The Property Casualty Insurers Association of America’s (PCI) released its state legislative agenda for 2010 today, and in its crosshairs are reforms to New York’s no-fault auto insurance system, the advancement of market-based solutions in coastal markets, defeating a series of misguided auto insurance and bad faith bills in Michigan and protecting the use of risk-based underwriting tools.
“With budget and economic issues expected to dominate the agenda for state legislatures in 2010, PCI will push for important insurance reforms that benefit consumers by controlling costs, promoting competition and creating healthy, stable marketplaces,” said Paul Blume, SVP, state government relations for PCI. “Our agenda will help consumers in this tough economy. By addressing state specific issues such as no-fault fraud in New York, regional issues involving coastal insurance and multi-state issues such as credit-based insurance scoring, PCI is working to improve insurance markets for consumers across the country.”
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