Friday, August 16, 2013

In Memory of Orville D. Jones, NAPSLO Past President

On Thursday, August 15 the NAPSLO family lost one of its past presidents, Orville D. Jones, who served as NAPSLO President from 1998 to 1999 and was on the NAPSLO Board of Directors from 1992 to 2000.

After serving in the industry for many years he currently worked for CRC Insurance Services, Inc., serving on the Senior Management Group, Board of Directors and as Assistant to the Co-Chairman & CEO.

Orville started his career in insurance in January 1961 as a salesman for Employers Insurance of Texas. He joined the surplus lines industry in 1977 and was named Chairman, President and CEO of Crump Insurance Services in October 1986. When he retired from Crump in October of 1999 he was Chairman and CEO.

Orville was elected President of NAPSLO in September of 1998 and prior to that served for a number of years on the Board of Directors and committees. He was on the original NAPSLO Education Committee which developed and presented their plan to the Board of Directors for the first NAPSLO E&S School, which took place in 1990 at the University of Vermont. He was also chairman of the NAPSLO Education Committee that developed the NAPSLO Advanced School and served as a faculty member in the NAIC/NAPSLO Surplus Lines School for Regulators.

In addition to serving on the NAPSLO Board, Orville served on the Board of Directors of the Surplus Lines Stamping Office of Texas and was Chairman in 1995. He received his BBA in Business Administration from Stephen F. Austin University and served as an officer in the United States Marine Corps prior to entering the insurance industry.

He is survived by his wife Joan, one son, two daughters, and five grandchildren. Funeral services are set for Monday at 2:00 p.m. at the Park Cities Baptist Church in Dallas and graveside services will be Tuesday in Tyler, Texas at Cathedral in the Pines Cemetery. Funeral arrangements are being handled by the Stewart Funeral Home in Tyler.

At the family’s request, donations in Orville's name can be made to the Marine Corps Scholarship Foundation; 909 N. Washington Street, Suite 400; Alexandria, VA 22314 or the Mary Crowley Cancer Research Center - Attn: Accounts Receivable; 1700 Pacific Avenue, Suite 1100; Dallas, TX 75201.

In the passing of Orville Jones, NAPSLO and the wholesale industry has lost a great leader, an innovator and a tireless worker; but most of all we have all lost a friend, mentor and wonderful human being. Orville helped lead three industry organizations to great success and he did it with grace, humor and compassion. Although he is gone, Orville's indomitable spirit and many accomplishments live on. He will be missed.

Wednesday, August 14, 2013

Surplus Lines Premium Growing According to Stamping Offices

 The Surplus Lines Stamping Office of Texas issued a report showing the 14 states with stamping offices saw growth in surplus lines premium during the first six months of 2013 relative to the same period in 2012. While the report indicates growth of 21.2% in total, it is heavily influenced by a large amount of prior years’ return premium transactions processed by New York in 2012. When excluding New York for this anomaly, the remaining stamping offices reported a 15.1% increase in 2013 premium compared to prior year. This report is now available by clicking here.  

 The report of calendar year 2012 to 2011 comparisons is also available illustrating a 0.9% increase in 2012 premium volume. When excluding New York and its 2012 return premium transaction anomaly, the remaining stamping offices reported an 11.8% increase in premium. To view the report of 2011 to 2012 data, click here.