The hiring of former Bank of America executive Liam McGee as the new chief executive officer of the Hartford Financial Services Group “elevates outsourcing to a new and dangerous level,” charges Bob MacDonald, former CEO of Allianz Life of North …
Iowa-based United Fire & Casualty Company has announced the passing of J. Scott McIntyre Jr., chairman of the company for the past 34 years and son of the company’s founder. McIntyre passed away in his hometown of Cedar Rapids, Iowa, …
The news that Janet D. Frank was leaving her position as CEO of California’s State Compensation Insurance Fund occurred during a meeting of the board of directors of the California Workers’ Compensation Institute. It was greeted “with a universal feeling …
Zurich Financial Services Group has appointed Peter Rebrin (47, Brazilian) to the position of CEO for Zurich Latin America, effective October 1, 2009. He has been serving as interim CEO for Zurich Latin America since Jaime Paredes stepped down in …
Hartford Financial Services Group Inc. named a former Bank of America Corp. executive to be its new CEO, and he already has plans to introduce enhanced risk management after record losses at the 199-year-old insurer. Liam McGee, former head of …
Michael “Mike” R. Donohoe of Mankato, Minn., was installed as vice chairman of the Independent Insurance Agents & Brokers of America (the Big “I”) at the association’s recent Leadership Conference in New Orleans, La. Mike Donohoe is an owner and …
Marsh announced that Nicholas Bacon, currently Chief Operating Officer, is to become Chief Executive of Bowring Marsh, Marsh’s specialist international placement broker. He will succeed Mark Gregory, who is leaving the company to take up a senior position at a …
Brian Duperreault, president and CEO of Marsh & McLennan Cos. Inc., has extended his employment with MMC through January 2014. Duperreault has held this position since Jan. 30, 2008. Under the terms of the new agreement, Duperreault’s employment with MMC …
Lloyd’s of London Chairman, Lord Peter Levene, strongly defended the important role financial services play in the UK’s economy in general and in the City of London in particular. Levene chastised policymakers, commentators, theorists and bloggers who have called for …
Bailed-out insurer AIG told its new chief executive Robert Benmosche that he could not use the company-owned jet for his personal use, Bloomberg News reported. Citing unnamed sources, Bloomberg said AIG’s board told Benmosche he would only be able to …
