WASHINGTON, D.C., Dec. 8, 2010 — The Independent Insurance Agents & Brokers of America (IIABA or the Big “I”) today congratulated Rep. Spencer Bachus (R-Ala.) for being named the next chairman of the House Financial Services Committee.

“The Big ‘I’ would like to congratulate Rep. Bachus (R-Ala.) on his being selected as Chairman of the House Financial Services Committee,” says Robert Rusbuldt, Big “I” president & CEO. “We have worked closely with Chairman Bachus and his team for many years  and he will make an excellent chairman.”

Rep. Bachus is in his ninth term representing Alabama’s sixth congressional district located in the central part of the state, including Birmingham. According this his official website, he supports tax relief, and fiscal responsibility, has been named Guardian of Small Business by the National Federation of Independent Business, Friend of the Taxpayer by Americans for Tax Reform and has received the Spirit of Free Enterprise Award from the U.S. Chamber of Commerce.

“The House Financial Services Committee has jurisdiction over many of the issues that directly impact the independent insurance agency system,” says Charles E. Symington, Big “I” senior vice president of government affairs. “We are confident that with Rep. Bachus at the helm, the interests of the 300,000 members of our association will be considered as the committee works to assist our country’s financial recovery.”

Founded in 1896, the Big “I” is the nation’s oldest and largest national association of independent insurance agents and brokers, representing a network of more than 300,000 agents, brokers and their employees nationally. Its members are businesses that offer customers a choice of policies from a variety of insurance companies. Independent agents and brokers offer all lines of insurance—property, casualty, life, health, employee benefit plans and retirement products. Web address: www.independentagent.com.
 
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