ICW Group Insurance Companies, which partners with 3,800 agents and brokers across the United States, is now offering workers’ compensation insurance in the state of Illinois.
The super-regional carrier’s industry-leading claims services and forward-thinking risk management has helped thousands of companies create a safe and productive work environment, while lowering the costs associated with workers’ compensation [...]

It’s official: According to the Labor Department, the economy has lost 5.1 million jobs over the past 15 months. As if those numbers weren’t scary enough, the figures show a disturbing trend: The number of long-term unemployed has continued to rise. According to Executive Financial Coach “Chuck” Steege, president, SFG Wealth Planning Services, Inc., senior [...]

Workscape, Inc., a leading provider of outsourced benefits and talent management solutions, and the Human Capital Institute (HCI), a professional association and think-tank advancing the science of strategic talent management, today unveiled details from their follow-up research into what the future might hold for executive and high performer compensation, including gaining insight into organizations’ current [...]

Travelers National Accounts announced the availability of CustomComp, a flexible, new alternative in workers compensation loss-cost management. Designed for larger-sized customers, CustomComp can be tailored to key areas in the organization’s claim administration process. With the new product, clients, their brokers and Travelers can more actively participate in the design and delivery of a customized [...]

ACE USA, the U.S.-based retail operating division of the ACE Group of Companies, announced the appointment of Robert G. Purdy to the position of Senior Vice President, Workers Compensation, as part of the ACE Casualty Risk Division. Based in Philadelphia, Mr. Purdy will be responsible for leading the underwriting, marketing, and operations strategies for ACE [...]

PLANSPONSOR magazine has named the Principal Financial Group® the number one service provider of nonqualified deferred compensation plans, based on the total number of plans. Highly regarded by those in the employee benefits industry, PLANSPONSOR is dedicated to helping employers design the best retirement plans and winning investment strategies. Results of the annual Nonqualified Deferred [...]

Gevity, a leading professional employer organization (PEO) that provides HR services to businesses nationwide, today announced that the Company has renewed its 2009 workers’ compensation insurance agreement with member companies of American International Group (AIG) Commercial Insurance.
Consistent with 2008, Gevity will maintain a $1 million per occurrence deductible and will make monthly payments to AIG [...]

American International Group, Inc. (AIG) announced voluntary restrictions on executive compensation that include a $1 salary for its Chief Executive Officer; no 2008 annual bonuses and no salary increases through 2009 for AIG’s top-seven-officer Leadership Group; and no salary increases through 2009 for the 50 next-highest executives, in addition to other bonus, severance and [...]

In a landmark test case in the High Court, Unite the union, has successfully defended the rights of vulnerable asbestos victims from insurers’ attempts to avoid their liabilities.
The trade union has resisted a legal challenge by insurance companies which, if successful, could have deprived thousands of mesothelioma sufferers and their families of compensation.
The High Court [...]

Microsoft Corp. announced that Blue Cross and Blue Shield of Vermont (BCBSVT), Vermont’s largest private health carrier, has saved nearly a half-million dollars with a Microsoft partner compensation management system. Implemented to overhaul incentive compensation and agent management capabilities, Computer Solutions & Software International’s (CSSI) VUE Compensation Management, a Microsoft .NET Framework-based application, has [...]