Posted on 04 Nov 2010
The Independent Insurance Agents & Brokers of America (IIABA or the Big “I”) today announced that its political action committee, InsurPac, distributed more than $1.7 million in the 2010 campaign cycle resulting in a 93% congressional victory rate.
“While the dust is still settling on campaign 2010, and our victory rate could actually increase as a few close races are tabulated, one thing is certain – just as the election was historic for our country, it was also historic for InsurPac,” says Robert Rusbuldt, Big “I” president and CEO. “Big ‘I’ independent agents have spoken loud and clear through InsurPac dollars.”
In the 2010 election cycle, more than 5,000 independent agents came together to support InsurPac with personal, voluntary contributions. InsurPac distributes 100% of its voluntary agent contributions to federal campaigns and, as a result, has an impressive bipartisan track record in Congress and on the campaign trail.
“InsurPac supported more House and Senate campaigns than ever before, and distributed a record amount of money as the largest political action committee representing the property and casualty insurance market,” says Charles Symington, Big “I” senior vice president of government affairs.
“InsurPac distributed $1,722,750 in support of 265 races, winning at least 247 of them for an amazing 93% victory rate.”
In disbursing contributions, InsurPac does not look at party affiliation but supports U.S. congressmen, senators, and candidates for federal office who have been advocates and supporters of the independent agency system.
Founded in 1896, the Big “I” is the nation’s oldest and largest national association of independent insurance agents and brokers, representing a network of more than 300,000 agents, brokers and their employees nationally. Its members are businesses that offer customers a choice of policies from a variety of insurance companies. Independent agents and brokers offer all lines of insurance—property, casualty, life, health, employee benefit plans and retirement products. Web address: www.independentagent.com.