The National Association of Mutual Insurance Companies said itsmember companies and their employees have donated $1.375 million tothe American Red Cross for Hurricane Katrina relief efforts.
"It is the principle upon which our industry was founded--thatis 'neighbor helping neighbor'--that exemplifies the spirit inwhich NAMIC members contributed to the relief effort," said ChuckChamness, president of NAMIC.
He said many companies matched employee contributions dollar fordollar, and one company matched $10 for every $1 donated to thefund.
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