InsurPac is the Political
Action Committee (PAC) of the Independent Insurance Agents & Brokers of
America (IIABA). It was established in 1975 to complement IIABA's legislative
program, and has since become the largest property-casualty insurance industry
PAC in the country. InsurPac is one of the reasons the Big "I" is
routinely rated in Fortune magazine's top-25 list of most successful lobbying
groups in Washington, D.C.
In the most recent election, InsurPac distributed $1,911,500, supporting 228 federal campaigns, winning 210 of them for a 92% victory rate. Because InsurPac is so large, it is able to carry over a healthy balance each election cycle and “hit the ground running” with each new respective Congress. Opinions on issues are being shaped every day and we must continue to have a seat at the table to educate Members of Congress. That seat at the table is made possible, largely due to InsurPac. It is the largest federal PAC for independent agents.
federal government exercises more and more power over small business, the
future of our industry becomes greatly dependent upon our ability to become
engaged in the federal political process. The U.S. Congress regularly
considers legislation that directly affects the livelihood of independent
agents – from taxes, healthcare, and flood insurance to the overhaul of the
insurance regulatory system. We are fortunate to have a strong federal
government affairs team working for us through our membership in the
Independent Insurance Agents & Brokers of America (IIABA). However,
they can’t do it alone. It is vital that we, as small business owners and
agents, play an active role in shaping the public policy debate and ultimately
the laws that come out of Washington, D.C.
constant dialogue with Members of Congress and participation in numerous
fundraising events, our federal government affairs staff has forged strong
relationships with many influential policymakers and key congressional
staff. That has been made possible in large part due to InsurPac, our
federal political action committee. It solicits voluntary, personal
contributions from agents throughout the country, and then distributes 100% of
that money to Congressmen, Senators and candidates for federal office who
support small business and the independent agency system. Fortunately
InsurPac is one of the largest federal PACs in the insurance industry, and is
by far the largest property-casualty agent PAC.