Insurance Information Institute Mourns the Death of William E. Bailey, Special Counsel for the Insurance Information Institute since 1986
BOSTON, MA. — Dr. William E. Bailey J.D., CPCU, special counsel to the Insurance Information Institute (I.I.I.) and prominent industry spokesperson, died of cancer on Friday, Aug. 21. He was 68 years old and resided in Chelsea, MA, with his wife, Rene.
“All of us will greatly miss Bill’s multitude of talents, perceptive intelligence, life-long dedication to learning, quick wit and boundless enthusiasm. We also remember with appreciation Bill’s outstanding work in disaster communications, having served as director of the first Hurricane Insurance Information Center following Hurricane Andrew in 1992 and working at the scene of every major disaster since, including Hurricane Katrina in 2005. In recent years he continued to establish significant relationships between the insurance industry and the emergency management community,” said Dr. Robert Hartwig, president of the I.I.I. “And Bill’s weekly radio program was a valuable consumer education tool for the industry.”
A veteran of the United States Marine Corps, Dr. Bailey graduated from Harvard College, Harvard Law School, received a doctorate from Union Graduate School and University and held the CPCU designation. Before joining the I.I.I. as special counsel in 1986, Dr. Bailey was a senior vice president for Commercial Union Insurance Company in Boston. Early in his career he was an associate in the law firm of his brother, F. Lee Bailey.
For the past decade, Dr. Bailey hosted the syndicated talk radio program “It’s Your Money! (What are you going to do with it?),” which aired live, nationally every Sunday from noon to 2 pm, EST, on the National Radio Network.
Dr. Bailey was a member of the American Bar Association, the Massachusetts Bar Association, the Federation of Insurance and Corporate Counsel and the Defense Research Institute. He was past president and chairman of the Massachusetts Defense Lawyers Association, a member of the board of directors of the Norman Vincent Peale Foundation and president of the National Consumer Education Foundation.
A memorial service for Dr. Bailey will be held on Saturday, Sept. 26, 2009, at 11 am at Trinity Church, 730 Main Street, Waltham, MA. In lieu of flowers, the family requests that a donation be made to the Scholarship Fund at Belmont Hill School, 350 Prospect Street, Belmont MA, 02478-2662, in memory of Bill Bailey, Class of 1958.
Source: Insurance Information Institute