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P&C - property and casualty
P&I - protection and indemnity (insurance)
P2P - peer-to-peer insurance
P3 - public-private partnership
PA - particular average
PA - predictive analytics
PAAS - Premium Audit Advisory Service
PAC - political action committee
PAIU - Professional Association of Insurance Underwriters
PAP - personal auto policy
PAR - preadmission review
PARMA - Public Agency Risk Managers Association
PAS - premium allocation system
PBGC - Pension Benefits Guaranty Corporation
PC - professional corporation
PCAOB - Public Company Accounting Oversight Board
PCB - polychlorinated biphenyl
PCC - protected cell captive
PCI - Property Casualty Insurers of America
PCIDSS - Payment Card Industry Data Security Standards
PCIP - partner controlled insurance program
PCLA - Property Claim Law Associate
PCLS - Property Claim Law Specialist
PD - property damage
PDA - Pregnancy Discrimination Act of 1978
PDL - personal director liability (insurance)
PE - professional engineer
PEBB - public employee blanket bond
PEO - professional employer organization
PERT - Performance, Evaluation, and Review Technique
PFIC - passive foreign investment company
PI - personal injury
PIA - primary insurance account
PIA - Professional Insurance Agents (association)
PIAA - Physician Insurers Association of America
PICA - Professional Insurance Communicators of America
PII - personally identifiable information
PIP - personal injury protection
PIPEDA - Personal Information Protection and Electronic Documents Act of 2000
PIPSO - Property Insurance Plans Service Office
PL - professional liability
PLC - pre-loss condition
PLE - primary loss expectancy
PLL - pollution legal liability (insurance)
PLR - primary loss retention
PLRB - Property Loss Research Bureau
PLUS - Professional Liability Underwriting Society
PMA - package modification adjustment
PMF - package modification factor
PMI - private mortgage insurance