Who’s Giving in Federal Politics

October 18, 2010

Top Insurance Contributors to Federal Candidates and Parties

Property/casualty insurance advocacy groups, including the Independent Insurance Agents & Brokers of America, the Council of Insurance Agents & Brokers and the Property Casualty Insurers Association of America again made the top 20 list for donations given to federal candidates and political parties in 2010. All three groups ranked in the top 20 in 2008, the last year that the Center for Responsive Politics, compiled such a list.

The numbers on the chart below are based on contributions from political action committees (PACs), soft money donors, and individuals giving $200 or more. Only those groups giving $5,000 or more are listed. Soft money applies only to cycles 1992-2002. In many cases, the organizations themselves did not donate; rather the money came from the organization’s PAC, its individual members or employees or owners, and those individuals’ immediate families. Organization totals include subsidiaries and affiliates.

All donations took place during the 2009-2010 election cycle and were released by the Federal Election Commission on Sept. 13, 2010.

For more information on political giving, visit: www.opensecrets.org.

Insurance: Top Contributors to Federal Candidates and Parties

Rank Organization Amount Dems Repubs
1 New York Life Insurance $1,753,446 59% 41%
2 AFLAC Inc. $1,661,950 46% 53%
3 Blue Cross/Blue Shield $1,387,621 47% 53%
4 Indep Insurance Agents & Brokers/America $984,250 35% 64%
5 Natl Assn/Insurance & Financial Advisors $838,949 51% 49%
6 USAA $797,942 42% 58%
7 Massachusetts Mutual Life Insurance $741,903 60% 40%
8 Northwestern Mutual $692,158 49% 51%
9 MetLife Inc. $684,332 54% 46%
10 Council of Insurance Agents & Brokers $658,554 53% 47%
11 Liberty Mutual Insurance $611,199 55% 45%
12 Travelers Cos. $605,930 46% 54%
13 National Association of Health Underwriters $570,200 31% 68%
14 Association for Advanced Life Underwriting $481,891 57% 43%
15 Property Casualty Insurers Assn./America $477,480 50% 50%
16 Genworth Financial $468,660 56% 44%
17 American Council of Life Insurers $423,071 58% 42%
18 Prudential Financial $405,210 80% 19%
19 Hartford Financial Services $377,190 53% 46%
20 Zurich Financial Services $350,644 36% 63%

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Insurance Journal West October 18, 2010
October 18, 2010
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