Insurer details why it fired CEO
MassMutual alleges 'pattern of abuse'
MassMutual Financial Group's termination letter to ousted chief executive Robert J. O'Connell said he had ''engaged in a systematic and pervasive pattern of willful abuse of authority" that included ''taking or diverting policyholders monies or assets for personal use," and resulted in a ''financial loss" to the Springfield-based firm and its owners. (Full article: 660 words)
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