Independent Insurance Agents & Brokers of America (IIABA) is a national association of independent insurance agents.

The national association is headquartered in Alexandria, Virginia and has affiliate offices in every state and the District of Columbia.[1]

History

The association was founded in 1896 as the National Association of Local Fire Insurance Agents. In 1913, the organization changed its name to the National Association of Insurance Agents when it expanded to include property-casualty business and coverages. The name was changed again in 1975 to the Independent Insurance Agents of America. In 2002, the association became the Independent Insurance Agents & Brokers of America (IIABA or the Big "I") to encompass the group's entire membership of independent insurance agents and brokers. Robert Rusbuldt is the current Big "I" president & CEO.

Lobbying efforts

The IIABA has spent more than $1 million in 2010 in lobbying efforts on federal crop insurance, insurance licensing reform, and other insurance issues.[2]

The IIABA supported the National Association of Registered Agents and Brokers Reform Act of 2013 (H.R. 1155; 113th Congress), a bill which would reduce the regulatory costs of complying with multiple states' requirements for insurance companies, making it easier for the same company to operate in multiple states.[3][4]

References

  1. ↑ "Map of IIABA Locations". Independent Insurance Agents & Brokers of America, Inc. Archived from the original on 2010-12-29. Retrieved 2011-01-05.
  2. ↑ "Indep Insurance Agents & Brokers/America". OpenSecrets. Retrieved 2011-01-05.
  3. ↑ Kasperowicz, Pete (10 September 2013). "House votes to streamline cross-state insurance sales". The Hill. Retrieved 11 September 2013.
  4. ↑ Postal, Arthur D. "NARAB II Bill Passes in the House". Property Casualty 360. Retrieved 11 September 2013.
This article is issued from Wikipedia. The text is licensed under Creative Commons - Attribution - Sharealike. Additional terms may apply for the media files.