Allstate Corp. announced today that Joseph Lacher Jr. has been named president of Allstate Protection, effective Nov. 30, 2009. Lacher will lead all of Allstate's property/casualty offerings, as well as serve as a member of the senior management team. He will report to Thomas Wilson, Allstate's chairman, president and CEO.
Lacher succeeds George Ruebenson, who will retire after nearly 40 years at Allstate. Ruebenson remains with the company through Dec. 31, 2009, and will work closely with Lacher to ensure a smooth and effective transition.
Prior to this, Lacher served as CEO of personal insurance and EVP at Travelers from 2002 to 2009. In 2006, he also assumed responsibility for small commercial insurance as the EVP of personal insurance and select accounts. During his tenure at Travelers, which began in 1991, Lacher held a variety of leadership positions, including SVP of pricing, product and underwriting for personal lines, SVP of strategic distribution for personal lines and CFO of select accounts."
"Joe's deep industry experience and track record of success will allow him to make an immediate contribution to driving progress," Wilson said.
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