(WASHINGTON, D.C., Nov. 7, 2008) — The Independent Insurance Agents & Brokers of America (the Big “I”) today announced that its political action committee, InsurPac, distributed more than $1.6 million in the 2008 campaign cycle resulting in a 92% congressional victory rate.
“While the dust is still settling on campaign 2008, and our victory rate could actually increase a bit, one thing is certain – just as the election was historic for our nation, it was also historic for InsurPac,” says Robert Rusbuldt, Big “I” president and CEO.
“InsurPac supported more House and Senate campaigns than ever before, and distributed a record amount of money to become the largest political action committee representing property and casualty insurance interests,” says Nathan Riedel, Big “I” vice president for political affairs.
“InsurPac distributed $1,631,500 in support of 241 races, winning 222 of them for an amazing 92% victory rate,” continues Riedel. 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 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.