Announcements
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