State National Insurance Company today announced the appointment of Fred Reichelt to the Board of Directors of State National Insurance Company. Mr. Reichelt will also serve on the Audit Committee, which assesses operational controls of State National Insurance Company and its wholly owned subsidiaries, National Specialty Insurance Company and United Specialty Insurance Company.
Mr. Reichelt, a CPA, has spent his career in financial services. He began at the public accounting firm KPMG and later joined CMI Investment Corp as its CFO, eventually becoming President and CEO. He joined Unitrin in Chicago in 1991 as its Group Executive, later becoming CEO of Unitrin subsidiary Fireside Bank.
"We are pleased to have someone with the experience and expertise of Fred Reichelt on the Board of Directors and the Audit Committee of State National Insurance Company," said Lonnie Ledbetter, Chairman and CEO of State National Group. "He will be an asset to the operations of the Board and an independent voice to the Audit Committee's risk assessment process."