PR Newswire·Sep 2, 2026, 9:05 AM ET

The Cincinnati Insurance Company Chief Claims Officer Announces Retirement

Cincinnati Financial Corporation announced that Marc J. Schambow will retire in January 2027 as chief claims officer after nearly 40 years with the company.
Schambow has led the claims team since 2020, during the pandemic, while previously serving in various field \& supervisory roles since 1997.
Todd V. McMillan, J.D., an industry veteran with nearly 30 years of experience, will assume executive responsibility for headquarters \& field claims teams upon Schambow's retirement.
McMillan previously served as corporate senior vice president, head of liability claims for Safety National Casualty Corporation, \& held leadership roles at The Hartford.
Executive oversight of claims operations will transition to Thomas C. Hogan, Esq., chief legal officer, to align claims \& legal teams.
Stephen M. Spray, president \& CEO, cited McMillan's legal background \& claims expertise as ideal for enhancing service \& coordination.
Cincinnati Financial Corporation offers business, home, \& auto insurance primarily through The Cincinnati Insurance Company \& its subsidiaries.
The press release includes standard forward-looking statements \& risk factors regarding insurance operations, financial conditions, \& regulatory compliance.