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Impact of Tariffs on Consumers and the Property Casualty Insurance Industry Impact of Tariffs on Consumers and the Property Casualty Insurance Industry April 11, 2025 \| Multiple States	04/11/2025
APCIA Welcomes Sam Whitfield as Federal Government Relations Head APCIA announced that Sam Whitfield has joined the association as senior vice president, federal government relations and political engagement. March 25, 2025 \| All States, NAIC, Federal, International, District of Columbia	03/25/2025
U.S. Insurance Industry Shows Signs of Resilience Despite Continued Headwinds in 2024 Verisk (Nasdaq: VRSK), a leading global data analytics and technology provider, and The American Property Casualty Insurance Association (APCIA), the primary national trade association for home, auto and business insurers, today reported full-year 2024 net income for the insurance industry, which is estimated to be $170 billion. Adjusting for over $70 billion in capital gains realized by one insurer, full-year 2024 net income is estimated to be $100 billion. March 20, 2025 \| All States, NAIC, Federal, International, District of Columbia	03/20/2025
The Bipartisan Fix Our Forest Act is Critical to Reduce Wildfire Risk and Save Lives and Property Robert Gordon, senior vice president of policy, research, and international at the American Property Casualty Insurance Association (APCIA) testified before the U.S. Senate Agriculture, Nutrition, & Forestry Subcommittee on Conservation, Forestry, Natural Resources, and Biotechnology. The hearing is entitled, “Legislative Hearing to Review H.R. 471, the Fix Our Forests Act, and Options to Reduce Catastrophic Wildfire.” March 6, 2025 \| All States, NAIC, Federal, International, District of Columbia	03/06/2025
APCIA Announces Award Winners Among 2025 Class of Emerging Leaders The American Property Casualty Insurance Association (APCIA) today announced special award winners among the 2025 Class of Emerging Leaders during the Emerging Leaders Conference in Tampa, Florida. This year, 15 individuals were recognized among a class of 248 insurance professionals with an award for their exceptional work and outstanding impact in their careers. February 5, 2025 \| All States, NAIC, Federal, International, District of Columbia	02/05/2025
Legal System Abuse Reforms Are Needed to Lower Consumer Costs APCIA and Munich Re US released survey results on consumer attitudes about certain plaintiff lawyer tactics, including excessive lawyer advertising, generating nuclear jury awards, engaging in hidden third party litigation funding (TPLF), and jury anchoring. February 4, 2025 \| All States, NAIC, Federal, International, District of Columbia	02/04/2025
Impact of Tariffs on Consumers and the Property Casualty Insurance Industry Currently, about 6 out of every 10 auto replacement parts used in U.S. auto shop repairs are imported from Mexico, Canada, and China. If parts become more expensive, car owners will pay more each time they need something fixed. Repairs would also take longer if the supply chain is not set up to provide parts from other countries. Tariffs could also increase the price for new cars. February 3, 2025 \| All States, NAIC, Federal, International, District of Columbia	02/03/2025
APCIA Report: Insurance Markets Function Best When Allowed to Operate Competitively APCIA today released a report entitled “Price Regulation and its Effects on Insurance Markets: Analysis and Case Studies.” The report is authored by insurance expert and University of Iowa professor of finance Dr. Martin F. Grace. January 23, 2025 \| All States, NAIC, Federal, International, District of Columbia	01/23/2025
APCIA Announces New Board Chair and Chair-Elect The American Property Casualty Insurance Association (APCIA) approved new officers, effective January 1, 2025, to its Board of Directors. Dino E. Robusto, Executive Chairman of the Board of CNA Financial Corporation (NYSE: CNA), automatically succeeds to Chair as he was elected as Chair-Elect in 2022, and David A. Bell, President and CEO of ALPS Corporation and ALPS Property & Casualty Insurance Company, was elected Chair-Elect. January 21, 2025 \| All States, NAIC, Federal, International, District of Columbia	01/21/2025
Setting the Record Straight Regarding the Treasury Press Release on Homeowners Insurance Costs The following statement is in response to The U.S. Department of the Treasury’s Federal Insurance Office (FIO) report “Analyses of U.S. Homeowners Insurance Markets, 2018-2022: Climate-Related Risks and Other Factors.” January 17, 2025 \| All States, NAIC, Federal, International, District of Columbia	01/17/2025
Congress Must Act Now to Reduce the Risk of Catastrophic Wildfires APCIA and other insurance trade organizations sent a letter to House and Senate Leadership urging action on legislative solutions that are aligned with the Wildland Fire Mitigation and Management Commission policy recommendations. January 17, 2025 \| All States, NAIC, Federal, International, District of Columbia	01/17/2025
