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State PAC
Federal PAC
About InsurPAC
Contributors
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SC State:
IIABSC Public Affairs Committee
IIABSC Public Affairs Committee (PAC) contributions are used to maintain communications with State legislators and are exclusively funded by the IIABSC membership. The association represents its members day to day in Columbia and our political action activity is important in maintaining relationships with the South Carolina General Assembly in behalf of all members.
Contributions to the IIABSC Public Affairs Committee can be made by personal or corporate check and should be sent to IIABSC Public Affairs Committee, PO Box 210008, Columbia, SC 29221.
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About InsurPAC:
Lobbying without InsurPac would be like Batman without Robin, Laverne without Shirley or "CPC" without "U." It would be virtually impossible to separate InsurPac from IIABA's lobbying strategy. InsurPac is not a goal unto itself; it's a means to the end of furthering agent's issues on the Hill.
 InsurPac raises funds by asking for voluntary personal contributions from independent agents and brokers throughout the country. By pooling these monies together, InsurPac helps elect candidates and re-elect members of the U.S. Congress who share IIABA's business philosophy.
Why is it important for InsurPac to financially support members of Congress? The reasons are clear: Attention, access, getting our foot in the door. While contributions do not buy solutions to legislative debates, they do allow members of IIABA's government affairs team significant face time with elected officials. Through InsurPac, IIABA is allowed the opportunity to educate these members and develop working relationships with them. Lobbying and a well-funded PAC go hand in hand.
Never-ending issues
While the insurance industry is state regulated, and agents and brokers want to maintain this system of regulation, it is the U.S. Congress that will make that decision, as well as many other practical decisions that affect our industry. Federal regulation of insurance, tort issues, medical malpractice reform, asbestos reform, tax issues (including the depreciation of expirations), terrorism insurance, the crop program, flood insurance, agency licensing, speed to market reform, new privacy proposals and regulations for companies and agencies, the USA Patriot Act, expanding risk retention groups to include property, natural disaster reform, COLI, the tax treatment of life insurance products, health insurance reform, and much more are all issues that are being discussed in Congress.
InsurPac is going to bat for independent agents on a daily basis, working to protect their livelihoods. However these efforts are made more difficult because it is being outspent by major competitors in the financial services world.
Without more immediate support from agents and brokers, InsurPac will struggle to have impact in Washington and throughout the country. Independent agents have the power to make a difference, but only if they get involved.
For more information on InsurPac, contact Nathan Riedel, IIABA's Political Director.
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