Terrie E. Troxel, president and chief executive officer of the American Institute for CPCU and the Insurance Institute of America, announced that after seven years in his post he will resign on Monday.

The Malvern, Pa.-based group said the institutes' board will conduct a national search to find a successor for Mr. Troxel, and in the interim has named Peter L. Miller, the institutes' executive vice president, to serve in the post on an acting basis.

An insurance professional and educator, Mr. Troxel became the institutes' fourth president and CEO in June 1998.

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