APCIA Announces 2025 Advocacy Priorities; Curbing Rampant Legal System Abuse Remains APCIA’s Top Priority The American Property Casualty Insurance Association (APCIA) announces the association’s 2025 advocacy priorities. January 6, 2025 \| All States, NAIC, Federal, International, District of Columbia	01/06/2025
APCIA Sends Letter to New York Times Editor About Climate Change Article APCIA President & CEO David A. Sampson's letter to the New York Times notes that a Senate Budget Committee report this week about climate change impacts on insurance, which the Times wrote about, presented an incomplete picture of the underlying challenges facing the insurance industry, as well as its commitment and ability to provide ongoing insurance protections to consumers. December 19, 2024 \| Federal	12/19/2024
Setting the Record Straight: Rising Insurance Costs in High-Climate Risk Regions Driven by Inflation, Legal System Abuse, and Government Rate Suppression – Resulting in Growth in Government Insurance Programs The American Property Casualty Insurance Association (APCIA) today released the following statement attributed to David A. Sampson, APCIA’s president and CEO. December 17, 2024 \| All States, NAIC, Federal, International, District of Columbia	12/17/2024
APCIA Announces 2025 Class of Emerging Leaders The American Property Casualty Insurance Association (APCIA) announces the 2025 Class of Emerging Leaders, representing 248 high performing insurance professionals from more than 90 different insurance companies and organizations. These individuals come from a broad spectrum of the industry across the nation, Spain, London, and Bermuda. December 17, 2024 \| All States, NAIC, Federal, International, District of Columbia	12/17/2024
Legislative Action is Essential During the Lame Duck Session to Address Wildfire Risk APCIA and a broad range of partners and stakeholders sent a letter to House and Senate Leadership urging action on legislative solutions that are aligned with the Wildland Fire Mitigation and Management Commission policy recommendations. November 20, 2024 \| All States, NAIC, Federal, International, District of Columbia	11/20/2024
APCIA Statement on 2024 Election The American Property Casualty Insurance Association (APCIA) president and CEO David A. Sampson issued the following statement on the results of the 2024 presidential election. November 7, 2024 \| All States, NAIC, Federal, International, District of Columbia	11/07/2024
Insurance Leaders Recognized as Industry Talent Champions During APCIA Annual Meeting The American Property Casualty Insurance Association (APCIA) recognized James Shay, president and CEO of American Contractors Insurance Group; Jessica Buss, CEO of Argo Group; and Marc Adee, chairman and CEO of Crum & Forster with the APCIA Industry Talent Champion Award for their leadership in growing industry talent initiatives. October 15, 2024 \| All States, NAIC, Federal, International, District of Columbia	10/15/2024
Cincinnati Financial Recognized for Leadership in Advocacy The American Property Casualty Insurance Association (APCIA) recognized Cincinnati Financial for their leadership in advocacy during the APCIA Annual Business Meeting of Members. October 8, 2024 \| All States, NAIC, Federal, International, District of Columbia	10/08/2024
APCIA Encourages Support for Legislation to Provide Transparency in Litigation Funding The American Property Casualty Insurance Association (APCIA) released a media statement encouraging support of House Judiciary Subcommittee Chairman Darrell Issa’s legislation, the “Litigation Transparency Act of 2024,” which calls for disclosure of third party litigation funding in civil litigation. October 7, 2024 \| All States, NAIC, Federal, International, District of Columbia	10/07/2024
APCIA Applauds Counter Ransomware Initiative for Guidance to Businesses APCIA applauds the leadership of the Counter Ransomware Initiative (CRI) in developing Guidance for Organisations During Ransomware Incidents. September 27, 2024 \| Multiple States	09/27/2024
Setting the Record Straight: Auto Insurance Cost Increases Explained The American Property Casualty Insurance Association (APCIA) today released the following statement attributed to David A. Sampson, president & CEO at APCIA, regarding the factors impacting the rising cost of auto insurance. September 17, 2024 \| All States, NAIC, Federal, International, District of Columbia	09/17/2024
Property Casualty Insurance Industry Contributing to Improved Cyber Hygiene in the U.S., According to New Survey of Insurers, Agents, and Brokers A new survey of insurers, agents, and brokers, conducted by the American Property Casualty Insurance Association (APCIA) and the Council of Insurance Agents & Brokers (Council) among their respective members, shows that the property casualty insurance industry is contributing to improved cyber hygiene in the United States and continues to develop products and services to meet the needs of businesses. The survey responses represent current views from survey participants, which are subject to change depending on market developments. September 5, 2024 \| All States, NAIC, Federal, International, District of Columbia	09/05/2024
