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July 2025

Hartford names successor to retiring CRO

Hartford has promoted Prateek Chhabra to succeed Robert Paiano as chief risk officer of Hartford, effective Sept. 1, 2025. Paiano will retire from the company at the end of the year following 29 years of service. In his new role, Chhabra will report directly to Christopher Swift, chairperson and chief executive officer at Hartford, according to the company.

Travelers president: Company focused on return to personal auto growth

Travelers Cos. is focused on returning personal automobile insurance to growth after year-over-year policies in force declined 3%, according to Personal Insurance President Michael Klein.

Liberty Mutual announces New York construction exclusion

If you write contractor business in Connecticut or New Jersey with Liberty Mutual, there’s an important change coming that could affect your clients—and your book of business. As part of its efforts to manage risk exposure in New York, Liberty Mutual has announced that it will begin applying a New York construction exclusion to general liability coverage, including package, BOP, excess, and umbrella policies, issued in Connecticut and New Jersey.

AIG names former Lloyd's CEO as its new president

American International Group named John Neal as president, effective Dec. 1. In his new role, Neal will lead AIG's general insurance organization, which includes the North America commercial insurance, international commercial Insurance and global personal insurance businesses.