American Property Casualty Insurance Association Issues Statement on U.S.-Japan Digital Trade Agreement

WASHINGTON, Sept. 26 -- The American Property Casualty Insurance Association issued the following statement by Vice President of International Dave Snyder regarding the signing of the U.S.-Japan agreement on digital trade:

"APCIA commends U.S. and Japanese negotiators for working to ensure an agreement includes data access and storage provisions, which are critically important to insurers and the services they provide to consumers.

"Access to and use of data are fundamental to insurance risk assessment, risk mitigation, and claims settlement.

"We look forward to reviewing the full text of the agreement.

"We urge U.S. and Japanese delegates to include comprehensive financial services trade commitments in the next stages of negotiations."

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The American Property Casualty Insurance Association (APCIA) is the primary national trade association for home, auto, and business insurers. APCIA promotes and protects the viability of private competition for the benefit of consumers and insurers, with a legacy dating back 150 years. APCIA members represent all sizes, structures, and regions--protecting families, communities, and businesses in the U.S. and across the globe.