INDIANAPOLIS, INDIANA (August 1, 2005) – The board of directors of The National Association of Mutual Insurance Companies (NAMIC) welcomed eight new members during the board’s quarterly meeting in Little Rock, Ark.
“These new members are truly reflective of NAMIC’s membership in that they represent a broad and diverse spectrum of our industry,” said Bart Anderson, senior vice president of member services and communications. He continued, “Companies join NAMIC for a variety of reasons and this group is no different. They cited NAMIC’s effective advocacy efforts, leadership shaping public policy and the value the of the association’s educational programs among their reasons for membership.”
NAMIC welcomed the following new members at its quarterly board meeting:
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Founded in 1895, NAMIC is a full-service national trade association with more than 1,400 member companies that underwrite 43 percent ($196 billion) of the property/casualty insurance premium in the United States. NAMIC members account for 44 percent of the homeowners market, 38 percent of the automobile market, 39 percent of the workers’ compensation market, and 31 percent of the commercial property and liability market. NAMIC benefits member companies through advocacy, public policy and member services. Information about the association, its member companies and the property/casualty insurance industry can be found at NAMIC Online. www.namic.org.