National Association of Mutual Insurance Companies News

Mutual Insurer Group NAMIC Names Merchants Mutual’s Zak as Chair

The National Association of Mutual Insurance Companies welcomed its new chairman – Robert Zak, president and chief executive officer of Merchants Mutual Insurance Co. – this week during its all-virtual 125th annual convention. Zak, a 35-year mutual insurance industry veteran, …

P/C Insurers Back a Federal Pandemic Loss Fund But Not a Backstop Like TRIA

Property/casualty insurance carrier groups are developing a proposal for a federal program to replace revenues lost by businesses shut down during pandemics like COVID-19, but their program won’t be modeled after the Terrorism Risk Insurance Act as some have urged. …

NAMIC Applauds Repeal of Illinois Workers’ Comp Expansion Rules

In a statement released by the National Association of Mutual Insurance Companies, Andrew Perkins, NAMIC regional vice president – Great Lakes, applauded the Illinois Workers’ Compensation Commission’s reversal on emergency rules that would have greatly expanded workers’ comp benefits in …

Insurers Oppose Premium Tax to Fund Washington’s Wildfire Prevention

Lobbyists for the property/casualty insurance industry are trying to prevent a $125 million jump in the state of Washington’s insurance premium tax that would fund wildfire prevention and suppression. The tax would affect home, auto and business insurance in an …

Insurers Urge Focus on Safety and Data Sharing in Autonomous Vehicles

While automated driving systems hold great promise to save lives and reduce crashes, the focus must remain on validating the safety of the technology every step of the way, according to the National Association of Mutual Insurance Companies (NAMIC). Fundamental …

California Commissioner Doing Battle with Insurers over Wildfire Bills

California Insurance Commissioner Dave Jones appears to be poised for a fight with the insurance industry over a legislative package supports say will protect survivors of last year’s wildfires that struck in the fall. Jones is rallying with state Senators …

NAMIC Names Illinois’ Sen. Haine a State Legislator of the Year for 2017

The National Association of Mutual Insurance Companies has named Illinois state Sen. Bill Haine as one of two State Legislators of the Year for 2017. Arkansas state Sen. Jason Rapert also was honored with the award. Haine is the assistant …

Arkansas’ Sen. Rapert Named a NAMIC State Legislator of the Year for 2017

The National Association of Mutual Insurance Companies has named Arkansas state Sen. Jason Rapert as one of two State Legislators of the Year for 2017. Illinois state Sen. Bill Haine also was honored with the award. Rapert currently serves as …

Minnesota Rep. Paulsen Named NAMIC Federal Legislator of the Year

The National Association of Mutual Insurance Companies named Rep. Erik Paulsen, R-Minn., as the association’s Federal Legislator of the Year for his work to win passage of the Small Mutual Inflation Update. Paulsen was recognized for his work to include …

Ohio State Sen. Hackett Named NAMIC’s 2016 State Legislator of the Year

The National Association of Mutual Insurance Companies announced today that Ohio state Sen. Bob Hackett has been named the association’s State Legislator of the Year. Hackett was tapped as the top state legislator for 2016 for his leadership in sponsoring …