NAMIC Annual Report


2020 YEAR IN REVIEW

A global pandemic, a highly contested presidential election, and a record–breaking year of storms were the hallmarks of 2020. An unusual year to say the least, and one that has had a lasting impact. Certainly, the property/casualty insurance industry felt the brunt along with many other sectors, as 2020 brought an onslaught of new legislative, regulatory, legal, and reputational threats. Yet through it all, and as it has done for more than 125 years, NAMIC stepped up to defend and protect its membership, while promoting the benefits of mutuality.

While 2020 was a year whose chaos and tragedy we are all eager to forget, even during such difficult times, NAMIC continued its work to make the collective voice of the membership heard.

This short video will provide some highlights of NAMIC’s work on your behalf in 2020:

On a financial note, despite facing many challenges arising from the COVID–19 pandemic, NAMIC ended the year strong, as illustrated in the infographic shown below.

NAMIC 2020 Financial Info