PCI’s Csiszar Announces Resignation

Gerald Whitburn, chairman of the Board of Governors of the Property Casualty Insurers Association of America (PCI) and president and CEO of Church Mutual Insurance Company, announced today that Ernie Csiszar will resign as president and chief executive officer of the association effective Sept. 30, 2006. Csiszar was appointed to the position in September 2004.

“Ernie has done a fine job of establishing PCI as a major player in our industry at a critical time,” said Whitburn. “He’s brought great energy on a wide variety of issues and leaves PCI well-positioned to advance its important public policy agenda consistent with its mission. We are grateful for the contribution he’s made to the association’s success.”

Csiszar indicated that he plans to pursue a variety of personal and professional interests following his tenure at PCI.

“I’ve been a lawyer, a college professor, an investment banker, an insurance company CEO, a regulator, and a trade association executive,” said Csiszar. “And I’ve enjoyed each phase of my career. I plan to continue to work within the financial and insurance industries. I leave PCI in the capable hands of a strong board and a talented staff.”

Whitburn indicated that a national search for a new CEO will begin immediately. In the meantime, the Board of Governors has appointed June Holmes, PCI’s current chief operating officer, to serve as the interim CEO of the organization.

Source: PCI