BestWeek: Health Insurers Tilt Insurance Dollars to GOP

OLDWICK, N.J.--(BUSINESS WIRE)-- Insurance industry campaign contributions are leaning Republican in 2010, led by a strong tilt toward the GOP among health insurers in the wake of passage of health care reform, according to the latest federal campaign spending numbers, which are featured in the latest BestWeek U.S./Canada. The insurance industry is continuing a swing away from the Democrat-heavy giving of last year. The industry has given $31.3 million total, with a lead of 52% going to Republicans, according to the Center for Responsive Politics’ latest analysis. Featured is a breakdown of the top 10 insurance industry contributors to federal candidates and parties.

BestWeek Europe looks at how the appointment of Deutsche Bank to study the strategic options available for the Co-operative Insurance Society has brought speculation that the life operation of the U.K. mutual insurer could be sold.

Also in BestWeek U.S./Canada, specialty insurer and surplus lines writer Ironshore Inc. has been growing by carving out niche markets including, most recently, personal lines. The company is writing high-end homeowners insurance in Florida and insuring antique automobiles in the Northeast, the company’s chief executive officer, Kevin Kelley, told BestWeek. Also featured in the coverage is an audio interview with Kelley.

BestWeek is published by A.M. Best Co. for insurance professionals. To subscribe, visit http://www.ambest.com/sales/BestWeek.

Founded in 1899, A.M. Best Company is a global full-service credit rating organization dedicated to serving the financial and health care service industries, including insurance companies, banks, hospitals and health care system providers. For more information, visit www.ambest.com.



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A.M. Best Company
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KEYWORDS:   United States  Europe  North America  New Jersey

INDUSTRY KEYWORDS:   Public Policy/Government  Healthcare Reform  Elections/Campaigns  Public Policy  Professional Services  Finance  Insurance  Communications  Publishing

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