Picton was on the board of elders. He received a bachelor’s degree in physics in 1944 from the Massachusetts Institute of Technology. He’d been an Army second lieutenant and served with the 7th Infantry Regiment of the Third Division, mostly in post-World War II Germany and Austria. He decided against physics as a career; he didn’t want to be cooped up in a lab or classroom. read more
“He was more of a relational guy. He put his MIT education to use as he handled insurance matters for some of Toledo’s largest More.. companies, Libbey-Owens-Ford Co. Picton was founding president of the Toledo Society for the Advancement of Chartered Property and Casualty Underwriters.
The family suggests tributes to Church Hill Activities and Tutoring, CHAT, which works with young people in Richmond, Va.
lRelated Tech-industry leaders see 2015 big for health care, wearables, mobile
Google and Apple also have other advantages, including being ubiquitous in the lives of many consumers and having been accepted as big data collectors.
To be sure, the percentage of consumers who have or have had usage-based insurance policies is small: 8percent as of July 2014, according to a survey of 1,000 U.S. click here
A service will be held Wednesday at John Knox Village, and a family gathering later. Carrying on the tradition of that agency was important to him, and that he was providing a Read more service that people needed, and he was trying to do the right thing for people.”
He and his wife, Bebe, became devout Christians in 1951. among them, his son said.
Mr. The firm, founded in 1898 by Harry W. He liked working Resource with people and helping people,” said Byron Jensen, a friend for more than 45 years, first through Christian Fellowship of Toledo, where Mr. Picton also had been an officer in Main page Christian Business Men’s Committee, an international group.. Picton became deeply involved with Christian Fellowship, a congregation on Monroe Street that formed the year before. consumers by Towers Watson, a consulting firm.
The balance of power in driver-monitoring programs could shift to Google and Apple if smartphones catch on as usage-based insurance policies, Puri and other speakers at the event suggested.
Mr. read more
Mr. Picton retired in 1976 as an executive vice president of the former Picton-Cavanaugh, considered one of the largest property and casualty agencies in the state and one of the oldest insurance firms in northwest Ohio. Falconer and known as Falconer-Dunbar, was sold in 1999 to Sky Financial Group. Picton, formerly of Ottawa Hills, joined the firm in 1947. continue
Mr. He offered his insights while participating in a Telematics Update panel discussion titled “Big Impact Disrupters Enter the Market” in Chicago.
His son said, “He was following in my grandfather’s footsteps. Mr. Picton studied at the Aetna Casualty insurance school Official site in Hartford, Conn., and spent time in Aetna’s risk analysis and insurance survey department in Chicago. car insurance quotes online That was important to him, to make his father proud. “It completely changed their lives,” his son said.
Mr. and Owens-Illinois Inc. Arrangements are by Fred Hunter’s Funeral Service in Florida.
They also raised questions such as: What happens when, say, Google has the data about losses to insurers? Does it charge insurers for it?
“Because of what Google and Apple can do, they are in the position to gather so much data, and that data may be more insightful than traditional variables,” such as credit scoring and motor vehicle records, said Sandeep Puri, a Deloitte consulting director and co-founder of D-rive, the firm’s auto insurance telematics business. His father, Byron, who died in 1969, was board chairman