NEW ENGLAND

Webster Financial Corp. in Waterbury, Conn., has hired Gail Feinstein as insurance product manager, a newly created position, at its Webster Insurance subsidiary.

Ms. Feinstein, who was also named a vice president, will be in charge of insurance marketing, as she had been at People's Bank in Bridgeport, Conn., her employer for 14 years. Webster Insurance was created in June 1998 when Webster Financial bought Damman Insurance Associates in Westport, Conn.

The holding company's Webster Bank has $9 billion of assets and is expected to buy $784 million New England Community Bancorp of Windsor, Conn., later this quarter.

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