WATERBURY, Conn.--(BUSINESS WIRE)--Nov. 29, 2004--Webster
Financial Corporation (NYSE: WBS), the holding company for Webster
Bank, N.A. and Webster Insurance, announced today that both the
national Chartered Property Casualty Underwriters (CPCU) Society and
its local southern Connecticut chapter will recognize Webster
Insurance for actively supporting employees' efforts to attain CPCU
designation. The recognition will take place at a special "Connections
Program" on December 1 in East Haven.
To achieve CPCU designation, insurance professionals must abide by
a code of professional ethics, putting client's needs before their
own; they must have proven insurance expertise; and they must pass
national exams on topics including insurance law, accounting, risk
management, and ethics.
"The CPCU designation is prestigious and represents dedication to
achieving and maintaining expertise in the insurance industry," said
John Klecha, executive vice president of Webster Insurance. "Webster
Insurance is committed to the high standards set by the CPCU Society
and will continue to encourage and support our employees'
participation."
"The Connections Program will recognize Webster employees who have
obtained or are in the process of obtaining CPCU designation. It will
also recognize Webster Insurance as an employer who actively promotes
and encourages the CPCU designation and the CPCU Society," said Seth
I. Stone, southern Connecticut CPCU chapter secretary.
Eighteen Webster Insurance employees will be recognized on
December 1 between 9:30 and 10:30 in Webster Insurance's East Haven
office, 100 So. Shore Drive. Webster's CPCU designees are: Josephine
D. Boloz, Mark Cominole, John S. Czel, Joseph Fiore, Edward
Fitzgerald, William Fitzgerald, Ronald R. Hrubala, Lisa
Hultgren-Beasley, James F. Kief, John J. Klecha, Raymond E. Lebert,
Gerald U. Levine, Alan Mathog, Wilson L. McKane, Annette D. Nystrom,
Kenneth F. Peterson, John J. Queirolo and Kenneth H. Rabinowitz.
Webster Financial Corporation is the holding company for Webster
Bank, National Association and Webster Insurance. With $17.8 billion
in assets, Webster provides business and consumer banking, mortgage,
insurance, financial planning, trust and investment services through
148 banking offices, 276 ATMs, telephone banking and the Internet.
Webster Bank owns the asset-based lending firm Webster Business Credit
Corporation, the insurance premium finance company Budget Installment
Corp., and Center Capital Corporation, an equipment finance company
headquartered in Farmington, Connecticut.
For more information about Webster, including past press releases
and the latest Annual Report, visit the Webster website at
www.websteronline.com.
CONTACT: Webster Financial Corporation
Media:
Meghan Thompson, 203-578-2287
mthompson@websterbank.com
Investors:
Terry Mangan, 203-578-2318
tmangan@websterbank.com
SOURCE: Webster Financial Corporation