PROPERTY LOSS RESEARCH BUREAU
3025 HIGHLAND PARKWAY NO 800, DOWNERS GROVE, IL 60515 www.plrb.org

Total Revenue
$7,414,821
Total Expenses
$8,927,574
Net Assets
$19,187,304

Organizations Filed Purposes: OUR PURPOSE IS TO PROMOTE THE INTERESTS OF THE PROPERTY AND CASUALTY INSURANCE INDUSTRY GENERALLY IN MATTERS RELATED TO ADJUSTMENT AND RESOLUTION OF CLAIMS. MORE SPECIFICALLY, THE PROPERTY LOSS RESEARCH BUREUA STRIVES TO:1. PROMOTE THE ACHIEVEMENT AND MAINTENANCE OF THE HIGHEST LEVELS OF COMPETENCE AMONG THOSE REPRESENTING INSURERS IN THE ADJUSTMENT OF INSURANCE CLAIMS.2. PROVIDE RESEARCH AND ANALYSIS OF CLAIMS COVERAGE ISSUES. 3. PROMOTE CLARITY IN, AND UNDERSTANDING OF, INSURANCE POLICY LANGUAGE.4. PROMOTE DESIGN OF INNOVATIVE, FAIR AND EFFICIENT CLAIMS ADJUSTING PRACTICES. 5. ARRANGE AND CREATE EFFECTIVE INDUSTRY TRAINING PROGRAMS. 6. CONTRIBUTE TO THE INDUSTRY'S CLAIMS RESPONSE, ASSIST AND EDUCATE CATASTROPHE CLAIMS PERSONNEL, AND AID CATASTROPHE VICTIMS THROUGH PUBLIC INFORMATION.7. COOPERATE WITH OTHER PROPERTY AND CASUALTY INDUSTRY GROUPS, ASSOCIATIONS, AND OTHERS IN THEIR EFFORTS TO ENHANCE THE KNOWLEDGE AND PROFESSIONALISM OF THE INDUSTRY AND ITS SERVICE.

RESOURCING THE PROPERTY AND CASUALTY INSURANCE INDUSTRY THROUGH CONSULTING AND TRAINING.

THE BUREAU'S 2020 MEMBERSHIP CENSUS WAS MADE UP AS FOLLOWS: 1033 MEMBER COMPANIES AND 221 AFFILIATE MEMBERS. SERVICES TO THESE MEMBER ORGANIZATIONS INCLUDED EDUCATION AND TRAINING, LEGAL AND CLAIMS RESEARCH SERVICES, AND OTHER SERVICES.

THE MAJOR CONFERENCES HELD IN 2020 WERE THE VIRTUAL CONFERENCE, EXPO FOR CLAIMS PROFESSIONALS, SOLUTIONS TO YOUR COVID-19 ADJUSTING CHALLENGES, AND LARGE LOSS CONFERENCE. ATTENDENCE FOR EACH CONFERENCE WAS AS FOLLOWS:EXPO FOR CLAIMS PROFESSIONALS - 1415 (84% MEMBERS, 9% AFFILIATES)SOLUTIONS TO YOUR COVID-19 ADJUSTING CHALLENGES - 740 (72% MEMBERS, 20% AFFILIATES)LARGE LOSS CONFERENCE - 2538 (93% MEMBERS, 4% AFFILIATES)

PLRB PROVIDES AN EVER-GROWING INVENTORY OF CONTINUING EDUCATION ACCREDITED SELF-STUDY MODULES. MATERIALS ARE PREPARED BY STAFF, INDUSTRY VOLUNTEERS, OR ARE EDITED VIDEO-RECORDED PRESENTATIONS BY THE INDUSTRY'S LEADING CLAIMS SERVICE PROVIDERS AT OUR CLAIMS CONFERENCE. THESE MODULES CAN BE ACCESSED FROM ANY WEB ENABLED PC. TEST RESULTS ARE TRACKED BY PLRB, CERTIFICATES OF COMPLETION CAN BE PRINTED OUT BY THE USER, AND PLRB HAS AUTOMATED MUCH OF THE PROCESS BY WHICH THE USER APPLIES FOR AND RECEIVES CONTINUING EDUCATION CREDIT. IN 2020, 27,362 USERS PARTICIPATED IN 88 DIFFERENT MODULES, OF WHICH 15,966 MODULES WERE COMPLETED BY USERS. ALSO IN 2020, PLRB PROVIDED 14 WEBINARS THAT REGISTERED 6,100 LOGINS AND AN ESTIMATED 6,614 TOTAL VIEWERS BASED ON PARTICIPANT SURVEYS.

Executives Listed on Filing

Total Salary includes financial earnings, benefits, and all related organization earnings listed on tax filing

NameTitleHours Per WeekTotal Salary
Thomas MallinPRESIDENT & CEO36$614,308
Leonard MurphyVP & GENERAL COUNSEL36$282,274
Jeffrey KerenskyEXECUTIVE VP36$257,711
Paul DispensaVP LIABILITY SERVICES AND MEMBERSHIP36$249,644
Peter BeckerTREASURER & VP INFORMATION SERVICES36$214,457
Elizabeth SterneVP PROPERTY LEGAL SERVICES & SECRETARY36$195,225
Michael BrodeAVP-EDUCATIONAL & TECHNICAL SERVICES36$174,213
Peter BalingitAVP CATASTROPHE SERVICES36$139,828
Valerie BerkaSENIOR MEETINGS MGR36$114,479
Kathryn JensenSENIOR COUNSEL36$113,642
Thomas O'DowdSENIOR MARKETING & EXHIBITS MGR36$112,758
Ransella WagnerSENIOR COUNSEL36$111,626
Patrick BigginsCOUNSEL36$108,810
Chad ZierkeDIRECTOR1$0
Meg WeistDIRECTOR1$0
Shannon O'BrienDIRECTOR1$0
Bryon NelsonDIRECTOR1$0
Jeff MillsDIRECTOR1$0
Richard LongDIRECTOR1$0
Jeffrey KuschDIRECTOR1$0
Paul EdwardsDIRECTOR1$0
Richard CreedonDIRECTOR1$0
Bonnie LeeVICE CHAIRMAN1$0
Sean B McsweeneyCHAIRMAN1$0

Data for this page was sourced from XML published by IRS (public 990 form dataset) from: https://s3.amazonaws.com/irs-form-990/202101809349301420_public.xml