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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 2021. Filed on May 12, 2022.

3025 Highland Parkway 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 2021 IRS Form 990 filing, Property Loss Research Bureau, a 501(c)(6) business league, reported compensation for 13 out of 44 total employees. Among the employees shown here, the average compensation is $274,520. The highest compensated employee at Property Loss Research Bureau is Thomas Mallin with fiscal year 2021 compensation of $741,761.

Revenue, expenses, and employee compensation

Revenue

$8,342,411

Expenses

$8,612,357

Employee compensation

$7,147,368
Revenue, expenses, and employee compensation over time

Reported Compensated Employees

Thomas Mallin
President and Chief Executive Officer
$741,761
$626,865 No related comp$114,896
Leonard Murphy
Vice President and General Counsel
$377,801
$305,660 No related comp$72,141
Jeffrey Kerensky
Executive Vice President
$338,804
$278,640 No related comp$60,164
Paul Dispensa
Vice President Liability Services and Membership
$304,963
$257,271 No related comp$47,692
Elizabeth Sterne
Vice President Property Legal Services
$279,978
$224,100 No related comp$55,878
Peter Becker
Treasurer and Vice President Information
$271,290
$235,615 No related comp$35,675
Michael Brode
Avp-Educational and Technical Services
$267,330
$206,215 No related comp$61,115
Ransella Wagner
Senior Counsel
$171,422
$125,422 No related comp$46,000
Thomas O'Dowd
Senior Marketing and Exhibit MGR
$170,911
$124,910 No related comp$46,001
Mark Logalbo
Senior Counsel
$169,526
$123,500 No related comp$46,026
Patrick Biggins
Counsel
$169,366
$123,253 No related comp$46,113
Valerie Berka
Senior Meetings MGR
$169,272
$125,274 No related comp$43,998

Benchmark Employee Compensation

Non-Employee Board Members

Bryon Nelson
Director
Chad Zierke
Director
Jeff Mills
Director
John Micheli
Director
Jolene Casatelli
Director
Meg Weist
Director
Paul Edwards
Director
Richard Long
Director
Sean B McSweeney
Chair
Shannon O'Brien
Director
Tim Constien
Director

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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