National Association of Mutual Insurance Companies (namic) News

Comparing Mutual to Stock Insurers Is Like Comparing Marathoners to Sprinters

A.M. Best’s recently released 2015 “Mutuals at a Glance” report is an interesting report on differences between mutual and stock companies in key areas of performance. In its pages is a depiction of a mutual insurance industry that is strong, …

Fairmont Farmers Mutual’s Stueven Assumes NAMIC Chairmanship

Paul Stueven, chief operating officer and treasurer of Fairmont Farmers Mutual Insurance Co. of Fairmont, Minn., today assumed the chairmanship of the National Association of Mutual Insurance Companies (NAMIC) at the organization’s annual meeting in San Diego. Stueven has worked …

Insurers Disappointed as Supreme Court Backs Disparate Impact Claims

The U.S. Supreme Court said people who file housing-discrimination suits don’t have to show they were victims of intentional bias, in a blow to lenders and insurers and a surprise legal victory for the Obama administration. The 5-4 ruling upholds …

Insurers Win Case to Kill HUD Disparate Impact Rule

Property/casualty insurer trade groups won a court victory Monday when a federal judge ruled in their favor that the U.S. Fair Housing Act does not prohibit housing practices including the pricing of homeowners insurance that have a disparate impact on …

Wisconsin’s Nygren Receives NAMIC’s State Legislator of Year Award

The National Association of Mutual Insurance Companies (NAMIC) presented its State Legislator of the Year Award to Wisconsin state Rep. John Nygren for his support of free-market principles and strong positions to improve the insurance market in the state. The …