Dailey to retire as CEO but will remain chairman of the board.
Farmers Group, Inc. (FGI), the Los Angeles, Calif.-based subsidiary of Zurich Insurance Group announced today that Raul Vargas has been appointed to the position of Farmers Group, Inc. President & Chief Executive Officer effective January 1, when current President & CEO Jeff Dailey will step down and continue as Chairman of the Farmers Group, Inc. Board of Directors. Mr. Vargas will also become a member of the Farmers Group, Inc. Board of Directors effective January 1.
Raul Vargas was named President & Chief Executive Officer of the Farmers
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