Stephen A. Crane ’67

Steve died Aug. 31, 2025, due to a swimming accident near his summer home on Fire Island.

He graduated from Valley Stream High School on Long Island. At Princeton, Steve majored in Romance languages, was bicker chairman of Dial Lodge, belonged to the Young Republican Club and Whig-Clio, and played intramural sports for Dial. He roomed at 1937 Hall senior year.

Steve earned an MBA in finance from Harvard in 1971 and began a brief career in investment banking before switching to the property and casualty insurance business. He was chief financial officer with Orion Capital Corp., then CFO of Corroon and Black Corp., president and CEO of Willis Re and G.L. Hodson and Son, CEO of Gryphon Holdings, and finally CEO of the AlphaStar Insurance Group. After 37 years of corporate leadership Steve semi-retired serving as a corporate director of the boards of Hummingbird, WNC Holding Corp., EMC Insurance Group, and First Security Benefit Life Insurance and Annuity Co. of New York.

Steve served for 30 years on the board, 10 as president, of his Park Avenue co-op. He was a patron of the Metropolitan Opera, and longtime member of the New York Athletic Club and The University Club, where even last year he won three club billiards championship tournaments, maintaining a passion begun as Dial Lodge billiard champ.

In 1984, Steve married Susan Edith Alderton, a British expatriate finance professional in New York City. Steve and Susan had two daughters, Emily and Annabelle. The class extends its deepest sympathy to them.