AIPSO's Board of Directors traces its origins back to 1947 when it was established under the auspices of the National Association of Insurance Commissioners (NAIC), and known initially as the National Advisory Committee on Automobile Insurance Plans. In 1960, this important industry group reorganized as the National Industry Committee (NIC) and expanded its membership from six to nine members.

To meet the challenge of serving automobile insurance residual market consumers, the NIC established AIPSO in 1972, with operations starting in 1973. It was also in 1972 when the NIC expanded to twelve members. On October 21, 1987, AIPSO's Board of Directors assumed the responsibilities of the NIC.

Today, AIPSO's Board of Directors is composed of 13 major insurance companies. Two insurance industry trade associations - the American Insurance Association and the Property Casualty Insurers Association of America - annually select three of its member companies to sit on the Board. Three companies representing non-affiliated insurers hold seats on the Board following an annual weighted vote conducted by the nation’s unaffiliated insurance companies. These nine companies subsequently elect three additional “at large” companies to serve on the Board. The board’s membership is rounded out by the selection of a non-voting insurer member representing the largest residual market mechanism managed by AIPSO.

With this composition, the Board represents companies writing virtually all of the automobile insurance in the United States. You can view the Board's current membership here.