OpenSecrets | Insurers On Alert Have Given $4 Million to Committees Grilling Them - Capital Eye

OpenSecrets | Insurers On Alert Have Given $4 Million to Committees Grilling Them - Capital Eye
It's back to school and 52 insurance companies or their subsidiaries have an assignment due today: they must disclose their financial records, including details on executive pay and entertainment expenditures, to House Energy and Commerce Chairman Henry Waxman (D-Calif.).

While this puts mega-insurers such as AFLAC and Blue Cross/Blue Shield on alert, they might find some comfort in that collectively they enjoy a relatively strong financial bond with the current committee members. The members have collected $2.9 million from the employees and political action committees of the insurers that received letters from Waxman in August. Fifty-three percent of those donations has gone to Republicans.