U.S. Insurance Industry Begins to See Surplus Recovery, Boosted by First Half Capital Gains and Signs of U.S. Property and Casualty Firms Inching Towards Stabilization Verisk (Nasdaq: VRSK), a leading global data analytics and technology provider, and The American Property Casualty Insurance Association (APCIA), the primary national trade association for home, auto and business insurers, today reported that half-year 2024 gains for the insurance industry are estimated to be $95 billion. Adjusting for over $50 billion in capital gains realized by one insurer, first half 2024 gains are estimated to be approximately $45 billion. September 3, 2024 \| All States, NAIC, Federal, International, District of Columbia	08/28/2024
Saving on Auto Insurance: Smart Money Strategies for Back-to-College Students It’s that time of year again when college students all over the U.S. are heading to campus and checking their syllabi for the upcoming fall semester. As students transition back to school, this is a good opportunity to review their auto insurance coverage regardless of whether they will be bringing a car to campus, says the American Property Casualty Insurance Association (APCIA). August 16, 2024 \| All States, NAIC, Federal, International, District of Columbia	08/16/2024
APCIA Commends Draft Legislation to Address Negative Impacts of Third Party Litigation Funding The American Property Casualty Insurance Association (APCIA) released the following statement in support of House Judiciary Subcommittee Chairman Darrell Issa’s draft legislation, “The Litigation Transparency Act of 2024,” which calls for disclosure of third party litigation funding in federal litigation. The statement may be attributed to Nat Wienecke, APCIA’s senior vice president of federal government relations. July 11, 2024 \| All States, NAIC, Federal, International, District of Columbia	07/11/2024
Commonsense Transparency in Third Party Litigation Funding is Needed to Protect the Courts, Civil Justice, and Consumers The American Property Casualty Insurance Association (APCIA) released a media statement in support of today’s House Judiciary Subcommittee on Courts, Intellectual Property, and the Internet hearing entitled “The U.S. Intellectual Property System and the Impact of Litigation Financed by Third Party Investors and Foreign Entities.” June 12, 2024 \| All States, NAIC, Federal, International, District of Columbia	06/12/2024
APCIA Holds Legislative Action Day; Advocates for Policies to Increase Resiliency and Lower Consumers’ Insurance Costs The American Property Casualty Insurance Association (APCIA) held its Legislative Action Day this week. APCIA members discussed the property casualty industry’s advocacy priorities in 70 meetings with members of Senate Banking; Senate Environmental and Public Works; Senate Judiciary; House Financial Services; House Energy and Commerce; and House Transportation and Infrastructure committees, among others. Nat Wienecke, APCIA’s senior vice president of federal government relations released a statement. May 23, 2024 \| All States, NAIC, Federal, International, District of Columbia	05/23/2024
Prepare for an Active Hurricane Season by Strengthening Your Property & Limiting the Potential for Damage National Hurricane Preparedness Week (May 5-11) serves as an important reminder for consumers to take action to protect their homes and prepare their finances before the start of hurricane season on June 1. With forecasters at Colorado State University predicting a very active hurricane season ahead, it is critically important for residents of hurricane-prone states to take steps to strengthen their property against potential hurricane damage. Limiting the potential for damage and reducing losses from natural disasters is critical to improving the affordability and availability of insurance long-term, says the American Property Casualty Insurance Association (APCIA). May 6, 2024 \| All States, NAIC, Federal, International, District of Columbia	05/06/2024
APCIA Responds to Misleading Wall Street Journal Article on Insurers’ Use of Drones With a headline bent towards sensationalism, the recent Wall Street Journal article “Insurers Are Spying on Your Home From the Sky” wrongly suggests that insurers are inappropriately using drones with their customers. Insurers follow all terms in their contract along with all local, state, and federal laws related to the use of drones and customer privacy. The article fails to provide enough context on the important role remote viewing technologies play in preventing losses, accurately underwriting risk, and quickly processing claims. April 16, 2024 \| All States, NAIC, Federal, International, District of Columbia	04/16/2024
