American Mutual Insurance Alliance
What Does American Mutual Insurance Alliance Mean?
The American Mutual Insurance Alliance, now known as the Alliance of American Insurers, is a trade association representing the insurance industry. Most of its members are mutual casualty and property insurers.
The association’s activities include lobbying for favorable legislation, conducting research on insurance-related issues, and publishing educational materials on various insurance topics.
Insuranceopedia Explains American Mutual Insurance Alliance
The association’s headquarters are located in Schaumburg, Illinois. Its original name, the American Mutual Insurance Alliance, highlights its initial membership, which consisted exclusively of mutual insurance companies. However, since 1977, non-mutual insurance companies have also been allowed to join. The group remains dedicated to promoting professionalism and supporting insurance companies in various capacities.