A casual observer might never have noticed that the Property Loss Research Bureau has just gone through a dramatic change. In January 2004, the PLRB was spun off by the Alliance of American Insurers, which merged with the National Association of Independent Insurers to form a new insurance trade association, the Property Casualty Insurers Association of America.
"With the stroke of a pen, the old PLRB that had been assisting member-company claim departments since 1947 was gone and a new PLRB instantly took its place," said Bill Purmort, president of the Central Companies in Van Wert, Ohio, and chairman of PLRB's Board of Directors. "Then, in keeping with long-standing PLRB practice, the level of excellent service to the members was improved."
PLRB provides coverage research, information and data, training and education, and catastrophe services to its 900 member companies. It is most visible through its annual Claims Conference, attended by thousands of claim executives, claim managers, claim adjusters, defense counsel, and service providers.
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