Insurance Experts Answer Common Questions After Severe Weather Causes Widespread Damage Across the South Following the severe storms, flooding, and tornadoes that caused widespread damage across southern states from Texas to Florida, insurance experts are answering key questions about insurance coverage and providing helpful information to help impacted residents begin the recovery process. April 12, 2024 \| All States, NAIC, Federal, International, District of Columbia	04/12/2024
APCIA Encourages Congress to Pass Funding Bill The American Property Casualty Insurance Association (APCIA) encourages support for the bipartisan funding package released earlier today. Nat Wienecke, APCIA’s senior vice president of federal government relations released a media statement. March 21, 2024 \| All States, NAIC, Federal, International, District of Columbia	03/21/2024
Wildland Commission Reforms Significant to Addressing Wildfires at the Federal, Tribal, State, and Local Levels The American Property Casualty Insurance Association released the following statement in support of today’s U.S. Senate Energy and Natural Resources Committee Hearing to Examine the Findings and Recommendations of the Wildland Fire Mitigation and Management Commission. March 12, 2024 \| All States, NAIC, Federal, International, District of Columbia	03/12/2024
APCIA Commends FIO and NAIC Data Collection Partnership The Department of Treasury’s Federal Insurance Office (FIO) and the National Association of Insurance Commissioners (NAIC) announced the organizations will coordinate data collection on climate-related risk. The American Property Casualty Insurance Association (APCIA) issued a press statement. March 8, 2024 \| All States, NAIC, Federal, International, District of Columbia	03/08/2024
APCIA Supports Advanced Impaired Driving Prevention Technology to Save Lives & Improve Road Safety The American Property Casualty Insurance Association (APCIA) this week submitted comments to the National Highway Transportation Administration (NHTSA) in response to their advanced notice of proposed rulemaking for advanced impaired driving prevention technology. In our letter, APCIA outlines our support for the inclusion of passive sensing device systems in NHTSA’s evaluation of effective impaired-driving countermeasures in its rule-making process. The following statement can be attributed to Michael Richmond-Crum, director of personal lines and counsel, for APCIA. March 8, 2024 \| All States, NAIC, Federal, International, District of Columbia	03/08/2024
APCIA Comments on SEC Climate-Related Disclosures Rule The American Property Casualty Insurance Association (APCIA) released a statement in response to the Securities Exchange Commission (SEC) Climate-Related Disclosures Rule. March 6, 2024 \| All States, NAIC, Federal, International, District of Columbia	03/06/2024
Reforms Are Needed to Address Abuses of the U.S. Legal System The American Property Casualty Insurance Association (APCIA) and Munich Reinsurance America, Inc. (Munich Re US) today released survey results on certain perceptions of the U.S. legal system. March 4, 2024 \| All States, NAIC, Federal, International, District of Columbia	03/04/2024
APCIA Responds to Accurate, Yet Concerning Wall Street Journal Editorial APCIA's president and chief executive officer David A. Sampson responds to a recent Wall Street Journal editorial that paints an accurate, yet concerning picture of the on-going impact inflation is having across the board on Americans, particularly their insurance costs. February 15, 2024 \| All States, NAIC, Federal, International, District of Columbia	02/15/2024
APCIA Announces Award Winners Among 2024 Class of Emerging Leaders The American Property Casualty Insurance Association (APCIA) announced special award winners among the 2024 Class of Emerging Leaders during the Emerging Leaders Conference in San Antonio, Texas. This year, 13 individuals were recognized among a class of 201 insurance professionals with an award for their exceptional work and outstanding impact in 2023. February 8, 2024 \| All States, NAIC, Federal, International, District of Columbia	02/08/2024
APCIA Opposes Federal Natural Catastrophe Backstop Bill The combination of climate change, accumulation of homes in hazard-prone regions, significant increases in labor and materials costs due to inflation, legal system abuse, and outdated regulatory systems cannot be overcome by a broad federal program that could potentially be more expensive for vulnerable policyholders and put families at even greater risk. January 12, 2024 \| Federal	01/12/2024
APCIA Announces 2024 Advocacy Priorities; Curbing Rampant Legal System Abuse is Among the Top Priorities The American Property Casualty Insurance Association (APCIA) announces the association’s 2024 advocacy priorities, which focus on nine priority areas. January 4, 2024 \| All States, NAIC, Federal, International, District of Columbia	01/04/2024
