This blog features observations from Randy Turner, a former teacher, newspaper reporter and editor. Send news items or comments to rturner229@hotmail.com
Tuesday, October 27, 2009
Insurance interests pours $50,000 into House Republican committee
Missouri Professionals Mutual, St. Louis, contributed $50,000 to the House Republican Campaign Committee, according to a 48-hour report filed today with the Missouri Ethics Commission.
You should look at the Financial Statements for Missuri Employers Mutual Insurance (www.mem-ins.com). They are a Missouri Legislature started insurance company established to serve small business worker's compensation needs. Of course insurance can afford these kinds of donations - when they make 20% to 30% profit and in MEM's case don't pay taxes. Not saying MEM made a donation, but they are indicative of the industry.
You should look at the Financial Statements for Missuri Employers Mutual Insurance (www.mem-ins.com). They are a Missouri Legislature started insurance company established to serve small business worker's compensation needs. Of course insurance can afford these kinds of donations - when they make 20% to 30% profit and in MEM's case don't pay taxes. Not saying MEM made a donation, but they are indicative of the industry.
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