NAPSLO forms Political Action Committee

In December 2005 NAPSLO 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. 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.

Under rules set up by the Federal Election Commission, the PAC requires a prior approval solicitation form signed by the firm's executives giving the PAC permission to solicit contributions from executives, administrative staff and stockholders, or just the individual executive. A copy of the form is available for download.

Additional details regarding purpose, goals and activities of the PAC, Federal Election Campaign donation rules, and other general information is available to NAPSLO members at the new NAPSLO PAC website. Or for additional information on the NAPSLO PAC, please contact Richard Bouhan, NAPSLO PAC Treasurer at (816) 741-3910.