WASHINGTON–Marc Racicot, American Insurance Association president and chief executive officer, is resigning his position as of February 2009, and will be replaced by AIA Chief Operating Officer Leigh Ann Pusey.
The resignation was announced today following a meeting of the trade group's board in Washington, D.C., by AIA Chairman Evan Greenberg, the CEO of Ace Ltd.
Mr. Racicot was not available for comment on his future plans.
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