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Workplace Benefits Renaissance 2011

March 7 & 8 – Caesars, Atlantic City, NJ – – www.workplacebenefits.org/wbr2011.htm

  • INSURANCE NEWS MAJOR HEADLINES (Open To Paid Subscribers)

  • The Affordable Care Act’s Early Retiree Reinsurance Program

    Rising health care costs have made it difficult for employers and unions to provide quality, affordable health coverage for workers and retirees while also remaining competitive in the global marketplace. The percentage of large firms providing workers with retiree health coverage dropped from 66 percent in 1988 to 29 percent in 2009.1. Many Americans who [...]

  • Nearly 2,000 Employers And Unions Approved Into New Program

    Affordable Care Act program will help pay health benefit claims for early retirees; applications still being accepted The U.S. Department of Health and Human Services today announced the first round of applicants accepted into the Early Retiree Reinsurance Program.  Nearly 2,000 employers, representing large and small businesses, State and local governments, educational institutions, non-profits, and [...]

  • Older Workers’ Confidence in Retirement Security Rebounds, but Remains Below Pre-Crisis Levels, Towers Watson Survey Finds

    Younger workers growing more concerned about defined benefit plans NEW YORK–(BUSINESS WIRE)–Older workers’ confidence in their ability to retire comfortably has rebounded modestly in the past year, although confidence levels remain well below those prior to the financial crisis. Additionally, while concerns among older workers with defined benefit (DB) plans have eased, younger workers are [...]

  • Private Equity Emerges from the Economic Crisis, According to Towers Watson

    NEW YORK & LONDON–(BUSINESS WIRE)–Market conditions are now providing opportunities for private equity managers and their investors in selective areas of the market according to new research produced by global professional services company Towers Watson (NYSE, NASDAQ: TW). The research asserts that portfolio company operating performance is stabilizing, pricing for new deals is becoming more [...]

  • Fuld Says Government Denied Lehman While Helping Wall St

    (Reuters) – U.S. regulators did not grant Lehman Brothers the same assistance as its competitors, knocking out the possibility of an orderly unwind of the firm and aggravating the global crisis, former Lehman Chief Executive Dick Fuld said on Wednesday. Fuld will tell a U.S. commission investigating the causes of the financial crisis that Lehman [...]

  • Reinsurers Left Exposed By Low Premiums-Fitch

    * Reinsurance sector vulnerable to big insured loss-Fitch * Says pressure mounting from low premium prices * Reaffirms stable outlook for industry * Says $30-40 bln catastrophic event would hit market LONDON, Sept 1 (Reuters) – The reinsurance sector is vulnerable to a significant insured loss from the Atlantic storm season as their reserve capital [...]

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  • PERSONNEL ANNOUNCEMENTS (Open To All)

  • Presidential Life Appoints Duncan Szeto as Chief Actuary

    NYACK, N.Y.–(BUSINESS WIRE)–Presidential Life Corporation (Nasdaq:PLFE) named Duncan Szeto as the new Chief Actuary of its operating subsidiary, Presidential Life Insurance Company (“Presidential Life”), effective August 18, 2010. Mr. Szeto replaces Jerrold Scher who has stepped down for personal reasons. Mr. Szeto joined Presidential Life in 2007 as Vice President, Financial Modeling. “Duncan’s actuarial expertise [...]

  • Michael Barbour joins Mercer’s Houston office as Partner in its Health and Benefits Practice

    HOUSTON–(BUSINESS WIRE)–Mercer announced today that Michael Barbour has joined Mercer’s Houston office as Partner for its Health and Benefits consulting business, a new position. Mr. Barbour will assist large Houston-area employers with strategy development, design and management of employee rewards program with a focus on benefit programs. “His long and distinguished career in helping organizations [...]

  • Mr. Bo Zhao Joins CNinsure as Head of Its Insurance Brokerage Business Unit

    GUANGZHOU, China, Sept. 1 /PRNewswire-Asia-FirstCall/ — CNinsure Inc. (Nasdaq: CISG), (the “Company” or “CNinsure”), a leading independent insurance intermediary company operating in China, today announced that Mr. Bo Zhao has joined CNinsure as head of its insurance brokerage business unit to assist the Company’s effort to expand its product and service offering from retail to [...]

  • Senior Market Advisor Announces 2010 Advisor of the Year

    CENTENNIAL, Colo., Sept. 1 /PRNewswire/ — Senior Market Advisor, a Summit Business Media publication, announced Van Mueller as the 2010 Advisor of the Year at the Senior Market Advisor Expo held at Mandalay Bay in Las Vegas last week. In addition to Mueller, the finalists included Chris Abts, Cornerstone Retirement Group; Josh Jalinski, President, Jalinski [...]

  • The Hartford Names Dr. David Williams Medical Director of Underwriting

    Dr. Williams will consult with and train 75 underwriters who together assess nearly 80,000 life insurance policies each year SIMSBURY, Conn.–(BUSINESS WIRE)–The Hartford has named Dr. David Williams medical director of its Individual Life Insurance division. Dr. Williams will be responsible for providing case consultation and training of the division’s 75 underwriters, who together assess [...]

  • Jerry Williams Appointed CNA Business Development Leader

    CHICAGO–(BUSINESS WIRE)–Jerry Williams has been appointed assistant vice president of Business Development for CNA. In this role, Williams will help support CNA’s goals to build a more effective organizational sales discipline and competency, and stronger engagement with its producers. He will be located in CNA’s Atlanta branch and will support CNA operations in Georgia, North [...]

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