American Property Casualty Insurance Association
  • Staff Contact: Brooke Kelley     
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  • FOR RELEASE ON RECEIPT
  • January 27, 2016
  • PCI Commends the Florida House of Representatives for Passing Critical Legislation Closing Insurance Gaps
  • TALLAHASSEE, Fla. - The Property Casualty Insurers Association of America (PCI) applauds the Florida House of Representatives for voting in favor of House Bill 509. The following statement can be attributed to Logan McFaddin, PCI’s Regional Manager for State Government Relations.

    “Today the Florida House of Representatives did the right thing for consumers by passing House Bill 509, which requires Transportation Network Company (TNC) drivers to have adequate insurance coverage from the time the rideshare app is turned on until the app is turned off, with an overwhelming supportive 108-10 vote count. Many rideshare drivers operate under their personal auto insurance policy, which will not cover them if they are in an accident while using their vehicle for hire. House Bill 509 brings much-needed clarity and consistency to insurance coverage requirements for TNC drivers in Florida and strikes the right balance between protecting consumers and support innovation.

    “House Bill 509 is similar to model legislation that was agreed upon by the insurance industry and TNCs last year, and has been passed in some form by 29 other states. The model legislation is meant to ensure that whenever a TNC driver is in an accident, there is certainty regarding who is responsible for the insurance coverage so that medical claims are paid quickly, vehicles are fixed and all parties can quickly move on with their lives. PCI thanks Representative Matt Gaetz for his leadership on this issue and we encourage the Florida Senate to support this critical legislation.”

    Logan McFaddin is available to speak with interested media. 

  • 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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