What is the US Insurance Association?
Many experts belong to associations or groups to learn and communicate with their peers. The insurance industry is no different and the US Association of Insurance (AIA) is considered a leading business organization of its type in the United States. This association consists of approximately 300 real estate insurance companies of all types. Its members have the opportunity to connect and learn more about the wide range of key issues of the industry, including asbestos, legal and regulatory reforms, as well as procedures for special insurance, taxation and insurance.
The US Association of Insurance was established as national fire subscribers in 1866. The original organization combined forces with the Association of Victims and Securing companies in 1964 to create today's group. Current membership in AIA consists of several types of insurance companies for real estate, such as car insurance companies, insurance companies rewards and insurers of small businesses. Other types of members include insurance companies of small enterprises, insurance companies MAir houses and insurance companies for neglecting medical practices.
One of the main missions for American Insurance Association is to provide education and support key questions that are an integral part of the success of its members. For example, AIA is working on identifying asbestos abuse and helping in the reform of the current system. It also proposed to create an optional federal charter group that would be responsible for the modernization and streamlining of the current control supervision process.
Other key problems for the American insurance Association include car insurance, national disaster insurance and terrorism insurance. AIA helps members by contributing research and resources to solve the problem of fraud with car insurance. In the past, industrial associations of this typulobby helped for the seat belt laws and stricter punishments under the influence of alcohol. AIA works on several legislativelevels to support accurate risk analysis for property insurance companies who deal with storms and flood losses. He also educates members on the 2002 Terrorism Risk Insurance Act.
Insurance taxation is an important topic for many members of the US insurance association. These members feel hindered and limited by the current tax system. AIA is working on blocking and defeating proposals to increase these types of taxes to an even higher level. AIA also supports the ability of its members to use controls against credit history based on their customers' insurance score.