Wednesday, May 16th, 2007 — The Property Casualty Insurers Association of America (PCI) today unveiled the results of an independent study on the potential economic impact of property insurance reforms enacted during the 2007 January Special Session on taxpayers, consumers and the state’s economic stability. The report, prepared by Milliman, Inc. (Milliman) and commissioned by PCI, found that the new law provides immediate savings for homeowners by shifting potential payments for hurricane losses from the homeowners receiving the current policy benefits to future policyholders, motorists and business owners.