CEO / Chief Executive
PCI Adds 3 to Washington Lobbying Operations
The Property Casualty Insurers Association of America (PCI) said it has added three new hires. Tom Glassic will join the association as vice president, policy and government relations; Nicole Austin ...
CNA to Sell Life, Group Insurance Unit to Wilton Re
CNA Financial Corp. said it would sell its life and group insurance business, on the same day that parent Loews Corp. reported a bigger quarterly loss, hurt by impairment charges. CNA said it was ...
Tower Group International CEO Lee Resigns; Fox Returning as CEO
Tower Group International, Ltd. (Tower) announced Friday that Chairman, President and Chief Executive Officer Michael H. Lee, has resigned from the company and the company's board of directors to ...
Travelers Increases Board to 12 Members; Ruegger Named a Director
Travelers Cos., the only insurer in the Dow Jones Industrial Average, increased the number of directors on its board from 11 to 12. The board elected Philip T. Ruegger III as a director, the insurer ...
How to Successfully Merge Cultures in M&A Deals
The level of merger and acquisition activity is projected to rise in 2014, and while most M&A transactions are driven by growth opportunities for property/casualty insurers, nothing can derail ...
FIO Chief McRaith Dismisses State v. Fed Debate as ‘Relic’
The state versus federal oversight discussion is a "binary debate" that is a relic of a bygone era, the director of the Federal Insurance Office told lawmakers at a Congressional hearing Tuesday. FIO ...
RSA Insurance Turns to Ex-RBS Boss Hester as CEO
RSA Insurance Group Plc hired former Royal Bank of Scotland Group Plc Chief Executive Officer Stephen Hester to lead the U.K. insurer, as it seeks to put a scandal at its Irish unit behind it. ...
AIG Ex-CEO Greenberg Loses Bid to Remove Judge From New York AG Case
Maurice "Hank" Greenberg, the former chairman of American International Group Inc., lost his bid to remove a judge from a lawsuit brought in 2005 by the New York state attorney general accusing him ...