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Announcements
April 2013
Joseph A. LoCicero, President and CEO of The Segal Company has announced that David Searles has joined the firm’s National Health Practice as Vice President and Consultant.
January 2013
Kevin Carrington, Vice President and Federal Government Practice Leader of The Segal Company, has been appointed Chair of the National Association of African Americans in Human Resources’ (NAAAHR) Senior Advisory Council for a three-year term.
Joseph A. LoCicero, President and CEO of The Segal Group, Inc., has announced that Segal’s Fiduciary Liability Insurance Practice has been incorporated as a subsidiary of The Segal Group, Inc., and named Segal Select Insurance Services, Inc.
October 2012
The Segal Company is proud to announce that Judith F. Mazo, retired Senior Vice President and Director of Research for Segal, received the John L. Lewis Award from the National Coordinating Committee for Multiemployer Plans at its recent national conference. In June 2001, the NCCMP created this annual award named for the former UMWA President who was an influential leader in the multiemployer plan arena. The John L. Lewis Award recognizes the contributions of an individual or organization whose achievements in the multiemployer arena exemplify those of its namesake. Ms. Mazo has been a true leader in the field – through her decades of service at Segal, as an attorney specializing in ERISA and with the office of the general counsel at the PBGC.
The Segal Company is proud to announce that Cathie Eitelberg, Senior Vice President and National Public Sector Market Director, has been appointed to the National Association of State Retirement Administrators’ (NASRA) Associate Advisory Committee for a three-year term, beginning August 2012.
The Segal Company is proud to announce that Kathryn Bakich, Senior Vice President and National Health Compliance Practice Leader, has been named as a Fellow of the America College of Employee Benefits Counsel. In its announcement, the ACEBC, said, “…selection as a Fellow is a high honor reflecting substantive contributions to the field of employee benefits over the Fellow’s entire career….” Ms. Bakich was honored at the ACEBC’s Annual Induction Dinner on September 15, 2012.
September 2012
Joseph A. LoCicero, President & CEO of The Segal Company, announced that Daljit Johl, PharmD has joined the firm’s National Pharmacy Benefit Practice as a Pharmacy Benefits Consultant for the West Region. Mr. LoCicero said, “Adding Dr. Johl’s expertise in designing and implementing prescription drug benefit programs, brings more value to our clients as they seek opportunities to control pharmacy benefit costs.”
The Segal Company has announced that Daljit Johl, PharmD has joined our National Pharmacy Benefit Practice as a Pharmacy Benefits Consultant supporting the West Region. Daljit has more than 20 years’ experience in pharmacy benefits, most recently as a clinical program manager for MedImpact Healthcare Systems. She has also worked for Blue Shield of California, Statscript Pharmacy, PharmMerica and Longs Drug Store. Daljit has deep expertise in client management, strategic planning, PBM clinical programs, product and formulary management strategies, and analysis of prescription data.
Daljit holds a Doctor of Pharmacy degree from the University of California San Francisco and a BS in Biological Sciences from California State University.
Daljit is reporting to Ritu Malhotra, Vice President and National Pharmacy Benefit Practice Leader, and is working out of Segal’s San Francisco office. She will be working with West Region clients and CRMs, as well as supporting National Pharmacy Benefit Practice initiatives.
Please join me in welcoming Daljit. She can be reached at 415.263.8258 or via e-mail.
August 2012
The Segal Company is profoundly saddened to announce the passing of our Founder and Chairman Emeritus, Martin E. Segal. In his announcement to staff, Joseph A. LoCicero, President and CEO of the firm, said: “Words cannot express how much he did for so many people and what he meant to the organization he founded in 1939 and built. His love for and interest in The Segal Company never diminished during his years of retirement. He remained connected to our firm until the end.”
Read the Martin E. Segal, In Memoriam
The Segal Company is proud to announce that Paul Angelo, Senior Vice President and Actuary, has been named the Most Valuable Volunteer by the Conference of Consulting Actuaries (CCA). In a letter to Mr. Angelo, Dale H. Yamamoto, CCA’s President, said, “This award is given to a volunteer for outstanding contributions made to the Conference of Consulting Actuaries, or the actuarial consulting profession…You are unquestionably deserving of this honor….” Mr. Angelo currently serves the CCA as founding chair of its Public Plans Community Steering Committee and as head of the Public Plans Section of the CCA Annual Meeting Committee. Mr. Angelo will be formally presented with the award at the Annual Meeting of the CCA scheduled for October 21 – 24 in Boca Raton, Florida.
Joseph A. LoCicero, President & CEO of The Segal Company, announced that John T. Dwyer has joined as Vice President and Health Consultant in the Midwest. In addition to working directly with clients, Mr. Dwyer is also managing the Chicago office’s Health teams.
