CREW and Others Call for Increased Disclosure of Political Spending by Insurance Companies

CREW and Others Call for Increased Disclosure of Political Spending by Insurance Companies

WASHINGTON – July 16 – Today, Citizens for Responsibility and Ethics in Washington (CREW) and other organizations called on the National Association of Insurance Commissioners (NAIC), the regulatory organization for the insurance industry, to require insurance companies to disclose all political spending from corporate funds. 

Recent revelations, including the discovery that the insurance giant Aetna contributed more than $7 million to the American Action Network and the U.S. Chamber of Commerce, have underscored efforts by companies to illicitly influence the 2012 elections.