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PCI Does Hokey Pokey

I was shocked to hear Ernie Csiszar abruptly announce his resignation as president of the Property Casualty Insurers Association of America. The move capped a wild week, coming shortly after PCI

By Staff Writer | Updated on September 24, 2006

I was shocked to hear Ernie Csiszar abruptly announce his resignation as president of the Property Casualty Insurers Association of America. The move capped a wild week, coming shortly after PCI reversed course and pulled out of ProtectingAmerica.org–the Allstate-backed group pushing for a federal mega-catastrophe fund, which PCI had only recently joined with much fanfare.

With everyone directly involved clamming up on Ernie’s motivations, I speculated on my blog (www.property-casualty.com) that he most likely got caught in the crossfire between two of PCI’s biggest members over the group’s position on catastrophe coverage.

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