July 2012
John DeMairo, President & CEO of Segal Rogerscasey, has announced that the firm’s new website – www.segalrc.com – is now live. The site hosts merged and updated content from the legacy firms.
Joseph A. LoCicero, President and CEO of The Segal Company, announced the recent promotion of eight executives.
June 2012
The Segal Company has released a summary report of results from Segal’s 2011 Study of State Employee Health Benefits. The 2011 Study, drawn from Segal’s database of state employee plan research, finds significant continuity in the benefit plan types and features offered by states to their employees and retirees. Segal has been conducting similar studies and surveys of state employee health plans for more than 35 years.
May 2012
Joseph A. LoCicero, President & CEO of The Segal Company has announced that Ritu Malhotra, PharmD, Vice President and Clinical Pharmacy Consultant, has been named National Pharmacy Benefits Practice Leader.
Joseph A. LoCicero, President & CEO of The Segal Company has announced that Diane Gleave, Senior Vice President and Actuary, has been named New York Regional Manager and a member of the firm’s Senior Management Team. Jonathan A. Parker, the previous New York Regional Manager, has retired from the firm.
Joseph A. LoCicero, President & CEO of The Segal Company, announced the expansion of the firm’s Midwest Region and Minneapolis office with the addition of Robert Kurak, who joined as a Vice President and Consulting Actuary.
April 2012
Joseph A. LoCicero, President & CEO of The Segal Company has announced that Joanne T. Burns joined as Senior Vice President and National Communications Practice Leader. Nenette Kress, who served as Segal’s National Communications Practice Leader since 2001, has retired from the firm.
February 2012
John DeMairo, President and CEO of Segal Advisors, Inc., the SEC-registered investment consulting subsidiary of The Segal Group, Inc., has announced that the firm has acquired the business of Rogerscasey, a global investment solutions firm that has served institutional asset owners and others for more than 40 years. The combined entity has more than 350 clients with worldwide advisory assets approaching $400 billion.
January 2012
Joseph A. LoCicero, President and CEO of The Segal Company, announced that Kenneth C. Vieira and Richard Ward have joined Segal’s Public Sector Health Practice as Senior Vice Presidents and Consulting Actuaries.
April 2011
Joseph A. LoCicero, President and CEO of The Segal Company, announced that Stephen A. Marcus has joined Segal’s Human Resources Department as Vice President and Director, Training and Development.
Read the complete announcement here
March 2011
Many public sector plan sponsors are taking a close look at the design of their retirement programs. A recent article by Leon F. (Rocky) Joyner, Jr., looks at defined benefit versus defined contribution plans.
The Segal Company is proud to announce that Joseph A. LoCicero, President and CEO, has been elected to the Board of Trustees of the National Labor College.
Read the complete annoucement here.
November 2010
The Segal Company recently responded to the Governmental Accounting Standards Board (GASB) in response to its request for comments on the Preliminary Views on major issues related to Pension Accounting and Financial Accounting for Employers. Segal actuaries participated in GASB's public hearings in Dallas, October 13 and San Francisco, October 14.
Read the complete announcement here
October 2010
Joseph A. LoCicero, President and CEO of The Segal Company, has announced that Segal has acquired Aon Consulting's multiemployer defined benefit plan and related (SOP 92-6) consulting business in the United States. This acquisition covers about 60 defined benefit plans in a wide variety of industries located across the country.
Read the complete announcement here
The Segal Company recently responded to the Governmental Accounting Standards Board (GASB) in response to its request for comments on the Preliminary Views on major issues related to Pension Accounting and Financial Accounting for Employers. Segal actuaries participated in GASB's public hearings in Dallas, October 13 and San Francisco, October 14.
Read the complete announcement here
Medical and prescription drug cost trend rates for 2011 are expected to remain relatively unchanged from 2010 levels. However, these projected health plan cost increases represent a substantial increase over core inflation, according to the 2011 Segal Health Plan Cost Trend Survey, The Segal Company's 14th annual survey of health plan cost trends.
Read the complete announcement here
August 2010
Joseph A. LoCicero, President and CEO of The Segal Company, announced that Kerri Sears has joined Segal as a Vice President and Director of Human Resources for the East Region. Ms. Sears is working out of the Washington, DC office, with responsibility for Human Resources functions in the East Region (Atlanta, Boston, Hartford, Houston, Washington, DC) and Canada.
Read the complete announcement here
July 2010
Joseph A. LoCicero, President and CEO of The Segal Company, announced the promotion of seven executives.
Read the complete announcement here
Joseph A. LoCicero, President and CEO of The Segal Company, announced that Kim Nicholl has joined Segal as a Senior Vice President. Ms. Nicholl is working out of the Chicago office with major public sector retirement clients in the Midwest Region and as National Public Sector Retirement Practice Leader.
