The Professional Liability Underwriting Society honored Chubb Vice Chairman John Degnan during its international conference last Thursday, presenting him with an award to recognize his efforts in advancing the image of the professional liability industry.
Minneapolis-based PLUS, which held its annual conference in San Francisco last week, said criteria for the PLUS1 Award include reputation and success in the professional liability industry.
Criteria for the PLUS1 Award include a history of lectures and service on panels addressing topics in the industry, current activity in professional liability, activity and involvement in PLUS, longevity in the insurance industry, and measure of impact on the professional liability industry, PLUS said.
Last year's PLUS1 Award recipient was Maurice Greenberg, chairman and CEO of C.V. Starr, who is also the former chairman and CEO of American International Group.
Kevin LaCroix, a partner for Oakbridge Insurance Services, a Beachwood, Ohio-based insurance brokerage, also received an award from PLUS last week--the Founders Award, which recognizes a member who has made lasting and outstanding contributions to the Society.
Mr. LaCroix, an attorney, is also the author of The D&O Diary, an Internet blog site with information on litigation trends and other items of interest concerning directors and officers liability insurance.
Highlights of his work for PLUS include a recent stint as co-chair of the PLUS D&O Liability Symposium (in 2007 and 2008). He also served as president of PLUS in 2004.
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