Washington, D.C. (PRWEB) September 20, 2016
Leigh Ann Pusey, president and CEO of the American Insurance Association (AIA), issued the following statement in response to the Department of Transportation's guidance release, "Federal Automated Vehicle Policy":
"The AIA applauds the focus on safety in the Federal Automated Vehicles Policy released yesterday. We strongly support the twin goals of fostering innovation in automated vehicles and the fundamental need to protect the American people.
"In addition, we agree that clear insurance rules and efficient liability systems will be critical components in the transition to a modern transit system. We look forward to continued engagement with the Administration, the states and other stakeholders on these important issues."
Celebrating its 150th year in 2016, the American Insurance Association (AIA) is the leading property-casualty insurance trade organization, representing approximately 350 insurers that write more than $140 billion in premiums each year. AIA member companies offer all types of property - casualty insurance, including personal and commercial auto insurance, commercial property and liability coverage for small businesses, workers' compensation, homeowners' insurance, medical malpractice coverage, and product liability insurance.