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WASHINGTON—After intense criticism, the Obama administration on Friday said nonprofit affiliates of religious organizations, such as hospitals and universities, will not be required to offer prescription…
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Know an outstanding professional employee benefit manager? Nominate him or her for Business Insurance's 2012 Benefit Manager of the Year® award.
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WASHINGTON—Employers will have more time to comply with a health care reform law requirement that they provide employees with an “easy-to-understand” summary of benefits and coverage, the Obama…
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If American Airlines terminates its four hugely underfunded pension plans and shifts the promised but unfunded benefit liability to the Pension Benefit Guaranty Corp., it would be the biggest loss in the PBGC's history.
Channel Highlights
WASHINGTON—The tax-favored status of an employee benefit tapped by those who use mass transit to get to and from work would be boosted under a provision in highway funding legislation approved Tuesday by a Senate panel.
Employees' 401(k) plan account balances dipped slightly last year, Fidelity Investments said in an analysis released Thursday.
Responding to intense criticism from religious organizations, Obama administration officials are considering changes to a health care reform law rule requiring most employers to offer full coverage of prescription contraceptives.
WASHINGTON (Reuters)—Congress went beyond its powers by requiring Americans to buy insurance under President Barack Obama's sweeping health care overhaul, opponents told the Supreme Court Monday in arguing the law's centerpiece provision…
Editor's Picks: Online Solutions & Resources
By Aaron Carroll MD There are times I wish I had a macro for the beginning of a post on obesity. Some way to say obesity is bad, obesity is prevalent, and nothing seems to work. You know the drill. But there’s a new study in Health Affairs that…
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…
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.
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
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PricewaterhouseCoopers L.L.P. has named Philadelphia-based Kuocheng “Joe” Chou as managing director of its actuarial and insurance management…
Aon Risk Solutions, a unit of Aon Corp., has named Boston-based Chris P. Thompson as managing director of its North America mergers and acquisitions…
Ironshore Inc. has named Peter J. Flores as New York regional executive and vp of U.S. operations. He will continue as acting as vp-regional property …
Frank Crystal & Co. Inc. has named Miami-based Michele Centeno as senior managing director-risk management practice.…
Fairlawn, Ohio-based David P. O’Brien has been named by Risk International Services Inc. as chairman of the board.…
Torus Insurance Holdings Ltd. has named Paris-based Gilles Rousseau as senior underwriter-general property. Previously, he was a property…
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BMS Group Ltd. has name Philadelphia-based Mike Hollenbach as executive vp in its specialty casualty team. Previously, he was a senior account…
Grinnell, Iowa-based Larry Jansen has been named by Grinnell Mutual Reinsurance Co. as president and CEO. Previously,…
London-based Robert Harrison has been named by Carter Perry Bailey L.L.P. as a consultant. Previously, he was a…
Squire Sanders L.L.P. has named Candace L. Quinn as partner in its taxation and benefits practice group in its New York office. Previously, she was…
Addison, Texas-based Mark Knepshield has been named by McGriff Seibels and Williams of Texas Inc. as senior vp.…
Chicago-based Deborah L. Michel has been named by Liberty Mutual Insurance Co. as executive vp-commercial markets,…
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Buck Consultants L.L.C. has named Scott Anderson as principal of its health and productivity practice as well as its St. Louis practice leader.…
Marsh Inc., a unit of Marsh & McLennan Cos. Inc., has named John Krutzler as Columbus office head. Previously, he was central zone sales leader for…
Origami Risk L.L.C. has named Richmond, Va.-based Jason Franks as sales director. Previously, he was national director of systems and data analytics…
Origami Risk L.L.C. has named New Orleans-based Mary Culpepper as senior account executive. Previously, she was principal consultant at CS STARS L.L.…
Willis Group Holdings P.L.C. has named London-based Bruce Trigg as managing director of its global solutions team effective April 1. Previously, he…
Wilson Elser Moskowitz Edelman & Dicker L.L.P. has named Miami-based Maurice J. Baumgarten as partner. Previously, he was a partner at Anania…
Business Insurance Feature
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.
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.
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