MONTEREY, Calif., Jan. 7, 2014 /PRNewswire/ -- Capital Insurance Group® (CIG), the leading regional property and casualty insurer serving the Western U.S., announced the appointment of Davis "Gray" Tyndall as Vice President and Chief Financial Officer, effective January 1. Tyndall will succeed retiring VP and CFO Bob Erickson, and assume executive responsibilities of controllership, treasury, economic strategy and forecasting, reporting directly to CIG President and CEO, Peter Cazzolla. <br /><br />(Logo: http://photos.prnewswire.com/prnh/20130404/LA88690LOGO)<br /><br />"Gray is a seasoned and experienced asset for CIG, and his skills will help to further strengthen and secure CIG financially," Cazzolla said. "We also wish to express our gratitude to Bob for his many contributions to our company and wish him a very prosperous retirement." <br /><br />Tyndall's promotion follows a strong financial year for CIG. The company's stable growth continues to be recognized in the industry. A.M. Best rated the company an "A" (Excellent); and CIG achieved its best-ever ranking of 137 on the Top 200 U.S. Property/Casualty Writers' list. <br /><br />With more than 16 years of experience in the insurance industry, Tyndall joined CIG in 2008 as the Accounting Manager, later attaining the position of Controller and Assistant Treasurer in 2011. Prior to joining CIG, he served as the Controller and Human Resource Manager for Public Risk Underwriters, where he was responsible for a wide variety of financial reporting and budgeting processes, as well as employee recruiting and training. He received his BSA and MSA (Accounting) from East Carolina University and has achieved the designation of Certified Public Accountant.<br /><br />For more company information, visit www.CIGinsurance.com<br /><br />About Capital Insurance Group<br />Capital Insurance Group® (CIG) is the leading regional property and casualty insurer serving the Western U.S. since 1898. CIG insures Personal Auto, Homeowners, Farmowners, Condo Owners, Vacation Property, Renters, Apartment Building Owners, and many kinds of Commercial and Agricultural Auto and Property. The 115 year-old company is rated "A" (Excellent) by A.M. Best, the independent financial monitor of the insurance industry. CIG manages personal, business, and agriculture risks underwritten by its affiliate companies: California Capital Insurance Company, Eagle West Insurance Company, Nevada Capital Insurance Company, and Monterey Insurance Company. Types of policies may vary from state to state.  For more information, please visit www.CIGinsurance.com