Two executives – from Allstate and GEICO – have been named chairman of separate institutes focused on P/C insurance industry-related data.
Floyd Yager senior vice president, property product management at Allstate, has been named chairman of the Board of Directors at the Insurance Institute for Highway Safety. He replaces Jack Salzwedel, president and CEO of American Family Mutual Insurance Company, who served as chairman during 2016 and will stay on as a board member.
The new chairman-elect is William L. Windsor Jr., associate vice president, office of consumer safety for Nationwide Insurance.
Over at the Highway Loss Data Institute, H. Todd Pearce, director and assistant actuary, GEICO pricing, product and reserving department at GEICO Corp., is the new chairman of the Board of Director. He succeeds Thomas Rau, director of property/casualty actuarial research analytics, Nationwide Insurance, who was HLDI chairman in 2016 and will stay on as a board member.
The new HDLI vice chairman is Mike Petrarca, senior assistant vice president, Amica Mutual Insurance Company.
The Insurance Institute for Highway Safety is an independent nonprofit scientific and educational organization focused on reducing losses from crashes on the nation’s roads. It is backed by auto insurers.
The Highway Loss Data Institute, an affiliate of the Insurance Institute for Highway Safety, is a non-profit research organization that publishes insurance loss statistics on most car, SUV, pickup truck and motorcycle models on U.S. Roads. It is also wholly supported by auto insurers.
Sources: IIHS, HLDI