Membership
IFM helps represent the interests of Minnesota's local, regional, and national property/casualty insurers on numerous issues impacting our industry.
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We have helped build an insurance industry in Minnesota that we estimate today:
Writes more than $10 billion of direct property/casualty premium
Includes hundreds of competitive insurers
Reduces hundreds of thousands of dollars in costs due to fraud
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We have helped secure an insurance industry in Minnesota that we estimate today:
Saves millions of dollars with limited bad faith laws
Avoids thousands of dollars in costs from policyholder surcharges
Maintains reasonable costs to access Motor Vehicle Records
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We have helped shape an insurance industry in Minnesota that we know today:
Engages with multiple insurance trade groups, such as the PCIA, NAMIC, and NICB
Cooperates with other industry groups, such as the MN Chamber of Commerce and NFIB
Embraces sustainable and competitive legislative, regulatory, and economic policies
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We have helped create an insurance industry in Minnesota that we estimate today:
Employs more than 80,000 people
Pays more than $400 million in premium taxes annually
Protects more than $1 trillion in risks