Formed in 1974 , InsurPac , the Big I ’ s federal political action committee ( PAC ) is one of the largest small business PACs in the country and the most recognized PAC in the insurance industry .
How Does InsurPac Work ?
Agents , brokers and carrier partners protect their business by contributing to InsurPac .
$$ is distributed to U . S . Representatives , Senators and candidates seeking federal office who are supportive of the IA system and small business in general .
PROTECT . PROMOTE . PERPETUATE
Those relationships help open doors to advocate for or against legislation that directly impacts the IA system .
InsurPac allows our federal lobbyists to consistently attend fundraising events on Capitol Hill . At each of these events they develop relationships with members of Congress and their staffs .
Recent Victories
The Big “ I ” successfully defended important tax policies from attempts by the current Administration and Congress to overturn them . These tax policies include maintaining the current tax rates for S-corps and C- corps , keeping the 20 % small business tax deduction intact , and preventing an increase in the capital gains tax .
The Big “ I ” was one of the only small business groups to successfully secure an exemption , legislatively and regulatorily , for its members from reporting beneficial ownership to the Treasury Department ’ s Financial Crimes Enforcement Network ( FinCEN ).
The Big “ I ” has successfully advocated for the extension of the National Flood Insurance Program ( NFIP ) on numerous occasions over the last several years .
During the most recent election InsurPac disbursed $ 1,911,500 to a total of 228 federal campaigns , winning 210 of them to chart a 92 % victory rate .
Strength In Numbers
InsurPac speaks as a collective voice for thousands of donors whose contributions directly to federal campaigns might go otherwise unnoticed .
How Can I Contribute ? 1 . Make a donation online at insurpac . com / donate 2 . Make a check payable to InsurPac and mail to 20 F . St . NW , Washington , D . C ., 20001
Over 3,445 independent agents and brokers contributed a total of $ 1,269,794.59 in 2022 .