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Compensation 990 is an independent service that uses public IRS Form 990 filings as its source data. We clean and standardize this information, but the original filings may contain errors or omissions. Years on this site refer to the organization’s fiscal year end date on the filing.

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Organizations Property Loss Research Bureau

Property Loss Research Bureau

Fiscal year ending 2019. Filed on April 8, 2020.

3025 Highland Parkway No 800
Downers Grove, Illinois 60515

Property Loss Research Bureau (EIN: 36-1516660), also known as Dba Property and Liability Resource Bureau, has filed an IRS Form 990 between fiscal years 2019 and 2023. In its fiscal year 2019 IRS Form 990 filing, Property Loss Research Bureau, a 501(c)(6) business league, reported compensation for 14 out of 45 total employees. Among the employees shown here, the average compensation is $231,871. The highest compensated employee at Property Loss Research Bureau is Thomas Mallin with fiscal year 2019 compensation of $684,589.

Revenue, expenses, and employee compensation

Revenue

$10,399,174

Expenses

$9,793,368

Employee compensation

$7,030,592
Revenue, expenses, and employee compensation over time

Reported Compensated Employees

Thomas Mallin
President and Chief Executive Officer
$684,589
$625,399 No related comp$59,190
Leonard Murphy
Vice President and General Counsel
$356,745
$295,497 No related comp$61,248
Paul Dispensa
Vice President Liability Services
$296,092
$252,124 No related comp$43,968
Jeffrey Kerensky
Vice President Property Legal Services
$282,491
$244,543 No related comp$37,948
Peter Becker
Treasurer and Vice President INFO Services
$250,918
$217,809 No related comp$33,109
Elizabeth Sterne
AVP Special Counsel and Secretary
$210,586
$165,402 No related comp$45,184
Scott Powell
Vp-Educational and TECH Services
$160,059
$131,555 No related comp$28,504
Valerie Berka
Senior Meetings MGR
$153,010
$111,209 No related comp$41,801
Thomas O'Dowd
Senior Marketing and Exhibits MGR
$153,010
$111,209 No related comp$41,801
Mike Brode
Vp-Educational and TECH Services
$147,719
$118,699 No related comp$29,020
Ann Blomquist
Senior Staff Accountant
$143,720
$116,834 No related comp$26,886
Jeffrey Margulis
Counsel
$138,729
$112,468 No related comp$26,261

Benchmark Employee Compensation

Non-Employee Board Members

Bonnie Lee
Vice Chair
Bruce Kelley
Director
Chad Zierke
Director
Fw Purmort III
Director
Jeff Mills
Director
Jeffrey Kusch
Director
Mark Willson
Director
Richard Creedon
Director
Richard Long
Director
Robert Dimuccio
Director
Sean B McSweeney
Chair

Contractors

Roger H King Dba Rkm Productions
A-V Production
$192,052

Mission Statement

OUR PURPOSE IS TO PROMOTE THE INTERESTS OF THE PROPERTY AND CASUALTY INSURANCE INDUSTRY GENERALLY IN MATTERS RELATED TO ADJUDICATION 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.

Revisions to this organization profile

June 14, 2024:
2023 Property Loss Research Bureau 990 filed
May 12, 2023:
2022 Property Loss Research Bureau 990 filed
May 12, 2022:
2021 Property Loss Research Bureau 990 filed

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