June 1, 2009

Neal S. Wolin has been confirmed by the U.S. Senate to serve as the deputy secretary of the U.S. Department of the Treasury.

In February, Wolin was named deputy assistant to the President and deputy counsel to the President for Economic Policy. Wolin served as general counsel of the Treasury from 1999 to 2001 and as deputy general counsel from 1995 to 1999. He previously served as executive assistant to the National Security Advisor, Deputy National Security Advisor and Deputy Legal Advisor to the National Security Council.

From 2001 to 2008, Wolin served at The Hartford Financial Services Group, Inc., most recently as president and chief operating officer for Property and Casualty and previously as general counsel. Earlier in his career, he also worked in private law practice at Wilmer, Cutler & Pickering in Washington, D.C.

Michael J. Morrissey has been appointed president and chief executive officer of the New York-based International Insurance Society Inc. (IIS). Morrissey previously served as chairman and chief executive officer of Firemark Investments. As a founder of Firemark, Morrissey also served as chief investment officer and portfolio manager of the Firemark Tiger Fund. He has advised insurance company management and served on several insurance company boards, as well as chairing the firm’s fund boards. He is also a director of Selective Insurance Group Inc., and CGA Group Ltd. Morrissey succeeds Patrick W. Kenny, who will retire in June. Kenny has served as IIS president and CEO since 2001.

Burns & Wilcox reported that Kendra Corman has joined the company as its new marketing director. Corman is responsible for managing advertising and marketing initiatives, which includes overseeing new product launches and developing e-mail marketing strategies, agent incentive programs and advertising campaigns.

Prior to joining Burns & Wilcox, Corman was the advertising manager for Jeep at Chrysler LLC. She was responsible for directing the print, television and online advertising programs as well as the launch of the Jeep Patriot and Liberty.

Tom Elder has joined the All Risks’ National Specialty Programs unit as the lead financial institutions underwriter for the new nationwide REO/Foreclosure and Lender Placed Property Insurance Program. At Maryland-based All Risks, he will target commercial banks, credit unions, savings and loans, mortgage banks, and financial institutions that service and/or invest in mortgage loans.

Previously, Elder worked for MetLife Bank as a reverse mortgage consultant. Prior to that, he owned a mortgage company for six years.

Georgia-based Britt/Paulk Insurance earned the Target Markets Program Administrators Association’s (TMPAA) Best Practice Designation at the association’s recent meeting in Baltimore. Program administrators qualify for the TMPAA Best Practices designation program by seeking out greater efficiencies in the way they currently do business and serving as a best in class operation. The process includes surveys, onsite evaluations by experts and a final report.

Liberty International Underwriters, a division of Liberty Mutual Group, named Tim Kania as senior vice president of construction for its North and South America operations. An insurance executive for more than 20 years, Kania is also a licensed professional engineer. In his new position, Kania will focus on the energy and heavy industries segments as well as construction all-risk projects.

American Specialty Insurance & Risk Services Inc., a wholly owned subsidiary of Florida-based Brown & Brown Inc., has named Tony L. Wittwer president of the Indiana-based sports, motorsports and recreation specialty insurance company. Wittwer joined American Specialty in September 2006 and previously served as executive vice president and chief marketing officer. He brings 20 years of specialty insurance and senior executive expertise, including serving as president and CEO of K&K Insurance Group Inc.

American Specialty’s senior vice president of Client Services, Drew Smith, will be assuming Wittwer’s previous role as chief marketing officer. Smith joined American Specialty in May 1997 as an account executive and has held a number of positions over the last 12 years. Smith is responsible for managing corporate marketing initiatives, including recruiting and training of the marketing staff.

Jack M. Rader, executive vice president and chief operating officer of Farmers Alliance Companies in McPherson, Kan., was elected chairman of the American Association of Insurance Services (AAIS). Rader succeeds James W. Sullivan, president and CEO of Co-operative Insurance Companies, Middlebury, Vt., who remains on the board.

Christopher P. Taft, president and CEO of Preferred Mutual Insurance Co., New Berlin, N.Y., was elected AAIS vice chairman to succeed Rader. In addition, R. Douglas Haines, president and CEO of Buckeye Insurance Group, Piqua, Ohio, was elected a member of the AAIS board.

The other AAIS board members are: Edward T. Berg, president and CEO of Pharmacists; Mutual Insurance Co., Algona, Iowa; Roy Bubeck, president and CEO of Badger Mutual Insurance Co., Milwaukee, Wis.; Stuart C. Henderson, president and CEO of Western National Insurance Group, Edina, Minn.; Judy S. Jackson, president and CEO of NLC Insurance Companies, Norwich, Conn.;

Jeffrey B. Kusch, president and CEO of Austin Mutual Insurance Co., Maple Grove, Minn.; and Paul Baiocchi, president and CEO of AAIS.

AAIS is a national advisory organization based in Wheaton, Ill., that develops policy forms and rating information used by more than 600 property/casualty insurers.

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Insurance Journal West June 1, 2009
June 1, 2009
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