succession planning News

Argo Group Announces New Reporting Structure for Americas

Argo Group International Holdings Ltd., the Bermuda-based re/insurer, announced formation of a new reporting structure led by newly appointed executive vice presidents, who will report to Kevin Rehnberg, president, group chief administrative officer and head of the Americas for Argo. …

Uncertainty Follows Grief When Small Business Owners Die Without Succession Plans

When Jim McLaughlin died suddenly from a heart attack at age 64, his family assumed they would have to close his homebuilding business. He’d made no plans for someone to succeed him at McLaughlin Construction, and there was no employee …

Erie Insurance Names NeCastro to Succeed Cavanaugh as Next CEO

Erie Indemnity Co., the managing company for Erie Insurance, has named Timothy G. NeCastro as Erie Insurance’s president and CEO-designate effective June 1. NeCastro is a 20-year veteran of the company. He will succeed current President and CEO Terrence W. …

Business Owners Failing to Plan for Unexpected Events: Study

Many business owners think they are good decision makers but they fail to address essential long-term business planning that is critical to sustaining their businesses for the long-term. While they feel they want to protect their businesses and families, they …