Marc Racicot will step down from his post as president of the American Insurance Association in February 2009, the AIA says.
Leigh Ann Pusey, now the chief operating officer and senior vice president for government affairs at the AIA, Washington, will succeed Racicot, according to the AIA.
The change was announced by AIA Chairman Evan Greenberg, who also is the chairman of Ace Ltd., Hamilton, Bermuda.
Racicot was not available to discuss his plans.
Racicot has been president of the AIA since August 2005. He served 2 terms as governor of Montana in the 1990s. He also has served as chairman of the Republican National Committee and as chairman of the Bush-Cheney 2004 re-election campaign.
Several sources said Racicot is stepping down to help the AIA save money, and to save the jobs of other AIA staffers.