Allstate Corp. (ALL) announced that it has appointed Joseph Lacher as president of Allstate Protection, succeeding George Ruebenson who is retiring after nearly 40 years of service to Allstate. Ruebenson remains at Allstate through December 31, 2009 and will work closely with Lacher to ensure a smooth and effective transition.
In this role, Lacher will lead all of Allstate's property and casualty offerings serving over 17 million American households. He will serve as a member of the senior management team and report to Thomas Wilson, Allstate's chairman, president and chief executive officer. Lacher will join Allstate effective November 30, 2009.
From 2002 to 2009 Lacher served as the chief executive officer of Personal Insurance and executive vice president at Travelers. In 2006 he also assumed responsibility for small commercial insurance as the executive vice president of Personal Insurance and Select Accounts.
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