American Property Casualty Insurance Association reveals coronavirus focus

As the COVID-19 pandemic forces the closure of businesses throughout the US, the American Property Casualty Insurance Association (APCIA) has issued a statement saying that as a trade group representing P&C insurers, its members will continue to serve consumers in these difficult times. “During this unprecedented era, we remain focused on our promise to our customers — paying claims for motorists, injured workers, homeowners, renters, and businessowners,” said APCIA president and CEO David Sampson in a statement. Sampson added that many insurers are implementing contingency and continuity plans to protect their employees and reduce interrupted service to customers. Some companies have also implemented new flexible payment solutions for policyholders to help those customers experiencing financial stress in the face of the outbreak, the chief executive said.