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Insurance 2025: SPIRO, RICHARD G. ‘RICKY’
With more than 30 years of experience in insurance and financial services, Spiro has led the Henrico County-based property, casualty and employee benefits insurance brokerage and advisory firm since 2017. A portfolio company of Washington, D.C.- based Carlyle Group, The Hilb Group has more than 2,400 employees. The firm celebrated its 15th anniversary in 2024 […]
Insurance 2025: SCHIAVON, ALBERTO
In April, the U.K.-based Admiral Group announced plans to sell Henrico County-based auto insurer Elephant Insurance to J.C. Flowers & Co., a New York-based private investment firm. Subject to regulatory approval, the deal is expected to close in the fourth quarter. Schiavon, who has led the insurer since 2017, stayed on as CEO, continuing to […]
Insurance 2025: RUSSELL, W. DOUGLAS
The leader of the TowneBank insurance subsidiary since 2021, Russell oversees more than 500 professionals located across Virginia, North Carolina and South Carolina. Founded in 2001, Towne Insurance offers property and casualty insurance, workers’ compensation, bonding and employee benefits, as well as home, auto, umbrella and flood insurance. It brought in $118.5 million in 2024 revenue. [[...]
Insurance 2025: SCHMUDE, MONICA
Schmude was tapped to lead Anthem in Virginia in 2023. Before that, she spent almost 13 years at Cigna in different leadership positions, including serving as president of its mid-Atlantic market, which covered Virginia, Maryland and Washington, D.C. Schmude, who has a degree in industrial and organizational psychology with a concentration in women’s studies from the […]
Insurance 2025: LUCIA, FRANK
Since 2017, Lucia has led Delta Dental of Virginia, one of the state’s largest dental benefits providers, and its holding company, Corvesta. Established in 1964, Delta Dental of Virginia provides dental plans to more than 2 million members. The Delta Dental of Virginia Foundation, a public charity created by the company in 2012, works to […]
Insurance 2025: BROWN, TOM
In 1916, Thomas Rutherfoord launched an insurance agency in Roanoke. Fast-forward to 1979, and Rutherfoord’s grandson, Brown, started his own insurance career at the family business. In 1983, Brown moved from the Star City to Richmond to open a Rutherfoord office. He became president of the company in 1998 and CEO in 2004. In 2010, […]
Insurance 2025: McINERNEY, THOMAS J.
Genworth dropped off the Fortune 500 in 2025, slipping to No. 507. The insurer posted 2024 revenue of about $7.3 billion, down about 2.58% from 2023. Even so, McInerney, who has led Genworth since 2013, says he’s “very proud of the progress we’ve made and the momentum we’re building.” In 2023, the company launched the CareScout […]
DOJ withdraws from Sentara investigation
The federal government is withdrawing from intervening in a whistleblower complaint against Sentara Health.
USAA to expand in Chesapeake, add 500+ jobs
USAA announced Thursday that it has purchased a larger office space in Chesapeake and that it will add more than 500 employees.
Molina Healthcare to close Henrico office, laying off 268 workers
Molina Healthcare, a Fortune 500 company that manages health care services for Medicaid and Medicare recipients, is closing its Henrico County office and laying off 268 workers.
UnitedHealth Group CEO steps down as company lowers, then withdraws financial outlook for 2025
UnitedHealth CEO Andrew Witty steps down amid rising costs. The insurer suspends its 2025 outlook; shares drop 16% after months of instability.
Henrico-based Elephant Insurance to be sold
The U.K.-based Admiral Group is selling Henrico County-based auto insurer Elephant Insurance to J.C. Flowers & Co., a New York-based private investment firm, according to a Tuesday announcement. The deal is for “an undisclosed cash consideration … representing approximately the net asset value of Elephant,” a news release stated. That value is believed to be […]
