Canal Insurance Company Selects New CFO

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Apr 24, 2012, 03:00 ET

GREENVILLE, S.C., April 24, 2012 /PRNewswire/ -- David J. Firstenberg, President and Chief Executive Officer of Canal Insurance Company, announced that John N. DiBlanda has joined Canal as Senior Vice President and Chief Financial Officer.

(Logo: http://photos.prnewswire.com/prnh/20120424/CL93490LOGO)

Mr. DiBlanda has more than 30 years experience in the insurance industry and has served in executive positions at Delos Insurance, Gallagher Re, Centre Reinsurance and KPMG. Prior to accepting the position at Canal, he was Executive Vice President and Chief Operating / Financial Officer at Valiant Insurance Group, the US Operations of the Bermuda based Ariel Holdings Ltd., in New York. At Valiant, John directed the creation of a scalable insurance organization including a broadly licensed admitted company as well as a surplus lines company - including the development of all processes, procedures, controls and roles / positions.

"We are extremely pleased to welcome John as Senior Vice President & Chief Financial Officer, and I am confident that we found the best person for this critical position," said Mr. Firstenberg. "John brings the combination of financial expertise and insurance industry experience that will enable Canal to build on its tremendous history and recent achievements to help write the next chapter in a unique success story."

About Canal Insurance Company

Established in 1939 and headquartered in Greenville, South Carolina, Canal Insurance Company is recognized in the industry as a stable, responsive and financially strong insurer of commercial trucking operations. For more information, please visit www.canalinsurance.com.

Media Contact:
Dave Davies
Vice President, Insurance Operations & Chief Marketing Officer
Phone: 864-250-9373
E-mail: [email protected]

SOURCE Canal Insurance Company