Read the complete announcement here
Joseph A. LoCicero, President and CEO of The Segal Company has announced that Kaye Pestaina, VP and Senior Health Compliance Specialist has been tapped to take a senior position at a newly-created office at the U.S. Department of Health and Human Service that will implement many of the insurance reforms of the Affordable Care Act (ACA).
Read the complete announcement here
June 2010
The Segal Company and Sibson Consulting have announced the relocation of the Princeton offices.
Read the complete announcement here
Joseph A. LoCicero, President and CEO of The Segal Company, has announced that James Sokol, Senior Vice President, was named Chief Information Officer. Mr. Sokol's predecessor as CIO, Joel Levy, retired on June 1.
Read the complete announcement here
April 2010
The Segal Company has announced that the Pension Protection Act of 2006 (PPA'06) multiemployer status certifications due by the end of March 2010 for 227 calendar-year plans revealed that many of those plans have achieved significant improvement in their "zone status" in the past year.
Read the complete announcement here
March 2010
Joseph A. LoCicero, President and CEO of The Segal Company, has announced that Derek Aldridge joined Segal as a Vice President, Senior Consultant and Leader of the Company's Communications Practice in the Midwest.
Read the complete announcement here
November 2009
The Segal Company is pleased to announce that Cathie G. Eitelberg, Senior Vice President and National Public Sector Market Leader, has been appointed to a three-year term as an advisor to the Government Finance Officers Association Committee on Retirement and Benefits. Ms Eitelberg was also recently elected to the National Association of Government Defined Contribution Administrators Industrial Committee.
Read the complete announcement here
July 2009
To better understand the characteristics of multiemployer defined contribution (DC) plans, The Segal Company recently conducted the Segal Study of Multiemployer Defined Contribution Plans.
Read the complete announcement here
Nenette Kress, Senior Vice President and National Practice Leader for The Segal Company and its Sibson Consulting Division, announced that it has received multiple awards from the APEX 2009 Awards and the 2009 Communicator Awards.
Read the complete announcement here
Joseph A. LoCicero, President and CEO of The Segal Company, has announced the promotion of nine executives, two Senior Vice Presidents and seven Vice Presidents.
Read the complete announcement here
May 2009
The Segal Company is deeply saddened to announce that John Cotton, Senior Vice President and member of the firm's Board of Directors, passed away suddenly on May 5, 2009. He joined Segal's Boston office in 1973 (his first job) as a consultant trainee and during his 36-year career, he served the company as a benefits consultant, office head, senior manager and member of the Board. John's expertise spanned the Company's businesses - he worked with clients and supervised staff members in the Multiemployer, Public Sector and Corporate markets as well as in the retirement and health practices.
John believed in rendering candid opinions and his ability to analyze complex financial issues was prized by all. He made innumerable contributions to our clients, the Company and his colleagues. John was deeply respected and loved by everyone he worked with even though he was a passionate and life-long Yankee fan in the midst of Red Sox nation.
John received a B.S. cum laude from American University and an M.B.A. in Finance from the Stern School of Business at New York University. He was a member of the Board of Directors and past-president of Temple Hillel B'Nai Torah in West Roxbury, Massachusetts. He is survived by his wife, Victoria and daughter Rachel.
For more information please contact Mary Feldman at mfeldman@segalco.com.
March 2009
Joseph A. LoCicero, President & CEO of The Segal Company announced that Serena G. Simons has joined Segal as a Senior Vice President and National Compliance Retirement Practice Leader. Mr. LoCicero said, "The breadth of experience and knowledge of the regulatory environment Ms. Simons brings to our firm will be an asset for all our clients. We look forward to her taking a leadership role for our retirement compliance practice."
Read the complete announcement here
December 2008
The Segal Company has released a report of results from Segal's Updated Survey of Plans' Actual Zone Status, based on multiemployer pension plan certifications through the end of September 2008. The nearly 350 plans in the survey represent a wide range of industries across the U.S. and combined assets of close to $132 billion.
Read the complete announcement here
November 2008
On November 14, Kaye Pestaina of The Segal Company presented a podcast on The Employee Benefit Adviser (EBA) Raw Bar about complying with new mental health parity regulations.
On November 5, Eileen Flick of The Segal Company presented a podcast on The Employee Benefit Adviser (EBA) Raw Bar about how a few quick dollars of savings today could cost companies a lot in the future. Listen in as she talks about how short-term gain could lead to long-term pain for employers and their workers.
An article by Ed Kaplan titled "The Implications of an Economic Recession on Health Plans" has been published in the November 2008 issue of workspan. This article discusses how a recession and rising unemployment correlate with increased health care expenditures, and how plan sponsors can manage rising costs.
