American Property Casualty Insurance Association
  • Staff Contact: Brooke Kelley     
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  • FOR RELEASE ON RECEIPT
  • February 9, 2016
  • PCI Statement on Senate Judiciary Committee Passing Rideshare Legislation
  • TALLAHASSEE, Fla. - Logan McFaddin, state government relations regional manager for the Property Casualty Insurers Association of America (PCI), issued the following statement in response to the Senate Judiciary Committee passing of Senate Bill 1118.

    “PCI and our members support most of the provisions provided for in Senate Bill 1118 and our goal is to arrive at a solution that protects the public with reasonable insurance requirements for Transportation Network Company (TNC) drivers from the time the app is turned on to the time the app is turned off. Currently in Florida there is a gray area regarding coverage that could leave drivers and passengers at financial risk if there were an accident. Personal auto insurance policies are not intended for commercial use and will not cover damages if it’s determined the driver was using their vehicle for hire. Transportation network company drivers need to know that if they are operating under their personal auto insurance policy, they might not have the proper insurance coverage in place to protect them.

    “PCI thanks the Senate Judiciary Committee for taking action on this critical issue and we look forward to working with members of the legislature to ensure vehicles used in TNC services are properly insured, the public is protected and innovation is able to thrive.”

  • 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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