House Committee on Government Accountability Passes Rideshare Legislation

TALLAHASSEE, Fla., Feb. 21 -- The Property Casualty Insurers Association of America issued the following news release:

Logan McFaddin, state government relations regional manager for the Property Casualty Insurers Association of America (PCI), today issued the following statement in response to the House Committee on Government Accountability moving forward with House Bill 221, otherwise known as the rideshare bill.

"PCI commends the committee and Representative Chris Sprowls for acknowledging insurance gaps when a driver is engaged in rideshare activity. PCI and our members strongly support making sure rideshare drivers and their passengers are protected from the time the driver turns the app on until the time the app is turned off.

"This is yet another critical step in making sure rideshare drivers have adequate insurance coverage if an accident were to occur. PCI and our members have been out front on this issue in Florida and other states and will remain engaged in working on a responsible solution that protects all Floridians. Model legislation has already passed in 43 states, and it's time for Florida to do the same.

"Our top priority is to protect drivers and the public by closing the insurance gaps and this bill now accomplishes that goal. PCI looks forward to continued dialogue to ensure the coverage gaps that leave consumers at risk are closed."

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 $202 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, 27 percent of the homeowners market, 33 percent of the commercial property and liability market and 34 percent of the private workers compensation market.

[Category: Insurance]

22KumarA-5783499 22KumarA