NAMIC PAC provides the opportunity for NAMIC members interested in the future of the property/casualty insurance industry to contribute to the support of worthy candidates for federal and state office who believe, and have demonstrated their beliefs in, free enterprise and other principles to which this industry is dedicated.
NAMIC PAC is a federal Political Action Committee (PAC). A PAC enables employees or members of groups – such as NAMIC – to pool their political contributions and support candidates who will help the organization achieve its legislative objectives. 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, free from unnecessary regulation, burdensome litigation, and onerous taxation.
Federal law prohibits corporate contributions to candidates for federal office (state laws vary on the use of corporate contributions to support state level candidates). Your personal contribution to NAMIC PAC creates NAMIC ’s only opportunity to provide financial support to political candidates. NAMIC also needs NAMIC PAC to compete with special interest groups that contribute millions of dollars annually to promote laws that will adversely affect your company at the state, federal, and even international levels.
Every day, elected officials – at all levels – make decisions that impact your policyholders, your employees, and your bottom line. Insurers need a voice. NAMIC PAC is one of the best vehicles that you can use to participate in the political process. The PAC gives you and your company the chance to join your voice with thousands of other insurance professionals, so that lawmakers fully understand the important issues facing NAMIC members in their districts, their states, and across the country – and will stand up to protect us.
NAMIC PAC is governed by a Board of Trustees comprised of a range of top executives from large and small 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.
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.