The Property Casualty Insurers Association of America (PCI) said its political agenda this year will focus on issues resulting from insurers' record 2005 natural catastrophe losses.
Ernst Csiszar, PCI chief executive officer, said catastrophe insurance, lawsuits over flood damage exclusions, building codes and flood insurance reform head the list of topics the PCI will address in both Congress and state houses this year.
"At its core, the issue of catastrophe insurance revolves around how insurers and public policymakers can work together to enhance competitive and well-regulated insurance markets, mitigate losses from future disasters, educate the public about catastrophic risk insurance, and provide consumers the most affordable protection from such disasters," Mr. Csiszar said.
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