Massachusetts Gov. Charlie Baker’s administration announced the appointment of Daniel R. Judson as new commissioner at the Massachusetts Division of Insurance.
Judson succeeds Joseph Murphy who stepped down from the post in December to join Coverys, a Boston-based provider of medical professional liability insurance and related services, as chief operating officer.
Judson is an attorney with over 25 years of experience in insurance in both the public and private sectors. He has been serving as president of Commonwealth Automobile Reinsurers, the high-risk pool for auto insurance in Massachusetts, for the last three years.
His prior experience includes serving as the compliance manager at Coverys and as a partner at the law firm of Morrison Mahoney LLP. Judson also spent 15 years at the Massachusetts Division of Insurance in a variety of positions including counsel, deputy commissioner and general counsel.
American International Group Inc. named Douglas M. Steenland as the company’s non-executive chairman effective July 1. Steenland will be AIG’s seventh chairman since 2005.
Steenland, the former CEO of Northwest Airlines Corp., succeeds Steve Miller, who is stepping down because of a guideline that limits the chairmanship tenure to no more than five years. Miller, who joined the AIG board with Steenland in 2009, will remain as a director at AIG.
Connecticut Insurance Commissioner Katharine L. Wade appointed John Thomson, director of the Connecticut Insurance Department’s Captive Insurance Regulation Division, as the Department’s deputy commissioner.
Thomson joined the Department in 2012 to develop a new Captive Insurance Unit. In those three years, the unit has licensed eight captive insurers and registered more than 180 risk retention groups. Thomson also manages the operations of the Department’s Business Office and is the Department’s LEAN Coordinator, overseeing the integration of efficient, cost-saving procedures.
The MEMIC Group, a workers’ compensation insurer based in Portland, Maine, announced the following senior promotions:
Jeff Funk has been promoted to president of the Northeast Region from vice president. He leads the continued development of business for the Northeast Region, which includes Connecticut, Massachusetts, New Hampshire, New York, Rhode Island, and Vermont.
Tod Austin has been promoted to president of the Atlantic Region from vice president of underwriting. Austin leads The MEMIC Group’s growth plans for the Atlantic Region, which includes Florida, Maryland, New Jersey, Pennsylvania, and Virginia.
Gregory Jamison has been promoted to senior vice president of underwriting from vice president of underwriting.
Matthew Harmon has been promoted to senior vice president of claims from vice president of claims. Harmon will oversee all claim-related activities for The MEMIC Group in his new role. He replaces John F. Marr who is retiring after 22 years of service with MEMIC.
Karl Siegfried has been promoted to senior vice president of loss control and safety services from assistant vice president of loss control and safety services for The MEMIC Group.
Specialty underwriting manager Victor O. Schinnerer & Company hired Matthew Kletzli as senior vice president and Management Liability Practice leader. Kletzli will be based in the firm’s Chevy Chase, Maryland, headquarters.
Kletzli joins Schinnerer from AIG where he spent the last 17 years in various roles spanning underwriting, management, and regional leadership. Most recently, he served as the head of the Multinational Risk Practice for Latin America. Prior to his multinational role, he was vice president of financial lines for the private and not-for-profit division with national and international responsibilities.
Insurance brokerage Rutherfoord, a Marsh & McLennan Agency LLC company, hired Wrenna Armwood as senior private risk account manager. Armwood is based in Rutherfoord’s Alexandria, Virginia, office.
Armwood’s main responsibilities are to service insurance programs; analyze existing programs to locate potential risk exposures; present alternative insurance products and services that offer the most comprehensive coverages for high net-worth individuals; review, prepare and deliver annual renewal summaries of insurance; and to act as a liaison between clients and insurance carriers.
U.S. Risk Insurance Group Inc. hired Gary M. Neidle as vice president and branch manager of a new Hartford, Connecticut, office of its affiliate company, U.S. Risk Underwriters Inc.
Neidle brings with him over 23 years of experience in the insurance industry. He specializes in professional and management liability risks, which will be his focus at U.S. Risk.
Topics USA Massachusetts Connecticut AIG
Was this article valuable?
Here are more articles you may enjoy.
Ryan Specialty Announces Succession Plan: Pat Ryan to Exec Chair, Turner to Be CEO 
German Insurtech Wefox to Replace CEO After Board Rejects Mubadala Sales Plan 
Big ‘I’ Report: Independent Agency Channel Placed 62% of Premiums in 2023 
As Rates Rise, Majority of Homeowners Say Insurance Industry Is in Crisis: Survey From This Issue
