National Association of Mutual Insurance Companies

The National Association of Mutual Insurance Companies (NAMIC) is the only U.S. trade association representing mutual property/casualty insurance companies. Since 1895, NAMIC has been serving its U.S. and Canadian members in areas of advocacy and education.^[1]

Today NAMIC’s 1,400 member companies represent 40 percent of the industry market share, accounting for 50 percent of the automobile/homeowners’ market and 31 percent of the business insurance market. Its membership is a diverse group that includes large national companies, including State Farm and Nationwide, as well as regional and state-based companies.^[2]

The association was incorporated in 1920 in Indianapolis, Indiana, where it is still located, but it also has a strong presence in Washington, D.C., where its federal affairs office is located just blocks from the Capitol. NAMIC’s lobbyists work on Capitol Hill and in every statehouse in the country, representing the interests of its members and the industry. NAMIC also provides services that assist member companies, state-based trade associations, and the industry at large through educational programs while increasing public awareness and understanding of the principles of insurance and the many contributions the property/casualty insurance industry makes to society.^[3]

References

1. ^ Wright, Janet; Virginia Wadsley, Janice Artandi (1994). The History of the National Association of Mutual Insurance Companies, A Century of Commitment, 1895-1995. Indianapolis, IN: National Association of Mutual Insurance Companies. pp. 21. 
2. ^ "NAMIC Website". NAMIC. http://www.namic.org. Retrieved 24 February 2011. 
3. ^ "NAMIC HISTORY". NAMIC. http://www.namic.org/about/history.asp. Retrieved 24 February 2011. 

External links

• NAMIC – National Association of Mutual Insurance Companies (NAMIC)