2017 -- S 0964

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LC002885

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     STATE OF RHODE ISLAND

IN GENERAL ASSEMBLY

JANUARY SESSION, A.D. 2017

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S E N A T E   R E S O L U T I O N

RECOGNIZING AND HONORING JAMES V. ROSATI OF NARRAGANSETT, RHODE

ISLAND, ON THE OCCASION OF HIS RETIREMENT AFTER ELEVEN YEARS OF

OUTSTANDING LEADERSHIP OF THE BEACON MUTUAL INSURANCE COMPANY

     

     Introduced By: Senator Dominick J. Ruggerio

     Date Introduced: June 20, 2017

     Referred To: Placed on the Senate Consent Calendar

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     WHEREAS, James V. Rosati began his career as President and Chief Executive Officer

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of the Beacon Mutual Insurance Company in Warwick, Rhode Island on January 1, 2007; and

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     WHEREAS, By providing the most innovative programs, competitive products and

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outstanding service to businesses and their employees, James has fostered Beacon's mission of

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being a substantial instrument in the stabilization, fiscal health and proper positioning of the

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Rhode Island workers' compensation system; and

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     WHEREAS, James has guided the continued financial strength of Beacon and has led

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Beacon to return dividends to its policyholders for seven years in a row; and

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     WHEREAS, Regardless of their risk or performance, James has managed Beacon in

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providing workers' compensation insurance to over 12,000 Rhode Island businesses; and

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     WHEREAS, In conjunction with his team, James has successfully brought regulatory

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compliance to the operations of Beacon during his tenure; and

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     WHEREAS, James has directed Beacon's operations to the highest degree of

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transparency and ethics; and

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     WHEREAS, James has led Beacon to deliver exceptional comprehensive loss prevention

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services to policyholders in order to create a culture of safe workplaces in Rhode Island; and

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     WHEREAS, Through his leadership at Beacon, James has ensured that injured workers in

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Rhode Island are treated with respect and dignity as they recover from work related incidents; and

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     WHEREAS, James is retiring as President and CEO of the Beacon Mutual Insurance

 

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Company on June 30, 2017. He has served the Rhode Island community with philanthropic

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generosity over the years and he is eminently deserving of our appreciation and gratitude; now,

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therefore be it

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     RESOLVED, That this Senate of the State of Rhode Island and Providence Plantations

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hereby recognizes and honors James V. Rosati for eleven years of dedicated service to the state.

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We moreover wish James and his family the very best in retirement; and be it further

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     RESOLVED, That the Secretary of State be and hereby is authorized and directed to

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transmit a duly certified copy of this resolution to Mr. James V. Rosati.

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LC002885

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