Insurance CEOs News

APCapital’s WC Unit CEO Resigns

East Lansing, Mich.-based American Physicians Capital Inc. (APCapital) announced that Raymond Jacobsen, CEO of the company’s workers’ compensation business unit, has submitted his resignation effective immediately. APCapital’s President and Chief Executive Officer, William B. Cheeseman will oversee the workers’ compensation …

Schmalzriedt Appointed Chairman and CEO of ACE Overseas General

ACE Limited announced the appointment of Gary Schmalzriedt, currently president and CEO of ACE European Group, to the position of chairman and CEO of ACE Overseas General. In addition, Ed Clancy, currently president of Global Accident and Health (A&H), an …

Arch Capital Group Names Iordanou President and CEO

Arch Capital Group Ltd. announced that Constantine (Dinos) Iordanou will become president and CEO of Arch Capital Group Ltd., effective August 1, 2003. Iordanou will succeed Peter Appel, one of Arch Capital’s founders, who will remain on Arch Capital’s Board …

Ohio DOI Investigation Led to Indictment of Credit General CEO

An investigation initiated by the Ohio Department of Insurance led to a 16-count federal indictment yesterday of Robert J. Lucia, former CEO of Beachwood, Ohio-based Credit General Insurance Co., for alleged bank fraud, money laundering, and filing false income tax …

Financial Market Weakness Will Continue to Affect Results, Says Swiss Re CEO

In an in depth interview with Reuters News Agency, Swiss Re CEO, John Coomber said that the ongoing decline in equity values, coupled with low interest rates and the weakness of the U.S. dollar will continue to be a drag …

John Welch Joins CNA Surety as CEO

John F. Welch will join Chicago-based CNA Surety as president and chief executive officer, Board Chairman James R. Lewis has announced. Welch succeeds Mark C. Vonnahme, who announced his retirement earlier this year. Welch brings more than 24 years of …

21st Century Board Names Widdicombe CEO, Raises Dividend

Plantation, Fla.-based 21st Century Holding Company announced that Richard A. Widdicombe was appointed by its Board of Directors to serve as the company’s CEO. The Board also announced it will raise the company’s dividend by 29 percent from $.07 per …

Burns & Wilcox Chairman Reflects on Decades of Business

Recently, Insurance Journal sat down with Alan Kaufman, chairman, president, and CEO of the H.W. Kaufman Financial Group and its subsidiary, Burns & Wilcox Ltd. As chairman, Kaufman has played an active role through a number of mergers and acquisitions …

Burns & Wilcox Chairman Reflects on Decades of Business

Recently, Insurance Journal sat down with Alan Kaufman, chairman, president, and CEO of the H.W. Kaufman Financial Group and its subsidiary, Burns & Wilcox Ltd. As chairman, Kaufman has played an active role through a number of mergers and acquisitions …

Chairman of Conn. Insurance Real Estate Committee to Speak at CTYIP Breakfast

Gary Orefice, chairman of the Connecticut Legislature’s Insurance and Real Estate Committee, will be the guest speaker at the 2003 Connecticut Young Insurance Professionals’ Industry Partners Breakfast and Annual Sponsor Appreciation Program. The breakfast is to be held Thursday, June …