DOWNERS GROVE, IL
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)PROPERTY LOSS RESEARCH BUREAU, founded in 1977, is a mid-sized nonprofit that reported $13.2M in total revenue in fiscal year 2023. Revenue grew 16% year-over-year, indicating healthy expansion. Expenses of $11.3M left a modest 14% surplus.
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.
EDUCATION AND TRAINING, LEGAL AND CLAIMS RESEARCH SERVICES, AND OTHER SERVICES.
THE MAJOR CONFERENCES HELD IN 2023 WERE THE CLAIMS CONFERENCE, LARGE LOSS CONFERENCE , REGIONAL ADJUSTERS CONFERENCE AND THE TECHNOLOGY SYMPOSIUM.
PLRB PROVIDES AN EVER-GROWING INVENTORY OF CONTINUING EDUCATION ACCREDITED SELF-STUDY MODULES. MATERIALS ARE PREPARED BY STAFF, INDUSTRY VOLUNTEERS, OR ARE EDITED VIDEO-RECORDED PRESENTATIONS BY THE...
PLRB PROVIDES AN EVER-GROWING INVENTORY OF CONTINUING EDUCATION ACCREDITED SELF-STUDY MODULES. MATERIALS ARE PREPARED BY STAFF, INDUSTRY VOLUNTEERS, OR ARE EDITED VIDEO-RECORDED PRESENTATIONS BY THE INDUSTRY'S LEADING CLAIMS SERVICE PROVIDERS AT OUR CLAIMS CONFERENCE. THESE MODULES CAN BE ACCESSED FROM ANY WEB ENABLED PC. TEST RESULTS ARE TRACKED BY PLRB, CERTIFICATES OF COMPLETION CAN BE PRINTED OUT BY THE USER, AND PLRB HAS AUTOMATED MUCH OF THE PROCESS BY WHICH THE USER APPLIES FOR AND RECEIVES CONTINUING EDUCATION CREDIT.
Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency
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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)
Sign In — Free (10 views/day)| 2023 | 2022 | Change | |
|---|---|---|---|
| Revenue | $13,183,287 | $11,373,388 | +0.2% |
| Expenses | $11,314,113 | $10,071,995 | +0.1% |
| Net Income | $1,869,174 | $1,301,393 | +0.4% |
Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics
Financial Distress Indicator
Liquidity & Cash Position
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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics
Sign In| Name | Title | Hours/Week | Role | Reportable Comp | Other Comp | Total |
|---|---|---|---|---|---|---|
| PAUL EDWARDS | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| TIM CONSTIEN | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| BRYON NELSON | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| SHANNON O'BRIEN | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| MEG WEIST | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| SEAN MCSWEENY | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| BRYAN FALCHUK | PRESIDENT & CEO & INTERIM TREASURER | 36.00 |
Officer
|
$649,651 | $94,204 | $743,855 |
| LEONARD MURPHY | SENIOR VP & GENERAL COUNSEL | 36.00 |
Officer
|
$328,615 | $116,094 | $444,709 |
| ELIZABETH STERNE | SENIOR VP PROPERTY LEGAL SERVICES & SECRETARY | 36.00 |
Officer
|
$294,720 | $82,982 | $377,702 |
| RICHARD LONG | CHAIRMAN | 1.00 |
Officer
|
$0 | $0 | $0 |
| JEFFREY KERENSKY | SENIOR VP - MEMBERSHIP | 36.00 |
Key Emp
|
$296,729 | $92,262 | $388,991 |
| MICHAEL BRODE | VP MEETINGS & EDUCATION | 36.00 |
Key Emp
|
$218,565 | $78,290 | $296,855 |
| PETER BECKER | VP INFORMATION SERVICES | 36.00 |
Key Emp
|
$248,240 | $41,065 | $289,305 |
| PAUL DISPENSA | VP - MEMBERSHIP (THRU 4/30/24) | 36.00 |
Highest
|
$204,421 | $19,344 | $223,765 |
| THOMAS O' DOWD | SENIOR MARKETING & EXHIBITS MANGER | 36.00 |
Highest
|
$135,007 | $68,189 | $203,196 |
| RANSELLA WAGNER | CA COUNSEL & LAW REVIEW EDITOR | 36.00 |
Highest
|
$126,581 | $66,671 | $193,252 |
| KATHRYN JENSEN | COUNSEL & SENIOR EDITOR | 36.00 |
Highest
|
$129,753 | $37,723 | $167,476 |
| DAVID FOX | COUNSEL | 36.00 |
Highest
|
$124,278 | $36,390 | $160,668 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2024 | No data | No data | No data | No data |
| 2023 | $13,183,287 | $11,314,113 | $30,542,376 | $1,869,174 |
| 2022 | $11,373,388 | $10,071,995 | $31,019,563 | $1,301,393 |
| 2021 | $8,342,411 | $8,612,357 | $29,282,847 | $-269,946 |
| 2020 | $7,414,821 | $8,927,574 | $29,093,542 | $-1,512,753 |
| 2019 | $10,399,174 | $9,793,368 | $29,850,908 | $605,806 |
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