04/21/2025 | Press release | Distributed by Public on 04/21/2025 18:43
SACRAMENTO Calif. - The following statement by the American Property Casualty Insurance Association (APCIA) is in response to litigation filed Saturday by two Los Angeles law firms. This statement can be attributed to Stef Zielezienski, APCIA chief legal officer.
"APCIA has been sounding alarm bells about the deteriorating conditions in the California property insurance market for years with government officials and in the press. APCIA has, in California and throughout the states, consistently opposed the creation and expansion of state property residual plans such as the California FAIR Plan. Insurers are ultimately on the hook for the liabilities of such plans. As an industry trade whose mission is to serve consumers by promoting healthy private competitive markets, APCIA has a right and an obligation to voice those concerns to government, protected by the Noerr-Pennington doctrine. APCIA fully complies with all applicable antitrust laws and has legal counsel monitoring every member call and meeting for that purpose. These suits defy logic, advance meritless claims, and we are going to focus on solving the challenges in the insurance market in California."