NCCI President Resigns After Flag Flap

The board of NCCI Holdings has accepted the resignation of Bill Schrempf as president, chief executive officer and board member of the workers' compensation services company, effective immediately, following a controversy over the display of American flags by employees at NCCI's offices.

The announcement comes just weeks after Mr. Schrempf and the Boca Raton, Fla.-based National Council on Compensation Insurance became the targets of criticism after news of a Sept. 14 memo Mr. Schrempf had issued, prohibiting displays of flags in employee cubicles, was reported in a local newspaper.

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