Insurance CEOs News

Willis Ltd. CEO Bucknall to Retire; Margrett Will Succeed

Willis Group Holdings Limited announced that after a 40 year career in the insurance broking business, 21 of which with Willis, Richard Bucknall, vice chairman of the Group and chairman and CEO of Willis Limited, the company’s UK business unit, …

Barrette Takes over as Chairman, CEO of White Mountains

The Bermuda-based White Mountains Insurance Group has elected Ray Barrette as Chairman and CEO, effective immediately. He succeeds Jack Byrne, who has retired from the Company, as Chairman and Steve Fass as CEO. Byrne commented: “With great regret, I must …

Lloyd’s Chairman Praises Indian Initiative to Open Markets

Gordon Brown, The UK’s Chancellor of the Exchequer (Finance Minister) and odds-on favorite to succeed Tony Blair as Prime Minister, has apparently come away with some success during his working visit to India. Despite being somewhat overshadowed by the controversy …

CEO Storms Seeks Bigger Role in Risk Management for Marsh

Marsh Inc. already is one of the world’s largest insurance brokers, but its chairman and chief executive, Brian M. Storms, wants to increase its role in the risk management business. As Storms sees it, Marsh should be “the No. 1 …

Minn. SFM President, CEO Announces Plans to Retire

SFM President and CEO Pat Johnson plans to retire in 2007, the company announced today. Johnson, assumed the role of president and CEO in 1992. SFM describes itself as the largest writer of workers’ compensation in Minnesota and a growing …

Pinnacol CEO Named President of AASCIF

The American Association of State Compensation Insurance Funds (AASCIF) has named Pinnacol Assurance CEO Ken Ross as its 2007-2008 president. AASCIF is an association of workers’ compensation insurance companies from 27 states, plus 10 Canadian workers’ compensation boards. In the …

HMAA Elects Mullen Director, President and CEO

The board of HMAA, a health-care insurance provider for Hawaii small businesses, has elected J. Terrence “Terry” Mullen as director, president and CEO. Mullen succeeds Arnold “Arnie” Baptiste Jr. as president and CEO. Baptiste resigned to focus on running his …

Calif. Workers’ Comp Commission Elects Wilson Chairman

The California Commission on Health and Safety and Workers’ Compensation has elected Commissioner John C. Wilson chairman. Wilson is a contract accreditation consultant to the California Association of Joint Powers Authorities and has held positions with the California Chamber of …

Minn. Taco John’s CEO Offers to Pay Medical Bills for E. Coli Victims

The head of Taco John’s International offered this week to pay medical bills for customers who got ill from E. coli bacteria at three of the chain’s Mexican restaurants. Some 76 people were sickened after eating at Taco John’s in …

Ohio National Interstate Corp. Names New Chairman, President

Ohio-based National Interstate Corp. recently announced that effective Jan. 1, 2007, Alan R. Spachman will become its chairman and chief executive officer and David W. Michelson will be promoted to the position of president and chief operating officer. National Interstate …