Insurance CEOs News

Massey CEO Accuses Feds of Lying in West Virginia Mine Probe

The embattled chief executive of Massey Energy has accused federal regulators of not making a genuine effort to investigate the explosion that killed 29 miners and injured two at the company’s Upper Big Branch mine in West Virginia. Instead, the …

Canal Insurance Names Firstenberg President, CEO

David J. Firstenberg is joining Greenville, South Carolina-based trucking insurer Canal Insurance Co. as president and chief executive officer. Firstenberg succeeds John Pollock, who has served as interim CEO since the retirement of Charles M. Timmons, Jr. in December 2009. …

Horwitch Named Co-CEO of JMB Insurance

Chicago-based broker JMB Insurance has named Matthew Horwitch as co-CEO. Horwitch will lead the company side-by-side with co-CEO Ken Sacks. Horwitch has 25 years of experience in the industry. He founded his own agency in 1988, which was acquired by …

Byrne Elected to Succeed Clements as Integro Chairman

John (Jack) Byrne, who has led Fireman’s Fund and its former parent company, White Mountains Insurance Group, as well as GEICO, has been elected chairman of the board of the New York- based brokerage Integro. Byrne, who joined the board …

Paschoal Named Marsh Brazil CEO

Marsh announced that Eugênio Paschoal has been appointed as the new CEO of Marsh Brazil effective January 1, 2011. He will be based in São Paulo, and will be responsible for driving Marsh Brazil’s operating model and ambitious expansion strategy. …

Former North Dakota Blue Cross Blue Shield CEO Found Dead

Mike Unhjem, a longtime Blue Cross Blue Shield of North Dakota chief executive who was fired last year because of publicity about an employee trip to the Grand Cayman Islands, was found dead at his Fargo home, police said Sept. …

Matza to Serve as CEO at Preferred Professional Insurance

Preferred Professional Insurance Co., an Omaha, Neb.-based Catholic-owned medical liability insurance firm, announced that Lynnette Matza, CPA, has been appointed as PPIC’s next chief executive officer effective Jan.1, 2011. Matza will succeed T.J. McKivergan. Matza has been with the company …

BMS Names Beardmore New CEO

BMS, the London-based specialist insurance group, announced the appointment of Carl Beardmore as CEO of BMS Associates Ltd, the group holding company, subject to the approval of the UK’s Financial Services Authority (FSA). The bulletin noted that he has “been …

Ex-AIG CEO Sullivan Joins Willis Group

Former AIG Chief Executive Officer Martin Sullivan, who was ousted three months before the U.S. government bailed the insurer out, is joining Willis Group Holdings PLC, the insurance broker said on Wednesday. Sullivan will head a new unit that will …

AIG Settlement Covers $60 Million of Ex-CEO, Ex-CFO Costs

Former longtime AIG chief Maurice “Hank” Greenberg and another former executive will get $60 million from the company’s insurers to cover legal and other costs as part of a proposed settlement of investor lawsuits, court papers show. The payouts to …