APCIA Announces 2024 Class of Emerging Leaders The American Property Casualty Insurance Association (APCIA) announces the 2024 Class of Emerging Leaders, representing 201 high performing insurance professionals from more than 80 different insurance companies and organizations across a broad spectrum of the industry. The 2024 Class of Emerging Leaders are making a significant impact on business transformation, data, artificial intelligence, privacy and tech innovations, the new shape of work, customer service, legal and regulatory issues, societal issues, diversity, equity, and inclusion, philanthropic work, and so much more. The rising stars are invited to attend the 2024 Emerging Leaders Conference February 4-6, 2024 in San Antonio, Texas, which is held in conjunction with Insurance Careers Month in February. December 15, 2023 \| All States, NAIC, Federal, International, District of Columbia	12/15/2023
Stay Prepared as December Tornadoes can be Severe and Cause Damage; 7 Preparedness Tips for Southern States This weekend there is the potential for isolated severe weather for the southern plains as a weather system crosses the country. With this system comes the potential for strong thunderstorms, hail, and tornadoes in some areas, according to the National Weather Service. It is important to remember that even in December tornadoes are possible. These weather events can occur rapidly and with little warning, so vigilance and advanced preparation is very important December 8, 2023 \| All States, NAIC, Federal, International, District of Columbia	12/08/2023
Don’t be a Victim of Package Thefts from your Home or Vehicle; 5 Tips to Protect Your Property With numerous great holiday shopping deals both in stores and online, the potential for package theft from your home or car increases. APCIA provides tips regarding package thefts from your home or vehicle. December 7, 2023 \| All States, NAIC, Federal, International, District of Columbia	12/07/2023
APCIA Commends Adoption of Rule to Clarify Court’s Role in Expert Testimony Admissibility The American Property Casualty Insurance Association (APCIA) commends the amendment to Rule 702 of the Federal Rules of Evidence (FRE) which sets the standards that judges must follow in determining whether expert evidence is admissible in federal courts. December 4, 2023 \| All States, NAIC, Federal, International, District of Columbia	12/04/2023
7 Winter Safety Tips for Your Home and Vehicle Winter’s cold, snow and ice can cause significant damage. With the inevitable arrival of winter’s cold and snow for many states, this is the ideal time to take precautions that will help ensure you’re ready, November 30, 2023 \| All States, NAIC, Federal, International, District of Columbia	11/30/2023
Prevent Scams While Shopping Online for Holiday Deals With online holiday promotions extending well beyond the traditional Black Friday and Cyber Monday, shoppers have many opportunities to save money and find great deals, but shoppers should be cautious while shopping online to ensure their personal information is protected. The American Property Casualty Insurance Association (APCIA) is offering tips to help people shop safely online during Black Friday and Cyber Monday promotions. November 22, 2023 \| All States, NAIC, Federal, International, District of Columbia	11/22/2023
Liberty Mutual Insurance Group Recognized for Leadership in Advocacy The American Property Casualty Insurance Association (APCIA) recognized Liberty Mutual Insurance Group for their leadership in advocacy yesterday during the APCIA Annual Business Meeting of Members. The following statement may be attributed to David A. Sampson, APCIA’s president and CEO. November 8, 2023 \| All States, NAIC, Federal, International, District of Columbia	11/07/2023
Insurance Markets are Facing Strong Challenges; Strong Leadership is Needed to Overcome Robert Gordon, senior vice president of policy, research and international testified today before the House Financial Services Committee’s Subcommittee on Housing and Insurance. The hearing is entitled, “The Factors Influencing the High Cost of Insurance for Consumers.” APCIA released a statement attributed to Gordon. November 2, 2023 \| All States, NAIC, Federal, International, District of Columbia	11/02/2023
While Facing Strong Financial and Regulatory Headwinds, Insurers Remain Able to Overcome Obstacles and Meet Consumer Needs The property casualty insurance industry continued to face significant headwinds through the first half of 2023, according to the American Property Casualty Insurance Association’s (APCIA) report on the sector’s first-half financial results and expected trends for the remainder of 2023. October 30, 2023 \| All States, NAIC, Federal, International, District of Columbia	10/30/2023
