“The IRC has a proven track record in bringing factual information to public policy debates on a wide variety of insurance issues, such as natural catastrophes, auto injury compensation, and highway safety,” said PCI President and CEO David A. Sampson. “We look forward to collaborating with the other members of the IRC on these and other future issues.”
The IRC also expressed optimism about the collaboration. “We are thrilled that PCI is bringing its knowledge and expertise in public policy and legislative and regulatory matters to the IRC,” said Elizabeth Sprinkel, senior vice president of the IRC. “PCI’s participation will help ensure that IRC’s research agenda remains relevant and timely.”
PCI member companies include large national insurance companies, mid-size regional writers, insurers doing business in a single state, and specialty companies serving niche markets. PCI members write over $194 billion in annual premium, 40.1 percent of the nation’s property/casualty insurance. PCI was established in 2004 by the merger of the Alliance of American Insurers and the National Association of Independent Insurers. More information about the association can be found online at www.pciaa.net.
The IRC, founded in 1977, is an independent, nonprofit research organization supported by leading property/casualty insurance organizations. IRC is devoted solely to research and the communication of its research findings. In addition to PCI, current members of the IRC include:
Allstate Insurance Company National Association of Mutual Insurance Companies
American Family Insurance Safeco Insurance Services
Farmers Insurance Group State Farm Insurance Companies
The Hartford Financial Services Group, Inc. United Services Automobile Association
Liberty Mutual Group