W. R. Berkley Corp. announced the appointment of Scott R. Barraclough as president of its excess and surplus lines insurer, Admiral Insurance Barraclough is succeeding Steven S. Zeitman, who has been named chairman. The appointments are effective immediately. Barraclough joined …
Global insurance broker Lockton has chosen insider Glenn A. Spencer as its next president and chief executive officer, effective May 1, 2017. Spencer will succeed John L. Lumelleau, who has led Lockton as president and CEO since 2002 and through …
Erie Indemnity Co., the managing company for Erie Insurance, has named Timothy G. NeCastro as Erie Insurance’s president and CEO-designate effective June 1. NeCastro is a 20-year veteran of the company. He will succeed current President and CEO Terrence W. …
Three senior executives of specialty transportation insurer Baldwin & Lyons have abruptly retired and the insurer said it has retained independent legal counsel to review issues raised by their departures. For now, the Indiana-based company is disclosing few details about …
General Reinsurance Group is getting a new CEO: Berkshire Hathaway reinsurance senior executive Kara Raiguel, who is described by her boss as a “secret weapon,” “zero maintenance,” and a “true renaissance woman in the insurance and reinsurance industry.” Ajit Jain, …
The Hanover Insurance Group today announced that it has named Joseph M. Zubretsky president, chief executive officer, and director effective June 20. He succeeds Frederick H. Eppinger, who last fall announced his intention to retire. Zubretsky, 59, has 35 years …
Among the insurance-related highlights of Berkshire Hathaway’s annual meeting in Omaha, Neb. was Warren Buffett’s answer to a question about succession planning for subsidiaries. “There are no tea leaves to read in the fact that Ajit [Jain] is supervising Gen …
General Reinsurance Corp. Chairman and CEO Tad Montross plans to step down by the end of 2016, the Berkshire-Hathaway-owned reinsurer said on Tuesday. An eventual successor will report to Berkshire Hathaway executive Ajit Jain, Gen Re spokesperson Sue Johnson told …
During 2015, a surprising number of top executives of property/casualty insurance carriers stepped down, opening the door for new leaders at the helm of some of the industry’s best-known brands. The replacements and successions happened for a variety of personal …
Long-time Chubb Insurance executive Dino E. Robusto will become chairman and chief executive officer of CNA Financial Corp. in December 2016. Robusto, who is executive vice president of Chubb and president of commercial and specialty lines, will succeed Thomas F. …
