PCI Opposes HB 80; Could Lead to Higher Costs for Delaware Consumers
CHICAGO - Today the Delaware House Insurance Committee is scheduled to hear HB 80, which adds unnecessary regulations that could lead to higher automobile insurance costs for many consumers. The Property Casualty Insurers Association of America opposes the bill and the following statement can be attributed to regarding PCI’s Director, Personal Lines Policy Alex Hageli. “When purchasing insurance coverage, consumers want a fair price that relates to the likelihood they will have an accident or file a claim. However, the restrictions contained in HB 80 would eliminate many of the tools