GMAC Insurance President Gary Kusumi Elected Chairman of the Board of the Insurance Institute for Highway Safety (IIHS).ST. LOUIS -- GMAC GMAC General Motors Acceptance Corporation GMAC Graduate Management Admission Council GMAC Give Me A Call GMAC Genetic Manipulation Advisory Committee GMAC Genetic Modification Advisory Committee (Singapore) GMAC Give Me A Chance Insurance Personal Lines announced today that its president and CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. Gary Kusumi has been tapped to be chairman of the board of directors for the Insurance Institute for Highway Safety The Insurance Institute for Highway Safety is a U.S. non-profit organization funded by auto insurers. It works to reduce the number of motor vehicle crashes, and the rate of injuries and amount of property damage in the crashes that still occur. (IIHS IIHS Insurance Institute for Highway Safety IIHS Institute of Integral Handwriting Studies ). Based in Arlington, Va., IIHS is a nonprofit research and communications organization funded by U.S. automotive insurers. The organization's mission is to prevent motor vehicle crashes on the nation's highways and reduce the injuries and property loss in the crashes that do occur. IIHS conducts crash testing at its state-of-the art facility in Ruckersville, Va., and releases those results with safety ratings by vehicle make and model. During his tenure as board chair, Mr. Kusumi will be working to further IIHS research on safer vehicles, driver behavior and roadway design. "The IIHS provides a valuable public service to all Americans with its mission to support driver and passenger safety," said Kusumi. "I'm proud to be associated with the organization, pleased to be asked to head its board of directors." Adrian Lund, president of IIHS, adds, "Gary's strong leadership will help us continue to build on our successful research and crash test programs in 2007." Kusumi succeeds Richard R. McLaughlin Jr., vice president, Amica Mutual Insurance Amica Mutual Insurance is a mutual insurance company founded in 1907 and located in Lincoln, Rhode Island offering primarily auto, home, and life insurance. The company is licensed in 49 US states with most business concentrated in the Northeastern United States, Florida, Texas, . McLaughlin served as IIHS chairman during 2006 and will continue to serve as a member of the board. The GMAC Insurance Group is one of the largest automobile insurers in the United States and is a wholly owned subsidiary Wholly Owned Subsidiary A subsidiary whose parent company owns 100% of its common stock. Notes: In other words, the parent company owns the company outright and there are no minority owners. of GMAC. GMAC Insurance Personal Lines offers a variety of property and casualty insurance products, including personal auto, RV, motorcycle, boat and commercial auto insurance. With a nationwide network of claims professionals, local independent agents and a 24-hour, toll-free claims hotline available 365 days a year, the GMAC Insurance Group provides superior claims service for its customers. |
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