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BENEFITS MANAGEMENT

JERRY GEISEL

Editor-at-Large

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Channel Highlights

Business Insurance In FOCUS video: Employee benefits communications

In our latest weekly video, we examine how organizations are using alternative communications strategies to inform employees about changes in their benefits plans.

GM ending traditional pension plans for U.S. salaried workers

DETROIT (Reuters)—General Motors Co. said on Wednesday it will end traditional defined benefit pension plans for its U.S. white-collar employees, seen as consistent with its goal of lowering pension risk for investors.

PBGC launches temporary waiver of unpaid premium penalties

WASHINGTON—Under a new temporary voluntary compliance program, the Pension Benefit Guaranty Corp. will waive penalties on employers who have never paid federally required pension insurance premiums.

GM's pension plan funding levels slip in 2011

DETROIT—The funded levels of General Motors Co.'s U.S. pension plans declined in 2011 as lower interest rates, which boosted the value of plan liabilities, offset strong investment results.


Editor's Picks: Online Solutions & Resources

Who Is Biz Stone and What Is Twitter?

By Fred Trotter Yesterday, one of the founders of Twitter, Biz Stone, gave the opening keynote at HIMSS. This is probably going to be the best keynote at HIMSS, followed by a speech from Dr. Farzad Mostashari, which will also be excellent. It…

Guides on issues before the Supreme Court in the challenge of the health reform law

A Kaiser Family Foundation policy brief provides an overview of the case before the Supreme Court that challenges the health care reform law’s individual mandate, the key constitutional questions to be decided and the legal arguments made…

San Fran regulators publish Q&A on new requirements imposed on HRAs

Starting on Jan. 1, employers operating in San Francisco have had to comply with new restrictions on the use of health reimbursement arrangements to satisfy the city’s health care spending law.

New government report details slowdown in U.S. health care expenditures

U.S. health care expenditures continue to ease, as spending in 2010 rose a modest 3.9%, a dramatic showdown compared with the explosive growth in expenditures of just a few years ago, according to a government report.


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Coming and Goings

  • Richard Aneser

    Lincoln Financial Distributors, a subsidiary of Lincoln National Corp., has named Radnor, Pa.-based Richard Aneser as…

    Dennis M. Donahue

    Chicago-based Dennis M. Donahue has been named by HUB International Midwest as executive vp, employee benefits practice …

    John Ribble

    Leesburg, Va.-based John Ribble has been named by Armfield, Harrison &Thomas Inc. as principal. Previously, he was…

    Jenni Bickerstaff

    Leesburg, Va.-based Jenni Bickerstaff has been named by Armfield, Harrison &Thomas Inc. as principal. Previously, she…

    Susan Fanciullo

    USI Insurance Services L.L.C. has named Susan Fanciullo as senior vp of operations in its New York office. Previously, she was the regional vp of…

    John Wepler

    The Worldwide Broker Network has named Willoughby, Ohio-based John Wepler as an associate member. He is currently the CEO of Marsh, Berry & Co. Inc.…

  • X. Rick Nui

    Starr Cos. has named New York-based X. Rick Nui as senior managing director of Starr Strategic Partners. Previously, he was chief marketing officer-U.…

    Robert Reers

    USI Insurance Services L.L.C. has named Robert Reers as president in its New York office. Previously, he was the national employee benefit practice…

    Frank Neugebauer

    United Educators Insurance has named Chevy Chase, Md.-based Frank Neugebauer as chief information officer. Previously he was chief information…

    Michael J. Mitchell

    The Graham Co. has named Philadelphia-based Michael J. Mitchell as vice chairman. Previously, he was executive vp.

    John Dempsey

    The Worldwide Broker Network has named Wilton, Conn.-based John Dempsey as an associate member. He is currently the CEO of Dempsey Partners L.L.C.…

    Hilton Brown

    Edgewood Partners Insurance Center has named Hilton Brown as vp of claims management for its Los Angeles and Irvine, Calif. offices. Previously, he…

  • James R. Woods

    The Worldwide Broker Network has named Palo Alto, Calif.-based James R. Woods as an associate member. He is currently general counsel at Dewey &…

    Kenneth L. Ewell

    The Graham Co. has named Philadelphia-based Kenneth L. Ewell as president and chief operating officer. Previously, he was executive vp.

    Patrick Lundy

    Zurich Financial Services Group has named Patrick Lundy as chief agent and CEO for Zurich Canada. Previously, he was the head of its healthcare…

    John Kelly

    The Worldwide Broker Network has named New York-based John Kelly as an associate member. He is currently the CEO of Hanover Stone Partners L.L.C.…

    Wesley K. Bryan

    John L. Wortham & Son L.P. has named Houston-based Wesley K. Bryan as managing director-marine and energy. Previously, he was associate director. …

    Craig Manning

    John L. Wortham & Son L.P. has named Dallas-based Craig Manning as managing director-commercial claims. Previously, he was associate director.

Business Insurance Feature

Captives for Benefits: How to Use a Captive to Save Money and Enhance Benefits Coverage

Many organizations use captive insurers to cover their P/C risks, and now several dozen are using them to cover employee benefits exposures too. Thanks to the efforts of several cutting-edge programs during the past several years, many employers now have the option of expanding the risks they place in their captives. In this latest white paper, captives experts Donald Riggin and Karin Landry explain what an organization needs to do to add benefits to their captives and the advantages of doing so.

Exploring Alternative Risk Financing Options for Employee Benefits

This on-demand webinar covers the latest trends for brokers who aim to help their middle-market clients explore alternative risk financing options, including captives and self-insured arrangements, for their health care employee benefit programs. Learn how to advise clients considering traditional self-funding of health benefits and/or "blended" programs. Click the headline above to register.