Still Have Questions?
Vice President of Federal and Political Affairs
Small Mutual Inflation Update [F]
NAMIC strongly supports H.R. 2198, the Small Mutual Inflation Update, which changes Internal Revenue Code Section 831(b)(2) to reflect the inflationary impact since its enactment 26 years ago. There are many small property/casualty insurers organized as mutual companies, originally formed to offer insurance coverage to specific groups, often in rural areas. This expansion will help such small mutual companies offer more coverage to consumers.
Posted: Monday, July 09, 2012 1:37:34 PM. Modified: Wednesday, May 27, 2015 3:53:00 PM.
317.875.5250 - Indianapolis | 202.628.1558 - Washington, D.C.
© Copyright 2015, National Association of Mutual Insurance Companies (NAMIC). By using this website, you agree to the terms of our visitor agreement.