American Property Casualty Insurance Association
  • Staff Contact: Eileen Gilligan     
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  • FOR RELEASE ON RECEIPT
  • April 23, 2015
  • PCI Statement on Passage of PCNA and NCPAA Cyber Legislation
  • WASHINGTON – Nat Wienecke, senior vice president, federal government relations at The Property Casualty Insurers Association of America (PCI) issued the following statement on the passage of H.R. 1560, the Protecting Cyber Networks Act (PCNA) and H.R. 1731, the National Cybersecurity Protection Advancement Act (NCPAA) of 2015.

    “PCI supports the direction taken by H.R. 1560, the Protecting Cyber Networks Act (PCNA) and H.R. 1731, the National Cybersecurity Protection Advancement Act (NCPAA) of 2015 and applauds the House for passage of the legislation,” said Wienecke. “In the face of ever increasing cyber risks, it is more important than ever to enact common sense legislation that allows parties to share information that will help them better understand how hackers gain access to their systems without worrying about frivolous lawsuits. Sharing information will also help companies improve their online security to better defend against outside attacks. PCI is pleased that each of these bills are heading in the right direction to enhance cyber defenses by facilitating cyber risk data sharing and we will continue to work with lawmakers to ensure PCNA and NCPAA are reconciled with one another and S. 754, the Cybersecurity Information Sharing Act (CISA) of 2015 and are ultimately enacted in the best form.”

  • 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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