Hale elected to NCCI Underwriting Committee
PORTLAND, ME, September 6, 2012 – Donald V. Hale, Jr., senior vice president of underwriting for The MEMIC Group, has been elected a member of the newly formed Underwriting Committee for the National Council on Compensation Insurance, Inc. (NCCI), the leading rate making organization in the workers' compensation insurance industry.
Members have been selected based on their underwriting expertise and positions within companies representing a diverse group of workers' compensation writers.
Hale also served as an advisor with NCCI's Underwriting Advisory Group and in 2007 was elected to their national Workers' Compensation Reinsurance Pool Board of Governors.
Hale has been with MEMIC since 1993. In 2005, he was appointed chief operating officer for MEMIC Indemnity Company. During his tenure, The MEMIC group has grown to be licensed in 45 states plus the District of Columbia and has opened offices in New Hampshire, New York, Connecticut, Pennsylvania and New Jersey. MEMIC maintains an A (Excellent) rating from A.M. Best and is a leading workers' compensation writer in the Northeast.
Hale also is a member of the Society of Chartered Property and Casualty Underwriters (CPCU) and holds the CPCU designation and as well as the Charted Life Underwriters (CLU) designation. In 2005, he earned the President's Award from the CPCU, Maine Chapter. He holds a an undergraduate degree in Insurance from The University of Rhode Island and a master's of science degree in Insurance Management from Boston University. He also has served as past chair/advisor to the Policyholder Services Committee of the American Association of State Compensation Insurance Funds (AASCIF).
Based in BocaRaton, FL, NCCI manages the nation's largest database of workers' compensation insurance information. The organization analyzes industry trends, prepares workers' compensation rate recommendations, determines the cost of legislative proposals and provides a variety of services and tools, serving the workers' compensation market. Most states in the U.S. rely on NCCI services to develop workers' compensation rates.