Big “I” Political Action Committee Raises More Than $1 Million in 2013
InsurPac closes 2013 books as largest property-casualty PAC.
WASHINGTON, D.C., Jan. 7, 2014 — The Independent Insurance Agents & Brokers of America (IIABA or the Big “I”) today announced that its political action committee (PAC), InsurPac, raised a total of $1,007,668 during the 2013 calendar year.
“Surpassing the one million dollar mark in one year is an important accomplishment for InsurPac,” says Robert Rusbuldt, Big “I” president and CEO. “The Big ‘I’ membership prides itself on political engagement and involvement, and the continued growth of InsurPac is further evidence of this commitment.”
In the 2012 election cycle, InsurPac distributed more than $1.8 million to senators, representatives and other candidates for federal office. Also in 2012, 84% of InsurPac-supported candidates won with 237 victories of the 282 races it supported.
“Largely due to the power of InsurPac, the Big ‘I’ continues to be one of the most well-respected business associations in Washington, D.C.” says Charles Symington, Big “I” senior vice president of external and government affairs. “InsurPac complements our advocacy efforts and is an excellent example of our members’ political and grassroots influence.”
In disbursing contributions, InsurPac does not look at party affiliation but supports representatives, senators, and candidates for federal office that have been advocates and supportive 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 approximately a quarter of a million 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.