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.

The PCI has yet to take a stand on the proposal to provide a state and federal backstop for mega-catastrophe risks similar to the one for terror risk.

The organization will continue to fight challenges to the legality of homeowner policy flood exclusion language, but will push for federal financial assistance for those homeowners who lived outside the federally mapped flood zones and whose homes were destroyed by hurricane-related floods.

The group’s plan for reform of the National Flood Insurance Program includes pressing for limitations on the number of times a single property can be eligible to purchase flood insurance after a claim and more actuarially sound pricing.

Other agenda items include:

o Development of a permanent market-based approach to providing terror risk coverage after the Terrorism Risk Insurance Act expires in 2007.

o State measures to regulate asbestos injury claims litigation as well as a federal solution “that doesn’t require insurers to write blank checks.”

o Monitoring congressional efforts to impose national regulatory standards on the insurance industry as well as studies reviewing the industry’s anti-trust exemption.

o Massachusetts auto regulatory reform will top the list of state issues the PCI will monitor.