Read "The Implications of an Economic Recession on Health Plans"
October 2008
Joseph A. LoCicero, President & CEO of The Segal Company, has announced an expansion of resources for the firm's National Health Practice. Mr. LoCicero said, "The recent addition of Dr. Sadhna Paralkar, a Health Management Consultant to The Segal Company, and Ms. Ritu Malhotra, Vice President and Clinical Pharmacy Consultant, further extends our Total Health Management capabilities and the range of services we can provide to clients."
Read the complete announcement here
An article by Vincent Graziano titled "Survey Examines Value of Dental Coverage" appears in the November 2008 issue of Benefits & Compensation Digest. This article presents the results of The Segal Company's Survey of Dental Coverage, which was completed in fall 2007 and reports information for 340 group health plans.
Read "Survey Examines Value of Dental Coverage"
Joseph A. LoCicero, President and CEO, announced that Stephen Ohanian has joined The Segal Company as a Vice President and Consultant in the firm's West Region.
Read the complete announcement here
September 2008
An interview with Kaye Pestaina, J.D., Vice President and Senior Health Compliance Specialist, appears in the September 16, 2008 issue of Employee Benefits Management Directions.
August 2008
John J. Coyle, Senior Vice President, Regional Manager, has announced that the Denver area office of The Segal Company has moved.
In April 2008, Ed Kaplan of The Segal Company presented a podcast on The Employee Benefit Adviser (EBA) Raw Bar on how employers can prepare health and other employee benefit programs for a recession.
July 2008
Joseph A. LoCicero, President and CEO of The Segal Company, has announced the promotion of seven executives: Jeffrey Litwin, Jason M. Adwin, Richard Berger, Steven C. Greenspan, Alan Sofge, Miriann Lee Yoo and Harold Zazula.
Read the complete announcement here
June 2008
An article by Kevin Wolfe titled "Is Your Fund's Web Site Ready for the 21st Century?" appears in the July 2008 issue of Benefits & Compensation Digest. This article discusses the essentials of creating a well-designed, user-friendly Web site for your benefit fund.
Read "Is Your Fund's Web Site Ready for the 21st Century?"
The Segal Company has announced an agreement with Benefit Informatics to expand electronic claims audit capabilities for clients. Benefit Informatics is a healthcare technology company that provides application services to organizations administering and servicing employee benefit plans.
Read the complete announcement here
May 2008
The Segal Company is pleased to announce that Andrew Sherman has been elected President of the New England Employee Benefits Council (NEEBC), New England's largest provider of benefits resources and education.
Read the complete announcement here
Joseph A. LoCicero, President & CEO of The Segal Company, has announced that Sibson Consulting, the firm's HR consulting division, has agreed to a strategic alliance with Morneau Sobeco, a leader in employee benefits administration outsourcing solutions. The firms will collaborate on offering benefits administration outsourcing services to Sibson clients, and employee benefits and HR consulting services to Morneau Sobeco clients in the U.S.
Read the complete announcement here
Cathie G. Eitelberg, Senior Vice President and National Director of The Segal Company's Public Sector Market, has announced that Kevin J. Carrington joined the firm's Washington, DC office as Vice President and Senior Consultant. Mr. Carrington is leading Segal's Federal Practice and is based in the Company's Washington DC office, as well as working with public sector entities in the East Region.
Read the complete announcement here
Joseph A. LoCicero, President and CEO of The Segal Company, has announced that Margery Sinder Friedman was named General Counsel effective May 1. Ms. Friedman joined Segal in January. Before that, she spent nearly 30 years as an attorney working with pension and health plans in private practice at a major Washington, DC law firm.
Read the complete announcement here
April 2008
An article by Cathie G. Eitelberg, titled "Public-Sector Employers Find Alternative Medicine for Retiree Benefit Liabilities" appears in the February 2008 issue of Government Finance Review. This article explores alternatives to "pay-as-you-go" funding for other post-employment benefits (OPEB).
Read "Public-Sector Employers Find Alternative Medicine for Retiree Benefit Liabilities"
An article by Steven F. Cyboran, titled "Paid Time Off: Is It Right for Your Organization?" appears in the April 2008 issue of workspan. This article discuss the benefits of paid time off (PTO) programs and outlines steps for creating a successful PTO program.
Read "Paid Time Off: Is It Right for Your Organization?"
Sidebar: "Case Study: Absence Management"
February 2008
Segal recently conducted a Survey of Dental Coverage to determine the current state of that coverage. The survey reveals there are opportunities to reevaluate dental plan designs in order to lower costs and/or add value to dental coverage.
Read our press release for key findings
