NAMIC Political Action Committee (PAC)
NAMIC PAC is one of the largest property/casualty corporate trade association political action committees (PAC) in America. NAMIC PAC exists so NAMIC members and eligible employees can play a vital role in the political process and help shape legislation affecting our industry and your bottom line.
WHAT IS NAMIC PAC?
NAMIC PAC is a federal political action committee (PAC) and is 100 percent funded by voluntary eligible employee and member contributions. The PAC allows NAMIC employees and members to pool their political contributions and support candidates on both sides of the aisle who support the property/casualty insurance industry. NAMIC PAC unifies the voice of the mutual property/casualty insurance industry to support insurance-friendly state and federal candidates who advocate for open markets and freedom from unnecessary regulation, burdensome litigation, bad faith initiatives and onerous taxation.
WHY DOES NAMIC NEED NAMIC PAC?
Federal law prohibits corporate and trade association contributions to federal candidates and similar prohibitions exist in many states. NAMIC PAC is our only avenue to financially support champions of our industry at the federal level and in many state houses. NAMIC uses this employee and member funded vehicle to inform, educate, update and elect candidates for political office.
WHY SHOULD I GIVE TO NAMIC PAC?
The trial bar and the labor unions will continue to flex their political muscle, and if we do not continue to strengthen our political arm in Washington and the state capitols, our message is at risk of being drowned-out. Now is not the time to maintain the status quo, now is the time to become more involved than ever. The future success of your business and our industry are dependent on even more successful political involvement – because it works, and it matters.
HOW ARE CONTRIBUTIONS TO CANDIDATES DETERMINED?
NAMIC PAC is governed by a Board of Trustees comprised of a range of senior executives from large and small mutual companies that represent the scope of NAMIC’s diverse membership. Trustees discuss important legislative issues facing NAMIC membership, as well as oversee all PAC contributions and fundraising efforts. NAMIC pays all administrative and solicitation costs for NAMIC PAC – so 100 percent of NAMIC PAC contributions go directly to supporting industry-friendly candidates.
HOW MUCH SHOULD I GIVE TO NAMIC PAC?
Whether you’re new to NAMIC PAC or updating your annual giving this year, a set of five suggested contribution levels is provided for your convenience. NAMIC PAC needs your help to protect what’s most important – your company and your policyholders – and to show that NAMIC members remain committed to seeing real change in Washington. With your support, NAMIC PAC will continue to be a powerful voice for you – so lawmakers will know that when we speak, they must listen. Keep in mind, small contribution amounts from many people add up to help our success.
For more information on those giving levels and the level of recognition given in honor of those contributions, please contact Jimi Grande at jgrande@namic.org.
