philanthropy News

Giving Highlighted at Annual Philanthropic Roundtable

Leaders from 25 major insurance organizations recently gathered for presentations on charitable giving and volunteerism in the insurance industry and initiatives focused on philanthropy, inclusion and sustainability. During the Insurance Industry Charitable Foundation’s 2024 Philanthropic Roundtable, which took place on …

$480M Gift From Insurance Leader Ryan, Wife Is Northwestern University’s Largest Ever

Northwestern University has received the largest gift in its history, $480 million, from Patrick G. Ryan, founder and former long-time CEO of Aon Corp, and now chair of Ryan Specialty Group, and his wife, Shirley W. Ryan, co-founder and long-time …

Pinnacol Donates $1.8M to COVID-19 Funds for Colorado Businesses, Workers

Pinnacol Assurance donated nearly $2 million to an array of funds that support businesses and workers in Colorado impacted by the COVID-19 pandemic. Through its philanthropic giving program, Pinnacol donated the following amounts to the following funds: $1 million to …

Billionaire Paying Off College Students’ $40 Million Debt Has Ties to Insurance Industry

The billionaire technology investor and philanthropist who has promised to assume the $40 million student debt of the entire graduating class at Morehouse College has ties to the insurance industry. Robert F. Smith, who addressed the nearly 400 graduating seniors …

B Corp Status Gives California Agency Conscientious Bragging Rights

Already considering itself a socially and environmentally minded business, Burnham Benefits Insurance Services took the next logical step and went for an official designation that would help alert others to their mindset. That was the motivation Steve Vilas, Burnham’s vice …

Tony Markel Leads City of Hope Fund Raising Effort

Tony Markel was recently honored for his work on a national campaign to raise $1 billion for cancer research. Markel, known as the name and the man behind building Markel Corp. into one of the largest property/casualty insurance companies in …

Northeast Strong: IICF Benefit Event Topples Attendance Record

The seventh annual benefit dinner sponsored by the Insurance Industry Charitable Foundation Northeast division drew record attendance of more than 1,000 attendees to the Waldorf-Astoria in New York City on Dec. 11, 2013. At the event, the organization announced 16 …

Baseball Legend La Russa to Headline IICF Event In California

Major League Baseball great Tony La Russa will speak at the the Insurance Industry Charitable Foundation’s 20th annual benefit dinner on May 30 in San Francisco. La Russa will join hundreds of insurance professionals celebrating the industry’s commitment to community …