NU Online News Service, Jan. 11, 1:11 p.m. EST

Grange Insurance said Robert V. James, 55, formerly of Bank of America, has been named president and chief executive officer.

Mr. James' appointment at the Columbus, Ohio-based insurer will become effective Jan. 18. Retiring president and CEO Phil Urban will serve in an advisory capacity until Feb. 26 for a "seamless transition of responsibilities," the company said.

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