AIG In 2Q Spent $2.75M To Lobby Congress

WASHINGTON--American International Group is by far the heavyweight amongst multiline insurers in lobbying Congress, spending $2.75 million in the second quarter alone in lobbying expenses, according to a report filed recently with the House clerk's office.

AIG's lobbying expenditures in the second quarter far surpassed lobbying expenditures for other insurance companies and trade groups, according to the reports, which were required to be filed by July 20.

The Hartford was second, according to the reports, spending $770,000 during the second quarter. Close behind was Allstate, which spent $710,000 to lobby on a variety of issues, including automobile safety, disaster planning, identity theft prevention, labor issues and patents. Liberty Mutual spent $240,000 lobbying Congress, its report said.

State Farm spent $580,000 lobbying Congress, with Allianz spending $350,000, Swiss Re $190,000 and Zurich $86,000.

Among insurance brokers, Aon spent $140,000 lobbying Congress.

Reports by property-casualty trade groups showed that the Property Casualty Insurers Association of America spent $714,749.11 to lobby Congress in the second quarter.

The National Association of Mutual Insurance Companies was next, spending $440,000 during the period to lobby Congress.

The American Insurance Association and the Independent Insurance Agents and Brokers of America each spent $390,000 during the period to lobby Congress, according to the report. The Council of Insurance Agents and Brokers spent $183,000 in lobbying Congress, according to its filing.