The Independent Insurance Agents & Brokers of America's political action committee—InsurPac--raised a total of $1,007,668 during the 2013 calendar year, the producer group announced Tuesday.
“Surpassing the one million dollar mark in one year is an important accomplishment for InsurPac,” said IIABA President and CEO Robert Rusbuldt in a statement.
“The Big 'I' membership prides itself on political engagement and involvement, and the continued growth of InsurPac is further evidence of this commitment,” he said.
In the 2012 election cycle, InsurPac distributed more than $1.8 million to senators, representatives and other candidates for federal office. Eighty-four percent of InsurPac-supported candidates won with 237 victories of the 282 races it supported, according to IIABA.
IIABA said that in disbursing contributions, InsurPac does not look at party affiliation but supports representatives, senators, and candidates for federal office that have been advocates and supportive of the independent agency system.