The National Association of Mutual Insurance Companies is the largest and most diverse national property/casualty insurance trade and political advocacy association in the United States.
“We are a full-service trade association for property casualty insurance companies,” says Paul Tetrault, NAMIC’s state affairs manager for the Northeast Region. “Our mission is to serve our member companies and one of our primary things is advocacy, working on legislation and regulation on both the state and federal level.”
NAMIC’s 1,400 member companies write all lines of property/casualty insurance business and include small, single-state, regional, and national carriers accounting for half of the automobile/ homeowners market and nearly a third of the business insurance market.
A Look Back
The National Association of Mutual Insurance Companies was founded in 1895 by a group of farmers in Iowa who first had formed their own mutual insurance companies for the purpose of creating better insurance coverage for their farms at lower prices.
“From there they decided a national association of mutual insurance companies would help promote and build the mutual model,” says Brent Bahler, vice president of public affairs for NAMIC. “The great-grandson of one of those founders still runs the farm mutual company in Iowa, and is active in the association established by his great-grandfather.”