National Association of Mutual Insurance Companies News

Insurers Support Federal Backstop for Future Pandemics; Plaintiffs Seek Help for Current Outbreak

Key segments of the property/casualty insurance industry, which is facing mounting claims for business interruption losses from the pandemic, have thrown their lobbying weight behind a proposed federal program to replace revenues lost by businesses shut down during pandemics like …

Insurers Oppose Premium Tax to Fund Washington’s Wildfire Prevention

Lobbyists for the property and casualty insurance industry are trying to prevent a $125 million increase in Washington state premium taxes that would fund wildfire prevention and suppression. The tax would affect home, auto and business insurance in an action …