Houston-based HCC Insurance Holdings Inc. announced today that HCC Specialty Underwriters Inc. President and Chief Executive Officer William F. Hubbard will be promoted to the position of chairman.

Matthew C. Overlan, HCCSU's current chief financial and operating officer, will succeed Mr. Hubbard as CEO, and Marc D. Idelson, currently senior vice president, will be promoted to president and chief underwriting officer, the company said.

All three executives were previously with HCCSU's predecessor company, American Specialty Underwriters. HCCSU specializes in the sports, film, entertainment and promotion marketing industries.

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