Michael McGavick News

XL to Aid China Quake Relief

Bermuda’s XL Capital Ltd. announced that it will be contributing to the disaster relief effort for those affected by the recent earthquake in Sichuan Province in China. The Company said it would “provide funds to rebuild a school and library, …

XL Holds ‘Global Day of Giving’

Bermuda’s XL Capital Ltd. is holding its third annual employee volunteer day — known as the “Global Day of Giving” — today Wednesday, May 21. The day is dedicated to supporting the communities in which XL companies operate. XL said …

People

Patrick G. Ryan, founder and executive chairman Aon Corp., said he intends to retire Aug. 1, 2008. Ryan said the firm’s transition to a new management team under CEO Greg Case is complete. Ryan founded Aon, which has its origin …

People

Agency Specialty Product Network, a unit of Aon Corp., has named five new regional vice presidents. Rob Romano will head the Northeast Region, which comprises Connecticut, Maine, Massachusetts, New Hampshire, Rhode Island, Vermont, New York City and Long Island. Romano …

People

The Governing Board of the California Earthquake Authority has hired Glenn A. Pomeroy as CEO. Pomeroy has extensive experience in public service positions, including former commissioner of insurance of North Dakota. In addition, Pomeroy has served as North Dakota securities …

People

Patrick G. Ryan, founder and executive chairman of the largest insurance intermediary, Aon Corp., said he intends to retire from Aon effective Aug. 1, 2008. “After 41 years as CEO and three years as executive chairman, it is time to …

XL Chooses Ex-Safeco CEO McGavick to Replace O’Hara

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 …

Election time … is it more blessed to receive?

This issue of Insurance Journal will come out the day before the nationwide elections. By the time you receive your magazine or get the opportunity to read it, the results will be in and you will know who won in …

Insurance political contributors favor Republicans

Four of six top official recipients from the Midwest Insurance-related contributors to this year’s midterm Congressional races are favoring Republicans 2-to-1 over Democrats while the overall total given by insurance interests appears down from two years ago. According to the …

Insurance political contributors favor Republicans

Insurance-related contributors to this year’s midterm Congres-sional races are favoring Repub-licans 2-to-1 over Democrats while the overall total given by insurance interests appears down from two years ago. According to the non-partisan Center for Responsive Politics, insurance political action committees …