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Members of the Wholesale & Specialty Insurance Association (WSIA) contributed a record $178,845 to the PAC in 2019. Those contributions came from 347 individual contributors and exceeded the previous record, set just one year before, by almost $37,000.

Despite the unexpected twists that have arisen from the current COVID-19 pandemic, WSIA PAC’s leaders say it’s as important as it has ever been for WSIA members to support the PAC in any way that they can.

“We could not have envisioned the current global situation when we set our plans in place for 2020, but our goal for the PAC hasn’t changed,” says Phillip McCrorie, WSIA PAC Committee chair, and president of RSUI. “We need to continue to press forward in support of the PAC because of the legislative and regulatory issues that have arisen out of the pandemic and because we’re in an election year. Our need to educate new lawmakers continues and is actually enhanced right now.”

Since its inception in 2005, the importance of WSIA’s PAC has grown, and it is a key element of the WSIA advocacy strategy. The PAC helps the association educate members of Congress about the importance and impact of the wholesale, specialty and surplus lines industry on the nation’s economy. The PAC also offers an influential voice on the industry’s complex insurance issues and can offer financial support to candidates whose philosophies are consistent with the goals of WSIA and its members.

Please enjoy the full article below;

https://www.propertycasualty360.com/2020/09/11/insurance-industry-call-to-educate-lawmakers-remains-urgent/?ref=insurancedailynews