Shots fired at second insurance CEO's house, gunman at large.

SAIF CEO Chip Terhune's home was targeted by a shooter.

February 27th 2025.

Shots fired at second insurance CEO's house, gunman at large.
A frantic search is underway for the perpetrator responsible for firing shots at the residence of the CEO of SAIF, an insurance company. The incident occurred in the early hours of Friday morning, leaving many in the quiet neighborhood of Lake Oswego, Oregon in shock. CCTV footage captured a suspect dressed in dark clothing and wearing a ski mask, possibly with a hoodie, holding a light-colored object in their hand.

The target of this attack was Chip Terhune, the head of State Accident Insurance Fund, a non-profit organization that provides workers' compensation. Terhune was inside his home when he heard the sound of breaking glass, initially thinking that someone was throwing rocks at his house. However, upon further inspection, he realized that gunshots had shattered the front door.

The shooting took place between 3:30am and 4:30am in the quiet neighborhood of Melrose Place and Melrose Street. Thankfully, no one was injured during the incident, including Terhune. In an email sent to his employees, Terhune reassured them that he is doing well and plans to return to work soon. He also mentioned that the police are investigating the matter and that any employees with concerns should voice them.

In the email, Terhune also mentioned that they had received a threatening email from the alleged shooter. While the email did not target any specific employee, it did contain personal information such as names and addresses of employees and their relatives. Terhune urged his staff not to share any additional information about the email and to cooperate with the authorities.

The police are urging anyone with information about the shooting to come forward and contact them. This incident happened on the same day that accused UnitedHealthcare CEO shooter Luigi Mangione appeared in court for the first time since being arraigned for the murder of Brian Thompson, another insurance boss. Mangione's actions have gained him a large following of supporters who praise him for standing up against the greed of insurance companies.

Unfortunately, since Thompson's death, there have been several incidents of people mimicking Mangione's actions. Just weeks after the shooting, an employee allegedly stabbed the president of a manufacturing company in Muskegon, Michigan. This case serves as a reminder of the dangers that come with working in the insurance industry and the need for better security measures to protect those in leadership positions.

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