INDIANAPOLIS (Sept. 19, 2011) – The National Association of Mutual Insurance Companies (NAMIC) presented the Federal Legislator of the Year Award today to U.S. Rep. Judy Biggert, R-Ill., at its annual convention in Indianapolis.
“Representative Biggert is a well-respected member of the House Financial Services Committee, where she has long taken a leadership role on many insurance issues,” said Charles M. Chamness, NAMIC’s president and CEO. “Her experience as a legislator, lawyer, community leader, and small business owner gives her valuable perspective as she represents the suburban Chicago area, which she has been serving since 1998.”
Biggert currently serves as chairman of the House Financial Services Subcommittee on Insurance, Housing and Community Opportunity that has direct jurisdiction over insurance issues. In her role on the committee she has focused on fiscal responsibility and sound economic principles. In addition, she was voted by her peers as one of the 10 most bipartisan Republican members of the House.
“Representative Biggert has a great understanding and appreciation of the property/casualty insurance industry. She has been a strong opponent of proposals calling for an optional federal charter and has publicly stated that the debate over increased federal regulation of insurance is dead so long as she chairs the insurance subcommittee,” Chamness said. “Importantly, last Congress, during debate on the creation of a Federal Insurance Office in the Dodd-Frank bill, Representative Biggert was the key Republican negotiator insisting that the office have no regulatory authority.”
The NAMIC Legislator of the Year Award is a statuette of Benjamin Franklin, who founded the first successful mutual insurance company in America more than 250 years ago. That company, the Philadelphia Contributionship for Insurance of Houses from Loss by Fire, is still thriving as The Contributionship Companies and remains a NAMIC member today.
“As an organization of mutual insurers, we understand what serving the people means,” Chamness said, “and that’s why NAMIC is proud to have Judy Biggert as our Federal Legislator of the Year.”
Contact: Brent Bahler
Vice President of Public Affairs
Posted: Wednesday, September 21, 2011 1:12:11 PM. Modified: Thursday, October 06, 2011 5:16:49 PM.
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