following statement:
“PCI is pleased the House passed legislation to protect consumers and continue the National Flood Insurance Program without a lapse. This four-month extension provides homeowners and businesses with certainty through hurricane season. However, PCI and our members urge Congress to pass a long-term bill with reforms that will provide more consumer options and greater financial stability to the NFIP.”
- PCI promotes and protects the viability of a competitive private insurance market for the benefit of consumers and insurers. PCI is composed of nearly 1,000 member companies, representing the broadest cross section of insurers of any national trade association. PCI members write $220 billion in annual premium, 37 percent of the nation's property casualty insurance. Member companies write 44 percent of the U.S. automobile insurance market, 30 percent of the homeowners market, 35 percent of the commercial property and liability market and 37 percent of the private workers compensation market.
- ###
- For Guidelines concerning the use of this information, click here.
- If you do not wish to receive this type of information from PCI, click here.
- If you experience problems reading this email, you can access the page online by clicking here.