The property and casualty industry has been through tough economic times, a slow recovery and "unparalleled" government expansion, but has "weathered the economic storm," an industry executive said here.
The PCIAA is voicing concern to the Treasury Department that its plan for making payments to and getting funds from insurers following a terrorism incident incorporates a "one-size-fits-all" approach that may not work in the real world.
PCI is seeking participants for its annual executive compensation survey and insurance compensation survey which provide a wealth of current information about industry compensation practices.
Congress's failure last week to reauthorize the National Flood Insurance Program once again leaves consumers in limbo, especially those that plan on closing on property purchases within the next few weeks.