QUICK FACTS

ACLHIC's Sacramento-based operations have been on guard for more than four decades;fighting to protect our members from unjust taxation and regulation, as well as educating decision makers on the contributions of the life and health insurance industry.

• ACLHIC's 43 member companies are key players representing an industry that provides more than 2.5 trillion dollars of insurance coverage to Californians, and has invested more than $517 billion in the California economy. $412 million of this total was invested in stocks and bonds that finance construction, schools and other services. More than $60 billion is invested in mortgage loans and real estate.
   
• Additionally, insurers have invested over $8.3 billion through the California Organized Investment Network (COIN), a program managed by the California Department of Insurance to generate investments in underserved communities. This amount does not include the billions of dollars insurers invest in inner cities through their purchase of stocks and bonds.
  
  In California insurers paid out more than $38 billion in direct life, annuity and other payments. The industry also contributes over $2.3 billion each year to the state in the form of premium taxes. We employ close to 300,000 Californians in stable, family wage jobs and contribute generously via our charitable outreach efforts.
   
• ACLHIC advocates key insurance issues before legislative and administrative bodies including life, annuity, health, privacy, long-term care, community reinvestment, litigation, solvency, taxation, risk classification, regulation, and insurance organization and regulation.
   
• ACLHIC reaches out to the many diverse constituencies whose activities impact life and health insurance in California. Through its Political Action Committees, our members participate in the state election and initiative process. ACLHIC also participates in business coalitions through grassroots efforts and industry-related groups that promote similar goals.