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W. R. Berkley Corporation announced that Louis Lubrano has been named president of Berkley Product Recall Management, bringing with him more than 30 years of property/casualty insurance industry experience, including more than 10 years as a crisis management leader. Philip Rorty has been named chief underwriting officer, bringing with him nearly 40 years of insurance and risk management experience as both an insurance leader and a corporate risk manager. Tamra Maupin will join as chief operating officer, bringing more than 15 years of experience in the insurance market. They join W. R. Berkley’s new division, Berkley Global Product Recall Management.

American International Group, Inc. (AIG) announced the appointment of Douglas A. Dachille as Executive Vice President and Chief Investment Officer. Dachille will join AIG’s Operating Committee. Prior to joining AIG, Dachille served as Chief Executive Officer of First Principles Capital Management, LLC for 11 years. His career began at JPMorgan Chase & Co., where he held various positions, including Global Head of Proprietary Trading and co-Treasurer, and built the Hybrid Derivatives business.

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