American Property Casualty Insurance Association
  • Staff Contact: Eileen Gilligan     
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  • FOR RELEASE ON RECEIPT
  • June 8, 2016
  • PCI Applauds Senate Hearing on Implementation of FAST Act
  • WASHINGTON — Nat Wienecke, senior vice president, federal government relations at the Property Casualty Insurers Association of America (PCI) issued the following statement applauding the Senate Committee on Commerce, Science, and Transportation for holding a hearing today titled “Implementation of the FAST Act.”

    “PCI applauds Senator Thune and the Senate Committee on Commerce, Science, and Transportation for holding this important hearing and addressing the implementation of the Fixing America’s Surface Transportation (FAST) Act (H.R. 22),” said Wienecke. “Safety on the roads is a top issue for auto insurers and road fatalities are on the rise in the United States. There are several factors that maybe be contributing to the rise in accidents including traffic congestion, distracted driving, alcohol and drug impaired driving, and poor road surfaces and bridges. Passing the Fast Act, H.R. 22 was an excellent start to addressing these concerns, but Congress must provide oversight to ensure that the provisions are properly implemented.”

    The FAST Act includes a number of important initiatives aimed to reduce distracted driving and increase seat belt usage. The FAST Act also directs the U.S. Department of Transportation to establish driving impairment and roadside testing standards for marijuana and increase public education of the dangers of drug-impaired driving.

    “While safety is our top priority, data also highlights that the insurance claims costs associated with accidents are becoming more expensive and this trend could increase insurance costs for consumers,” continued Wienecke.

    “PCI urges Congress to direct Secretary Foxx to implement promptly the provisions of the FAST Act, including the marijuana-impaired driving study,” concluded Wienecke.

  • 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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