American Insurance Association


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American Insurance Association

A lobbying organization for property and casualty insurance companies in the United States. It represents companies that sell car insurance, catastrophe insurance, and malpractice insurance, among others. Among other lobbying activities, it presses for lower taxation and regulatory reform of the insurance industry. It traces its origins to the National Board of Fire Underwriters, established in 1866. It is based in Washington, D.C.
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The American Insurance Association represents approximately 350 major insurance companies that provide all lines of property and casualty insurance and write more than $123 billion annually in premiums.
There is, in every state, an insolvency fund," said Michael Moran, spokesperson for American Insurance Association.
This legislation will provide clear and consistent standards for the CMS administrative process," says Melissa Shelk, vice president for federal affairs for the American Insurance Association.
It's definitely a growing problem,'' said Dave Unnewehr, a research manager with the American Insurance Association in Washington, D.
Marc Racicot, president of the American Insurance Association (AIA), today assured the residents of southeastern Virginia who were battered by three tornadoes yesterday that the insurance industry would be focused on a quick and targeted response in helping them recover.
Stephen Zielezienski, American Insurance Association general counsel, says, "By incorporating risk-related metrics in the process, the final rule reflects improvement over the first proposed rule.
A Wisconsin Senate Committee recently killed the anti-business all sums bill, a measure opposed by the American Insurance Association.
He is a consultant for the American Insurance Association and the Workers' Compensation Research Institute.
American Insurance Association President Leigh Ann Pusey said the AIA believes "consumers would be best protected under a single guaranty fund system, and are concerned with the approach taken by the bill on this issue.
The American Insurance Association is urging Washington lawmakers not to pass the legislation, saying that it would limit insurers' ability to underwrite homeowner insurance.
The three trade associations -- Association of California Insurance Companies (ACIC), American Insurance Association (AIA) and Personal Insurance Federation of California (PIFC), objected to the regulations at a CDI hearing today in San Francisco and offered statements that analyzed the regulations from legal, actuarial and economic perspectives.
Only four states do not allow insurers' use of credit in some manner when underwriting new or renewed policies, according to the American Insurance Association.
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