Friday, December 23, 2005

NAPSLO Forms Political Action Committee

President Mac Wesson announced the formation of NAPSLO PAC, a Political Action Committee, which will support candidates at the federal level.

The NAPSLO PAC was formed following approval by the Association's Board of Directors in November. The PAC has been registered with the Federal Election Commission, which regulates the solicitation and administration of PACs.

Mr. Wesson said the NAPSLO PAC is committed to supporting candidates for the U.S. House and Senate whose philosophies and attitudes are consistent with the goals of NAPSLO, the surplus lines industry and the wholesale brokerage system.

The Treasurer of the PAC will be NAPSLO Executive Director Richard Bouhan and the Assistant Treasurer is Maria Berthoud of B&D Sagamore, NAPSLO's Washington D.C. representative.

"Based on early comments from several NAPSLO members, we are confident that this PAC will be strongly supported by the NAPSLO community," said President Mac Wesson.
Additional details regarding purpose, goals and activities of the PAC, Federal Election Campaign donation rules, and other general information will be posted soon in the Legislation/Regulation section of the NAPSLO web site.

For additional information on the NAPSLO PAC, please contact Richard Bouhan, NAPSLO PAC Treasurer.

No comments: