(Bloomberg) -- Liam McGee, an Irish-born banker and insurance executive who guided Hartford Financial Services Group Inc. through a taxpayer bailout and shored up the company’s finances, has died. He was 60.
McGee died Feb. 13 after a two-year battle with cancer, Hartford said Monday in a statement. He’d relocated with his family from Connecticut to California after learning he had the disease and stepping down from the insurer.
McGee ran Hartford as chief executive officer from October 2009 through the middle of 2014, turning around an insurer that had been forced into a U.S. government rescue. The CEO sold stock and debt to help the Hartford, Connecticut-based company repay its $3.4 billion bailout, and retreated from life insurance and variable annuities to focus on property-casualty coverage.
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