political contributions News

Spending Passes $17 Million in Pennsylvania Supreme Court Race

Millions more dollars are flowing into Pennsylvania`s race for an open state Supreme Court seat, as labor unions, trial lawyers and billionaires are spending heavily in the campaign to influence a court that has been pivotal in major election-related cases …

Supreme Court Allows State Ban on Corporate Political Giving

The U.S. Supreme Court left intact Iowa’s ban on corporate political donations, as the justices declined a chance to extend last week’s ruling striking down federal contribution limits. The justices, making no comment, today rejected an appeal by the Iowa …

Big ‘I’ Independent Agents’ InsurPAC Topped $1M in 2013

The Independent Insurance Agents & Brokers of America (IIABA or the Big “I”) said its political action committee, InsurPac, raised a total of $1,007,668 during the 2013 calendar year. “Surpassing the one million dollar mark in one year is an …

Big Corporate Political Spenders Often Worst Market Performers: Study

Despite a popular belief that spending on lobbyists and political gifts yield fat dividends for business, a study has found just the opposite – that in general higher corporate spending in Washington is linked to worse market performance. Researchers from …