Merton J. Segal, founder and chairman of Meadowbrook Insurance Group, will retire at the end of this month, the carrier announced Friday. Segal, 79, founded Meadowbrook in 1955 as Meadowbrook Insurance Agency in Oak Park, Michigan, the company said in a press release. Under his leadership, Meadowbrook grew from a start-up local retail agency into a specialty risk-management insurance company.Segal will continue to serve on the board of directors as a non-executive chairman and will also be a consultant to the company effective Oct. 1. "Retiring at a time of record sales and profitability provi...
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