Industry Issues | Dodd-Frank Act
PCI is actively engaged with the implementation of the Dodd-Frank Act (DFA). Lawmakers appropriately treated insurance very differently in the Dodd-Frank Act and recognized the strong consumer protections already provided by state regulators and the guaranty fund system. PCI is working to ensure the regulatory rulemaking process has minimal impact on the insurance industry.
PCI Commends FSOC for Progress on Nonbank SIFI Rule
The Property Casualty Insurers Association of America (PCI) today commended the Financial Stability Oversight Council...
PCI Testifies Before Congress; Urges Bipartisan Support of Clarifying Bills for Dodd-Frank Act
The Property Casualty Insurers Association of America (PCI) today testified before Congress representing home, auto...
PCI Unveils New Study: Systematic Solution, Not Systemic Problem
The Property Casualty Insurers Association of America (PCI) today unveiled the findings of a new...
Legislative and Regulatory News
OFR Holds Inaugural Meeting of the Financial Research Advisory Committee
On December 5, the Office of Financial Research (OFR) held the inaugural meeting of its...
House Bill Introduced to Exempt Insurers from DFA Assessments
PCI has learned that Rep. Bill Posey (R-Fla.) has introduced H.R. 6423, which will exempt...
U.S. Department of Treasury Issues Rule on Nonbank Financial Companies
The U.S. Department of the Treasury has issued an interim final rule that sets forth...
Background and Resources
PCI Study: Systematic Solution, Not Systemic Problem
Join PCI Dodd-Frank Act Implementation Groups
PCI Engages in the Dodd-Frank Act Implementation
Dodd-Frank Act: Surplus Lines
PCI promotes and protects the viability of a competitive private insurance market for the benefit of consumers and insurers.
PCI is composed of more than 1,000 member companies, representing the broadest cross section of insurers of any national trade association. PCI members write more than $190 billion in annual premium, 40 percent of the nation's property casualty insurance. Member companies write 46 percent of the U.S. automobile insurance market, 32 percent of the homeowners market, 38 percent of the commercial property and liability market, and 41 percent of the private workers compensation market.
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