All posts by PIFPAC

2020 Election Cycle

Elections matter, which is why PIFC takes the 2020 election cycle, and all elections so seriously.  After all, it was the 1988 election with Proposition 103 that led to the organization of the insurance industry around a political cause, and the eventual founding of PIFC.  The building blocks of political success are relationships with those who are successfully elected.  The open seats PIFC is focused on allow opportunity to get to know the candidates, one of whom will be elected to the State Assembly or State Senate.  This is an opportunity for PIFC to get in at the ground level to establish a lasting relationship with the victorious candidate.  This
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Changing Seats

State legislative seats often end up changing more frequently than current 12 year term limits.  An open State Senate or Assembly seat generally results in trickle down changes through the political ranks in the region where the open seat is.  For example, insurance broker and PIFC supported, Ted Gaines served as California State Senator to District 1, until Mr. Gaines was elected to the State Board of Equalization.  Constituents in Senate District 1 elected Brian Dahle to the Senate Seat, vacating the Assembly District Seat he was serving in.  Assembly District 1 is a solidly Republican seat, one of the most conservative in California encompassing vast stretches of Northern California
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2020 Pro-Active Efforts

For 2020, there are several issues PIFC will be pro-actively involved in:

California Consumer Privacy Act (CCPA)
Climate Change
Mobility Economy

The issue of privacy regulation is still unresolved. Industry-supported legislation to harmonize the California Consumer Privacy Act (CCPA) with existing federal and state insurance privacy rules stalled in 2019. Before commencing another legislative effort in 2020, industry will have an opportunity to participate in the Attorney General’s (AG) CCPA rulemaking that should commence in fall, 2019. At the PIFC Planning Retreat, representatives of both the California Department of Insurance (CDI) and the AG’s offices will be present to discuss next steps. PIFC will actively engage with the AG and CDI on regulation development
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2020 Political Goals

On the political front, PIFC is preparing for the 2020 election cycle. It comes early next year; the Legislature moved the primary to March, 2020 in order to position California to impact the presidential election. This means early candidate interviews and early funding decisions. Effective campaign activism aids in helping reasonable people get elected. If we leave elections to others, they will control election outcomes, and it is important we do not allow that to happen.

PIFPAC Board Members, staff, and member company representatives conducted several all-day candidate interview sessions in November.  PIFC staff is extraordinarily grateful for the support of, and engagement in, this process by the member companies and
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2019 Recap

Overall, this was a strong year for defensive efforts. In 2018, the insurance industry withstood over a dozen “wildfire” bill proposals focused on homeowners insurance. As expected in 2019, many legislators wished to continue skirmishing. After putting down early scares in the Assembly and Senate, the 2019 legislative session ended with some acceptable, incremental reform.

Fortunately, none of the far-reaching proposals from the Governor’s Strike Team report, the SB 901 Commission report or the Insurance Commissioner’s last-minute “wish list” of insurance reforms were enacted into law. However, with the growing number of non-renewals and the scarcity of carriers accepting new business in high-fire risk communities, we should expect challenges in 2020.
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NICB: Motorcycle Thefts Post Increase in 2016

Thefts up 2 percent from 2015

DES PLAINES, Ill., May 18, 2017 — The National Insurance Crime Bureau (NICB) today released a report on motorcycle thefts in the United States for 2016. A total of 46,467 motorcycles were reported stolen in 2016 compared with 45,555 reported stolen in 2015—an increase of 2 percent.

Although 2016 delivered another slight increase in motorcycle thefts, motorcycle thefts are down considerably since 2006. They have dropped from 66,774 in 2006 to 46,467 in 2016—a decline of 30 percent.

The top 10 states with the most reported motorcycles thefts in 2016 were California (7,506), Florida (4,482), Texas (3,692), South Carolina (2,057), North Carolina (1,847), New York (1,731), Indiana
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Air traffic control for drones is coming. Here’s how it could work

Samantha Masunaga, Los Angeles Times; May 11, 2017

By 2020, an estimated 7 million drones could be zipping around the country delivering packages, taking photos, inspecting infrastructure or conducting search and rescue missions.

But before that happens, they’ll need a system in place to avoid crashing into each other — or worse, passenger aircraft.

Dominic Hart/NASA Ames (Drone Co-Habitation Services operates a Phantom 3 commercial drone, one of 11 vehicles in a NASA field demonstration in Nevada.)

NASA, along with the Federal Aviation Administration and an extensive list of industry partners, has been researching the requirements needed to establish a drone traffic management system. This summer, some of those ideas will be tested in
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