People: The Allstate Corporation (ALL)

Mr. Joseph P. Lacher, Jr. has been appointed as President of Allstate Protection of The Allstate Corporation effective November 30, 2009. From 2002 to 2009 he served as the chief executive officer of Personal Insurance and executive vice president at Travelers. In 2006 he also assumed responsibility for small commercial insurance as the executive vice president of Personal Insurance and Select Accounts. These businesses represent approximately 45 percent of Travelers' premiums. During his tenure at Travelers, which began in 1991, he held a variety of leadership positions, including senior vice president of Pricing, Product and Underwriting for Personal Lines, senior vice president of Strategic Distribution for Personal Lines and chief financial officer of Select Accounts.