April 4, 2008
Robert Courtemanche has been named chief executive officer of ACE Private Risk Services. Courtemanche, based in Madison, N.J., will direct the overall growth and profitability of ACE’s personal insurance lines, including ACE Recreational Marine and Private Risk Services, which provides …
March 27, 2008
American International Group Inc., the world’s largest insurer, has filed a complaint in New York Supreme Court against former Chief Executive Maurice “Hank” Greenberg and six other former directors and officers, accusing them of breaching their fiduciary duty. The legal …
March 18, 2008
The Governing Board of the California Earthquake Authority (CEA) announced the hiring of Glenn A. Pomeroy as the CEA’s CEO. He will assume the position on April 1. Pomeroy has extensive experience in public service positions, including former commissioner of …
March 18, 2008
Willis Chairman and CEO Joe Plumeri concluded a series of discussions on mega-trends in the insurance industry sponsored by the Insurance Institute of London (IIL) at Lloyd’s last week. He told his audience that “one of the biggest challenges facing …
March 17, 2008
Bermuda-based Montpelier Re Holdings Ltd. has announced the appointment of Christopher L. Harris as Chief Executive Officer, effective July 1, 2008. He will succeed Anthony Taylor who, as previously announced, will assume the role of Executive Chairman until December 2009. …
March 17, 2008
Robert M. Bryant, president and chief executive officer of the National Insurance Crime Bureau (NICB), recently announced the appointment of Joseph H. Wehrle, Jr., as senior vice president and chief operating officer for NICB. From 2003 – 2007, Wehrle was …
March 17, 2008
XL Capital Ltd. has named Michael S. McGavick as its next CEO. He will officially join XL on May 1, succeeding Brian M. O’Hara, XL’s CEO for the last 13 years, who announced in October 2007 that he would retire …
March 12, 2008
A former North Dakota workers’ compensation director and a one-time state House majority leader are among those interested in serving as a temporary chief executive at Workforce Safety and Insurance, agency directors said. Another potential candidate, Heidi Heitkamp, a former …
March 10, 2008
The directors of North Dakota’s workers’ compensation agency will consider choosing an interim chief executive officer, and may hire someone within a week, state officials say. Former Insurance Commissioner Jim Poolman and Bruce Furness, the former mayor of Fargo, have …
March 10, 2008
New York Gov. Eliot Spitzer, embroiled in a sex scandal that could force his resignation, made his reputation by prosecuting some of the most powerful players on Wall Street in the wake of the dot-com bubble collapse. The New York …