The National Association of Mutual Insurance Companies has become a member of the Insurance Research Council, a nonprofit research organization, the two groups announced.

Malvern, Pa.-based IRC's membership also includes nine insurance companies.

NAMIC, headquartered in Indianapolis, counts more than 1,400 property-casualty insurance companies among its membership, the vast majority of which are mutual carriers.

IRC is a public policy research organization. The IRC said it provides objective analysis on a broad range of issues of interest to insurers, consumers and public policymakers.

Chuck Chamness, NAMIC president and chief executive officer, said: “The IRC has a proven track record in bringing factual information to public policy debates on a wide variety of insurance issues, such as natural catastrophes, auto injury compensation and highway safety. We look forward to collaborating with the other members of the IRC on these and other future issues.”

At IRC, Elizabeth Sprinkel, senior vice president, said her group is “thrilled that NAMIC is bringing its knowledge and expertise in public policy and legislative and regulatory matters to the IRC. NAMIC's participation will help ensure that IRC's research agenda remains relevant and timely.”

In addition to NAMIC, current members of the IRC include: Allstate Insurance Company, American Family Insurance, Farmers Insurance Group, The Hartford Financial Services Group Inc., Liberty Mutual Group, Nationwide Insurance Enterprise, Safeco Insurance Services, State Farm Insurance Companies and United Services Automobile Association.

IRC is a division of the American Institute for CPCU and the Insurance Institute of America. IRC is online at www.ircweb.org.

Special Reports /

NAMIC Becomes Research Group Member

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