Providence Property & Casualty Insurance Company Expands Board of Directors
Workers' Compensation carrier to niche PEO industry strengthens its Board of Directors. The privately held company welcomes knowledge and expertise new members provide.
Frisco, Texas (PRWEB) September 23, 2006 -- Following its plan to be a leading provider of workers' compensation insurance to Professional Employer Organizations (PEOs), Providence Property & Casualty Insurance Company announces additions to its Board of Directors.
Mr. Robert "Bob" J. Thomas, Jr., a member of the Oklahoma Bar Association since 1997, now serves as Secretary of the Board. Having specialized in regulatory and insurance law, Providence will benefit from Mr. Thomas's legal ability and past legislative involvements.
Mr. James W. Works, a resident of New Mexico, brings to the Board a wealth of experience. Prior to retiring from his Executive Vice Presidency with a Fort Worth, Texas insurance company, Mr. Works spent 25 years as a consulting actuary.
Mr. Robert Henry "Mick" Thompson serves as the Oklahoma State Bank Commissioner. The Providence Board welcomes Mr. Thompson's financial and regulatory background which includes experience as an insurance company director and prior service as a legislative director in the Oklahoma Governor's office.
"The knowledge and expertise these individuals contribute to our Board strongly positions us for long-term stability as a carrier for the niche PEO market," states Derek Lancaster, President & CEO.
Providence Property & Casualty Insurance Company along with its wholly owned subsidiary Imperial Casualty and Indemnity Company are licensed in 40 states plus the District of Columbia. The carrier provides workers' compensation coverage to over five thousand companies, with more than 42,000 workers. Domiciled in Oklahoma City, Oklahoma, the Executive and Administrative Offices are located in Frisco, Texas.
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