American Property Casualty Insurance Association
  • Staff Contact: Brooke Kelley     
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  • FOR RELEASE ON RECEIPT
  • April 2, 2015
  • Georgia Addresses Ridesharing Insurance Issues; First State to Enact Compromise Among Insurers and TNCs
  • ATLANTA – The Georgia Legislature passed HB 190 today and is taking a common sense approach to regulating transportation network companies that allows for innovation while protecting the safety of rideshare drivers and the public, according to the Property Casualty Insurers Association of America (PCI).

    With HB 190, Georgia becomes the first state to enact the model compromise language agreed to by the insurance industry and Uber. Last week, several trade associations, insurers and Uber announced their support of a national insurance agreement, which addresses insurance issues and provides greater clarity in the marketplace.

    “By ensuring that there is appropriate insurance coverage for TNC activities at all times, this legislation is a huge step forward in protecting the drivers, riders and the general public,” said PCI’s Regional Manager Logan McFaddin. “The insurance language in the bill brings clarity and consistency to rideshare insurance laws and enhances consumer choice and protections. Our top priority was to close the insurance gaps and protect everyone involved, and this bill accomplishes that. We commend the legislature for all of their hard work to help reach this goal,” said McFaddin. 

    The bill will now go to Governor Nathan Deal for his signature.

  • 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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