Employers Holdings, Inc. (NYSE:EIG) today announced that effective August 25, 2013, Stephen V. Festa will become executive vice president, chief operating officer, overseeing all of EMPLOYERS workers’ compensation business. Festa currently serves as senior vice president, chief claims officer, a position he has held with EMPLOYERS since 2004. He will be located in EMPLOYERS headquarters in Reno, Nevada.
Festa has over 30 years of experience in the insurance industry, principally in the areas of claims, loss control and premium audit. Additionally, he currently serves as the chairman of the Board of Governors of the California Insurance Guarantee Association (CIGA).
In making today’s announcement, Douglas D. Dirks, president and chief executive officer of Employers Holdings, Inc., said, “We are pleased to have Steve join the executive management team in this critically important role. His highly respected wealth of experience, leadership capabilities, and executive skills will help propel EMPLOYERS to its next level.”
Stephen Festa commented, “I am excited about this opportunity to lead the insurance operations of EMPLOYERS and look forward to continuing and expanding upon the strong track record of success that our organization has achieved over its 100 years of existence.”About Employers Holdings, Inc. Employers Holdings, Inc. is headquartered in Reno, Nevada and listed on the New York Stock Exchange (NYSE:EIG). EMPLOYERS is a holding company with subsidiaries that are specialty providers of workers' compensation insurance and services focused on select small businesses engaged in low-to-medium hazard industries. The company, through its subsidiaries, operates coast to coast. Insurance is offered by Employers Insurance Company of Nevada, Employers Compensation Insurance Company, Employers Preferred Insurance Company, and Employers Assurance Company, all rated A- (Excellent) by A.M. Best Company. Additional information can be found at: www.employers.com. Copyright © 2013 EMPLOYERS. All rights reserved.