American Property Casualty Insurance Association
  • Staff Contact: Brooke Kelley     
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  • FOR RELEASE ON RECEIPT
  • February 24, 2015
  • PCI’s Sampson to Speak at the National Tornado Summit
  • CHICAGO- David A. Sampson, president and CEO of the Property Casualty Insurers Association of America (PCI), will offer the industry’s perspectives on a wide range of issues Tuesday, February 24th at the National Tornado Summit in Oklahoma City. The event will explore disaster mitigation, response and recovery tactics, and the importance of preparedness in an effort to saves lives and protect property in the face of a catastrophe.

    Sampson will speak to the need for increased collaboration amongst key stakeholders to enhance preparedness efforts, and the importance of consumer financial literacy.  Sampson will also address the need to cooperate at the state, local, and federal level in order to help communities rebuild with certainty and efficiency after an event. As part of his remarks, Sampson will also focus on the viability of the insurance marketplace in the aftermath of a major storm.

     “We at PCI welcome the opportunity to contribute to this year’s National Tornado Summit. We commend Oklahoma Insurance Commissioner John Doak for hosting this important event,” said Marguerite Tortorello, PCI’s senior vice president, public affairs.

     “This Summit is an excellent opportunity for insurance industry leaders, emergency responders, and officials to exchange ideas that will advance consumer preparedness and financial literacy before an event. PCI continues to work with policymakers across the country to bring more certainty to response activities and to help consumers be more weather-ready, which can save lives,” said Tortorello.

  • PCI promotes and protects the viability of a competitive private insurance market for the benefit of consumers and insurers. PCI is composed of nearly 1,000 member companies, representing the broadest cross section of insurers of any national trade association. PCI members write more than $195 billion in annual premium, 35 percent of the nation's property casualty insurance. Member companies write 42 percent of the U.S. automobile insurance market, 28 percent of the homeowners market, 33 percent of the commercial property and liability market and 35 percent of the private workers compensation market.
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