Insurance CEOs News

AIG Rejects Ex-CEO Greenberg’s ‘Crisis’ Call for Delay of Annual Meeting

Maurice “Hank” Greenberg, former chief executive of American International Group, has said the insurer is in “crisis” and urged a delay in its annual general meeting scheduled for Wednesday, according to a letter he sent to the board. But AIG …

Kotarba to Retire; McPartland Named Golden Eagle President, CEO

Golden Eagle Insurance, a Liberty Mutual Agency Markets regional company, appointed Pete McPartland to president and CEO. McPartland comes to Golden Eagle Insurance from General Casualty in Sun Prairie, Wis., where he led insurance operations for QBE Regional Insurance as …

Markel Corp. Names Markel, Vice Chairman; Springman, President

Markel Corp. named Anthony F. (Tony) Markel as vice chairman and Paul W. Springman as president and chief operating officer. Markel has been associated with Markel Corp. for more than 40 years, most recently serving as president and chief operating …

Medicus Insurance Names Shea President, Davidow CEO

Medicus Insurance Co. named Eugenie Shea is president and chief operating officer. She will also serve as executive vice president of the parent company, Medicus Insurance Holdings Inc. Additionally, Sheldon Davidow has assumed the role of CEO of the medical …

Breitstone Named CEO of Aon’s ASPN

Aon Corp. announced that Peter Breitstone, an independent agent, has been appointed president and chief executive officer of its marketing affiliate to independent agents, Agency Specialty Product Network Insurance Services, Inc., (ASPN). Jerry Tegan, who has served as president and …

Maxum Specialty Names Turner as President and CEO

Maxum Specialty Insurance Group, based in Duluth, Ga., appointed F. Marshall Turner, II, as the president and CEO of Maxum Indemnity Co. and Maxum Casualty Insurance Co. His appointment is effective May 5, 2008. Turner will serve as a director …

Thornton Named Chairman of Berkley Regional; Rohde President of Acadia

W. R. Berkley Corp. has named William M. Rohde, Jr. president of Acadia Insurance Co., succeeding Bill Thornton, who will now serve as chairman of Berkley Regional Specialty Insurance Co. Walter E. Stradley remains president of Berkley Regional Specialty. The …

Willis Energy Chairman Analyzes Hazard Risk Management

Speaking at the recent World National Oil Companies Congress in London, Phillip Ellis, Chairman of Willis Energy, a division of Willis Group Holdings, presented hazard risk management as a guard against shocks that can destroy companies. Ellis pointed to “war …

Hub International Arizona Names Hartley President, Milne Chairman

Chicago-based Hub International Ltd. annouced that Tom Hartley has joined Hub International Arizona (HUB Arizona) as president. Richard Milne, the former HUB Arizona president, has been named chairman of HUB Arizona and will be responsible for strategic merger and acquisition …

AIG Cuts CEO Sullivan’s Pay 48% to $14 Million

American International Group, the world’s largest insurer, cut Chief Executive Martin Sullivan’s 2007 pay by about 48 percent from 2006, to $13.93 million, according to a regulatory filing late Friday. Sullivan, who is entering his third year as AIG chief, …