WASHINGTON, D.C., Nov. 6, 2014 — The Independent Insurance Agents & Brokers of America (IIABA or the Big “I”) today announced that its political action committee, InsurPac, distributed more than $1.8 million in the 2014 campaign cycle resulting in a 93% congressional victory rate.
“InsurPac supported more Senate and House campaigns than ever before and we are pleased with the overall numbers,” says Robert Rusbuldt, Big “I” president and CEO. “Big ‘I’ independent agents and brokers have spoken loud and clear through InsurPac dollars leading to a strong victory rate for the PAC.”
In the 2014 election cycle, more than 5,000 independent agents and others have joined forces 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.
“The political power of the Big ‘I’, fueled by an active membership, bipartisan government affairs team and InsurPac, is highly regarded on Capitol Hill,” says Charles Symington, Big “I” senior vice president of external and government affairs. “InsurPac supported more Senate and House campaigns than ever before, and distributed a significant amount of money as the largest political action committee representing the independent agent and broker community. InsurPac distributed $1,836,169 in support of 292 races, winning at least 272 of them for an overall 93% victory rate.”
In disbursing contributions, InsurPac does not look at party affiliation but supports candidates for federal office including members of the U.S. Senate and House of Representatives who have been advocates and supporters of the independent agency system and small business.
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.