Insurance CEO Buys Actress Lange’s Minnesota Home for $1.8 Million

The buyers of Jessica Lange’s home in Stillwater, Minn. have been revealed.

According to the Washington County Assessor’s Office, the buyers are Patrick and Jane Thiele. Patrick Thiele is a former top executive at The St. Paul Cos.

The home of Lange and Sam Shepard was sold in September for $1.8 million. At that time, the names of the buyers weren’t disclosed.

Patrick Thiele has been the CEO of Bermuda-based reinsurer PartnerRe since 2000. Reinsurers sell insurance to insurance companies to spread out their risk. He worked for The St. Paul Cos., now Travelers, for 20 years.

Lange, a Cloquet native, bought the former bed-and-breakfast in 1994 for $415,000. She and Shepard lived there about nine years and raised their three children there.

When the estate was offered for sale in 2004, the price was $3.3 million.

Latest Comments

• December 13, 2008 at 5:59 am

  integrity says:

  very much the exception to the integrity of the reinsurance business
• December 13, 2008 at 5:55 am

  cannot handle it says:

  Converium was the only major reinsurer to have serious financial trouble (from which ... PartnerRe's CEO Patrick Thiele,
• December 13, 2008 at 5:44 am

  if a reinsurer backs away from says:

  Imagine said it is responsible only for the $112 million it has paid Penn Treaty, while the insurer says it is due $140 million, Cameron Waite, executive vice president of str... read more