INDIANA COMPENSATION RATING BUREAU
5920 CASTLEWAY WEST DRIVE NO 121, INDIANAPOLIS, IN 46250 www.icrb.net

Total Revenue
$3,135,197
Total Expenses
$3,185,359
Net Assets
$2,149,177

Organizations Filed Purposes: TO REGULATE WORKER COMPENSATION RATES IN THE STATE OF INDIANA.

THE ICRB GATHERS INFORMATION FROM ITS MEMBER COMPANIES TO ESTABLISH FAIR AND ADEQUATE ADVISORY RATES. THIS INFORMATION IS THEN SUBMITTED TO THE INDIANA DEPARTMENT OF INSURANCE FOR REVIEW AND THEN DISTRIBUTED TO ALL MEMBER COMPANIES. IN ADDITION TO THE DATA-COLLECTION AND RATEMAKING FUNCTIONS, THE ICRB IS RESPONSIBLE FOR VARIOUS WORKERS COMPENSATION PROGRAMS INCLUDING RULES PROMULGATION, EXPERIENCE RATING, INSPECTION AND CLASSIFICATION, ASSIGNED-RISK ADMINISTRATION, INDUSTRY EDUCATION AND DISPUTE RESOLUTION.

Executives Listed on Filing

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

NameTitleHours Per WeekTotal Salary
Karen ByrdPRESIDENT40$199,714
Duane SchroederVICE PRESIDENT40$136,005
Ron CooperFORMER PRESIDENT40$90,125
Donald Stoller Westfield InsuranceGOVERNING BOARD MEMBER0.3$0
Ken Metz Icw GroupGOVERNING BOARD MEMBER0.3$0
Frank Baker Eastern Alliance InsGOVERNING BOARD MEMBER0.3$0
Scott Macwilliam Indiana Farmers InGOVERNING BOARD MEMBER0.3$0
Ira Feuerlicht Amer Home Assur CoCHAIRPERSON2$0
William Malphurs Technology Ins CoGOVERNING BOARD MEMBER0.3$0
Lindsay Ladin Travelers IndeminitycGOVERNING BOARD MEMBER0.3$0
Rob Smith Fcci Ins GroupGOVERNING BOARD MEMBER0.3$0
William Gable The HartfordGOVERNING BOARD MEMBER0.3$0
Scott Lerew Accident Fund Ins CoGOVERNING BOARD MEMBER0.3$0
Nancy Springer Amerisure InsuranceGOVERNING BOARD MEMBER0.3$0
Tim Trafecanty Liberty Mutual GroupVICE CHAIRPERSON2$0

Data for this page was sourced from XML published by IRS (public 990 form dataset) from: https://s3.amazonaws.com/irs-form-990/202033189349300903_public.xml