Clem H. Spalding, who for many years played a major leadership role in the Texas automobile insurance market, was presented the Raymond Mauk Leadership Award Wednesday, July 17, at the Mid-Year Property and Casualty Symposium. Spalding is the sixth recipient of the insurance award.
The award is the council’s highest honor and is intended to bestow recognition on those whose labor has made a significant difference in the business of insurance.
Spalding served as an officer with the United Services Automobile Association (USAA) for 30 years. Spalding served as chairman of the governing bodies of the Texas Auto Insurance Service Office (TAISO), the Texas Automobile Insurance Plan (TAIP) and the Automobile Insurance Plan Service Office (AIPSO). He was also active in the Texas Insurance Advisory Association (TIAA) during his illustrious career.
As chairman of TAIP, Spalding moved management away from manual processes to an automation system to handle the association’s assigned risk applications, which peaked in the mid-’90s at 700,000 applications each year.
Spalding chaired the industry committee that performed the first study of merging various Texas insurance organizations into one. His initial work led to the eventual merger of TIAA and TAISO into the Insurance Council of Texas.
Spalding was instrumental in modernizing the Texas automobile policy to make it readable. He had to first convince the State Board of Insurance and its staff to consider the changes and he then worked with both regulators and insurance companies to modify the wording and format for the new policy. His work and tireless effort resulted in the Texas Personal Automobile Policy, which is used by all companies today to insure personal vehicles in Texas.
The Raymond Mauk Award honors former Texas Fire Commissioner Raymond Mauk and annually recognizes someone who has made a notable contribution to the Texas property/casualty insurance industry.
Topics Texas
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