The American Insurance Association (AIA) and Property Casualty Insurers Association of America (PCI) announced they reached a merger agreement. The two insurance associations had announced in June they were discussing a merger.
The combined organization will be known as the American Property Casualty Insurance Association (APCI).
According to a statement released by Anthony J. Kuczinski, President and Chief Executive Officer of Munich Reinsurance America, Inc. and Chair of the Board of Directors of AIA and Pete McPartland, Chairman of the Board, President, and CEO of Sentry Insurance and Chair of the Board of Governors of PCI, “APCI will reflect the
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