The Independent Insurance Agents & Brokers of America (IIABA or the Big “I”) said that its political action committee, InsurPac, distributed more than $1.7 million in the 2010 campaign cycle resulting in a 93 percent congressional victory rate.
“While the dust is still settling on campaign 2010, and our victory rate could actually increase as a few close races are tabulated, one thing is certain – just as the election was historic for our country, it was also historic for InsurPac,” said Robert Rusbuldt, Big “I” president and CEO. “Big ‘I’ independent agents have spoken loud and clear through InsurPac dollars.”
In the 2010 election cycle, more than 5,000 independent agents supported InsurPac with personal, voluntary contributions, according to Rusbuldt. InsurPac distributes to federal campaigns and has a bipartisan track record.
“InsurPac supported more House and Senate campaigns than ever before, and distributed a record amount of money as the largest political action committee representing the property and casualty insurance market,” said Charles Symington, Big “I” senior vice president of government affairs.
Symington said InsurPac distributed $1,722,750 in support of 265 races, winning at least 247 of them for an amazing 93 percent victory rate.
He said that in disbursing contributions, InsurPac does not look at party affiliation but supports U.S. congressmen, senators, and candidates for federal office who have been advocates and supporters of the independent agency system.
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