American Mutual Insurance Alliance
Definition - What does American Mutual Insurance Alliance mean?
The American Mutual Insurance Alliance (now named the Alliance of American Insurers) is an insurance industry trade association. The bulk of the parties who are part of it are mutual casualty and property insurers.
This association's activities include lobbying for beneficial legislation, conducting research on insurance issues, and publishing educational papers on various insurance topics.
Insuranceopedia explains American Mutual Insurance Alliance
The association's headquarters are in Schaumburg, Illinois. Their original name (the American Mutual Insurance Alliance) reflects the fact that they were initially comprised exclusively of mutual insurance companies. However, starting in 1977, they have allowed non-mutual insurance companies to join. The group continues to promote professionalism and help insurance companies in various ways.
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