APCIA & CyberAcuView Release Joint Research Paper on the Elements of an Efficient Cyber Insurance Market The American Property Casualty Insurance Association (APCIA), in partnership with CyberAcuView, has published a new research paper “Elements of an Efficient Cyber Insurance Market.” The paper is a factual analysis of cyber insurance market data and trends and examines the challenges for the cyber insurance market, changes in underwriting, and the continuing evolution of cyber insurance in a constantly evolving technological landscape. October 24, 2023 \| All States, NAIC, Federal, International, District of Columbia	10/24/2023
Tips to Avoid a Halloween Nightmare on Your Street As more people engage in Halloween-related activities this year, the American Property Casualty Insurance Association (APCIA), urges drivers and property owners to take a few simple precautions to help prevent accidents from creeping up over the holiday. October 24, 2023 \| All States, NAIC, Federal, International, District of Columbia	10/24/2023
Natural Disasters Increasing in Frequency and Severity, Yet a New APCIA Survey Shows Nearly Three-Quarters of Homeowners Face Barriers to Increasing the Resiliency of their Home Recent high profile natural catastrophic events highlight how important mitigation and resiliency are for homeowners and business owners in protecting their property from costly natural disasters. Yet, a new survey from the American Property Casualty Insurance Association (APCIA), conducted online by The Harris Poll among more than 1,000 U.S. homeowners, reveals that nearly three-quarters (74 percent) of homeowners face barriers to increasing the resiliency of their home against natural disasters, with the top barrier being that it is too expensive (46 percent). October 6, 2023 \| All States, NAIC, Federal, International, District of Columbia	10/06/2023
October is Cybersecurity Awareness Month; APCIA Offers Best Practices to Help Businesses Protect Against Cyber Threats Each October, Cybersecurity Awareness Month is an important reminder for individuals and businesses to take steps to improve their cyber defenses and defend against ransomware attacks. The American Property Casualty Insurance Association’s (APCIA) Cybersecurity and Data Security Best Practices can help businesses strengthen their cyber defenses and avoid falling victim to bad actors. October 4, 2023 \| All States, NAIC, Federal, International, District of Columbia	10/04/2023
The Threat of Tornadoes and Severe Weather Rises in the South this time of Year; APCIA Urges Residents to Be Prepared Portions of the South are facing the increased threat of severe weather and tornadoes this time of year. We are in the period known as the “second tornado season” for many residents in the south. The American Property Casualty Insurance Association (APCIA) urges residents, particularly across the South and southern Plains to stay vigilant, monitor the weather closely, and be prepared to take cover in a safe location if a tornado occurs. October 4, 2023 \| All States, NAIC, Federal, International, District of Columbia	10/04/2023
New APCIA Report Analyzes Growing EV Landscape and Finds Insurance Industry Challenges and Opportunities The American Property Casualty Insurance Association (APCIA) has released a new paper “Electric Vehicle Adoption and Impacts for the Insurance Industry.” It examines electric vehicle adoption and its impact for the insurance industry and presents an overview of EV technologies, insurance considerations and potential challenges, as well as a summary of recent policy and regulation driving EV adoption. October 2, 2023 \| All States, NAIC, Federal, International, District of Columbia	10/02/2023
New Approaches are Critical to Reducing Catastrophic Wildfire Risk Today, the Wildland Fire Mitigation and Management Commission released its final report, “On Fire: The Report of the Wildland Fire Mitigation and Management Commission.” The Commission was established at the direction of Congress as part of the Infrastructure Investment and Jobs Act and members were appointed by the Biden-Harris Administration. David A. Sampson, president and CEO of the American Property Casualty Insurance Association (APCIA) is a member of the Commission and serves in the Property Development Industry seat. September 27, 2023 \| All States, NAIC, Federal, International, District of Columbia	09/27/2023
Insurers are Leaders in Addressing the Impacts of Climate Change and the Energy Transition The American Property Casualty Insurance Association (APCIA) and The Geneva Association yesterday hosted a virtual policy event, entitled “Changing Climate: Mitigation and Insurers’ Role in the Energy Transition” to emphasize the active role insurers play through investment strategies and product development to support responsible transition pathways. September 22, 2023 \| All States, NAIC, Federal, International, District of Columbia	09/22/2023
