WASHINGTON &ndash; The American Property Casualty Insurance Association (APCIA) announces the association&rsquo;s 2025 advocacy priorities. The following may be attributed to David A. Sampson, APCIA&rsquo;s president and CEO:

&ldquo;In the coming year, APCIA remains focused on working to address the factors that impact insurance affordability and availability; most notably, government risk and other man-made factors that impede competitive insurance markets from providing the widest range of price and product options to consumers. Our efforts will emphasize increased education to promote awareness and understanding of the property-casualty insurance role.&nbsp;

&ldquo;Curbing rampant legal system abuse remains the top APCIA priority for 2025, building on 2024 reform efforts.&nbsp; While the issues driving legal abuse are numerous, the growth of third-party investment and funding of U.S. litigation - particularly in intellectual property litigation - has been alarming and has highlighted the need for transparency and disclosure of who is profiting from judicial outcomes. Litigation is becoming more expensive and more prevalent, with the injured party&rsquo;s percentage of recovery declining as lawsuits are financed by outside parties.&nbsp; It&rsquo;s fair to ask whether truth and justice are being replaced by profit motive.&nbsp;&nbsp;&nbsp;

&ldquo;Likewise, another priority for 2025 is to preserve insurers&rsquo; use of risk-based pricing and related tools while ensuring that regulation focuses on market conduct and financial solvency oversight, rather than government intrusion that hinders the development of private competitive markets.&nbsp; At the federal level, as the tax debate heats up, APCIA will be engaged to ensure that the taxation structure reflects the property-casualty insurance business model.&nbsp;

&ldquo;Other priority areas include allowing innovations like artificial intelligence (AI) and cyber security defense services to evolve with appropriate oversight to grow private markets; promoting resilience, sustainability, and risk mitigation for natural catastrophes; addressing auto insurance cost drivers (including the impact of potential tariffs); maintaining a sound state-based workers compensation insurance system; and growing foreign market access and competitive standards for our members, among other issues.&rdquo;&nbsp;

The American Property Casualty Insurance Association (APCIA) announces the association’s 2025 advocacy priorities. 

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