NU Online News Service, Jan. 28, 12:49 p.m. EST

Columbus, Ohio-based Grange Insurance announced that its chief executive officer resigned today and will be replaced by Grange's chief financial officer, Tom Welch.

The provider of auto, home, life and business insurance protection said Bob James is retiring and heading to the West Coast to fulfill family obligations after serving as president and chief executive officer for a year. “It is with great sadness that I leave such a great organization, and I wish everyone at the company the best in the future,” said Mr. James.

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