Advocacy Groups Call On Insurance Companies To Disclose Political Spending

Along with a coalition of other advocacy groups, Citizens for Responsibility and Ethics in Washington (CREW) is calling on the National Association of Insurance Commissioners (NAIC), the organization that regulates the insurance industry, to require insurance companies to more transparently disclose their politically-affiliated donations. “Americans should not have to find out insurance companies’ hidden agendas by accident. The NAIC should give these corporations the extra push by requiring disclosure of political spending,” CREW’s executive director said in a press release. Aetna shareholders, who recently expressed their “dismay” upon learning that their insurance company had donated to anti-Obamacare political campaigns, would be exactly the type of group to benefit from CREW’s increased transparency initiatives.