Commonsense Reforms are Needed in Third Party Litigation Financing The American Property Casualty Insurance Association (APCIA) released a media statement in support of the House Committee on Oversight and Accountability hearing entitled, “Unsuitable Litigation: Oversight of Third-Party Litigation Funding.” September 13, 2023 \| All States, NAIC, Federal, International, District of Columbia	09/13/2023
APCIA Encourages Solutions to Address Increasing Insurance Costs Impacting Consumers The American Property Casualty Insurance Association (APCIA) released a statement in support of today’s Senate Committee on Banking, Housing and Urban Affairs hearing entitled, “Perspectives on Challenges in the Property Insurance Market and the Impact on Consumers.” September 7, 2023 \| All States, NAIC, Federal, International, District of Columbia	09/07/2023
Fall Weddings are Very Popular and can be Expensive; 5 Quick Tips to Protect Your Special Day and Start Married Life on the Right Foot With the cost of the average wedding in the U.S. rising and the Fall wedding season approaching, smart brides and grooms are wise to consider talking to an insurance agent or company about wedding insurance, which is a form of special event insurance. July 31, 2023 \| All States, NAIC, Federal, International, District of Columbia	07/31/2023
APCIA Releases New Study: Auto Insurance: The Uncertain Road Ahead; Highlights Continued Impact of Inflation and other Trends A new study “Auto Insurance: The Uncertain Road Ahead” released today by the American Property Casualty Insurance Association (APCIA), reveals that insurance claims inflation has continued to rise faster than the underlying consumer price index (CPI), far outpacing increases in auto insurance premiums. The combination of rapidly increasing overall economic inflation and claims inflation has driven up auto insurance losses and combined ratios. July 19, 2023 \| All States, NAIC, Federal, International, District of Columbia	07/19/2023
APCIA Commends White House Action to Modernize Energy Building Codes to Improve Climate Resilience The Biden-Harris Administration announced $90M in funding to help communities across the nation implement updated energy building codes to enhance climate resilience. Nat Wienecke, senior vice president of federal government relations at the American Property Casualty Insurance Association (APCIA) released a statement. July 13, 2023 \| All States, NAIC, Federal, International, District of Columbia	07/13/2023
Peak of Tornado Season Continues, APCIA Urges Continued Vigilance Although the U.S. has moved beyond the peak of tornado season (March through June), the nation is still grappling with severe convective weather. This is the third most active season in the previous 10 years and APCI urges continued vigilance. July 12, 2023 \| All States, NAIC, Federal, International, District of Columbia	07/12/2023
Insurers Offer Recovery Tips for Residents Impacted by Recent Tornadoes and Severe Weather Recent tornadoes and severe weather have caused significant damage across the South and southern Plains. For residents whose home or business has been damaged or destroyed, it is important to contact your insurer as soon as possible to file a claim, says the American Property Casualty Insurance Association (APCIA). Insurers can be reached 24-7 through their toll-free claims number or via text, app, or website. June 22, 2023 \| All States, NAIC, Federal, International, District of Columbia	06/22/2023
APCIA Statement on Coverage Related to Potential Smoke Damage from Wildfires in Canada The American Property Casualty Insurance Association (APCIA) today issued the following statement regarding questions on coverage related to potential smoke damage from wildfires in Canada. June 15, 2023 \| All States, NAIC, Federal, International, District of Columbia	06/09/2023
APCIA Holds Legislative Action Day; Advocates for Policies to Increase Climate Resiliency The American Property Casualty Insurance Association (APCIA) held its annual Legislative Action Day this week. APCIA members discussed the property casualty industry’s policy priorities in more than 80 meetings with members of Senate Banking, Housing, and Urban Affairs; Senate Appropriations; Senate Small Business and Entrepreneurship; House Financial Services committees, among others. May 18, 2023 \| All States, NAIC, Federal, International, District of Columbia	05/18/2023
Insurers Urge Greater Preparedness During Peak of Tornado Season The United States is in the midst of an active tornado season, and peak season activity typically occurs in April and May. The American Property Casualty Insurance Association (APCIA) urges residents in states prone to tornadoes and severe weather to take steps now to be prepared for peak season activity. To help residents prepare, APCIA has published a paper 2023 Tornado Season & Consumer Preparedness Actions, which highlights ways consumers can be better prepared for severe weather. It also provides specific ways that consumers can help to address rising costs. April 21, 2023 \| All States, NAIC, Federal, International, District of Columbia	04/21/2023
Underwriting Losses Soar, Net Income Shrinks for P&C Insurers in 2022 Key financial results for private U.S. property/casualty insurers significantly worsened in 2022 from a year earlier, according to preliminary results from Verisk (Nasdaq: VRSK), a leading global data analytics provider, and the American Property Casualty Insurance Association (APCIA). March 28, 2023 \| All States, NAIC, Federal, International, District of Columbia	03/28/2023
Setting the Record Straight: Legal System Abuse is Driving Higher Loss Trends and Increasing Costs for Households and Businesses The Consumer Federation of America (CFA) and Center for Justice & Democracy (CJ&D) continue to advance flawed methodology and restate the authors’ opinions in their report, “Inventing Social Inflation 2023.” June 1, 2023 \| All States, NAIC, Federal, International, District of Columbia	03/22/2023
Easy Ways to Be Prepared for Spring Flooding and Severe Weather this Season According to forecasters with the National Oceanic and Atmospheric Administration (NOAA), approximately 44 percent of the U.S. is at risk for spring flooding this year. There is a risk for flooding in most of the eastern half of the U.S. and moderate to major flooding is predicted along the Mississippi River from Minneapolis, Minnesota, to St. Louis, Missouri. March 20, 2023 \| All States, NAIC, Federal, International, District of Columbia	03/20/2023
APCIA Urges Preparedness During Central U.S. Earthquake Awareness Month During Central U.S. Earthquake Awareness Month in February, the American Property Casualty Insurance Association (APCIA) urges earthquake preparedness for residents and communities, which includes considering earthquake insurance coverage and taking steps to mitigate your property against potential earthquake damage. February 17, 2023 \| All States, NAIC, Federal, International, District of Columbia	02/17/2023
Wildland Fire Mitigation and Management Commission Releases Report to Address Aerial Equipment Challenges The Wildland Fire Mitigation and Management Commission released its first report to Congress, Aerial Equipment Strategy Report. American Property Casualty Insurance Association (APCIA) president and CEO David A. Sampson is a member of the nonpartisan Commission. Sampson released a statement. February 13, 2023 \| All States, NAIC, Federal, International, District of Columbia	02/13/2023
APCIA Announces Award Winners Among 2023 Class of Emerging Leaders The American Property Casualty Insurance Association (APCIA) announced special award winners among the 2023 class of Emerging Leaders during the Emerging Leaders Conference in Charleston, South Carolina. This year, 14 individuals were recognized among a class of 144 insurance professionals with an award for their exceptional work and outstanding impact in 2022. February 7, 2023 \| All States, NAIC, Federal, International, District of Columbia	02/07/2023
The Fairest Way to Reduce Insurance Costs is to Decrease Crashes Through Roadway Safety Initiatives The American Property Casualty Insurance Association (APCIA) issued a statement in response to President Biden’s comments about auto insurance rates at the National Action Network’s Annual Dr. Martin Luther King Jr. Day Breakfast. January 20, 2023 \| All States, NAIC, Federal, International, District of Columbia	01/20/2023
APCIA Announces 2023 Class of Emerging Leaders The American Property Casualty Insurance Association (APCIA) announces the 2023 class of Emerging Leaders, representing 144 insurance professionals from across a broad spectrum of the industry. The rising stars are invited to attend the 2023 Emerging Leaders Conference February 5-7 in Charleston, South Carolina, which is held in conjunction with Insurance Careers Month in February. January 19, 2023 \| All States, NAIC, Federal, International, District of Columbia	01/19/2023
APCIA Congratulates Alan Schnitzer for Insurance Leader of the Year Award Recognition The American Property Casualty Insurance Association (APCIA) congratulates Alan D. Schnitzer, chairman and CEO of The Travelers Companies, Inc. and APCIA Board chair for being recognized as the 2022 Insurance Leader of the Year by St. John’s University’s Maurice R. Greenberg School of Risk Management, Insurance and Actuarial Science. David A. Sampson, APCIA’s president and CEO released a statement. January 19, 2023 \| All States, NAIC, Federal, International, District of Columbia	01/19/2023

The American Property Casualty Insurance Association (APCIA) is the primary national trade association for home, auto, and business insurers. APCIA promotes and protects the viability of private competition for the benefit of consumers and insurers, with a legacy dating back 150 years. APCIA members represent all sizes, structures, and regions—protecting families, communities, and businesses in the U.S. and across the globe.

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