IFAwebnews » executive compensation

U.S. Senator calls for federal inquiry into Horizon’s executive pay

IFAwebnews Staff — Fri, 28 May 2010 14:07:29 +0000

While state officials have already scheduled a hearing on the matter, one of New Jersey’s representatives in Congress also wants a closer examination into the compensation package for executives at Horizon Blue Cross Blue Shield.

U.S. Senator calls for federal inquiry into Horizon’s executive pay via IFAwebnews.

Benmosche earned $2.7 million as AIG’s chief executive in 2009

Keith L. Martin — Tue, 13 Apr 2010 19:01:29 +0000

For his work in aiding troubled American International Group regain its reputation as one of the world’s leading insurance companies while also overseeing repayment of billions in federal aid, Robert Benmosche earned $2.7 million as head of the company in 2009.

Benmosche earned $2.7 million as AIG’s chief executive in 2009 via IFAwebnews.

Health reform changes for employers could start ‘immediately’

Bob Graham — Tue, 13 Apr 2010 19:00:10 +0000

Nearly all employers – whether insured and self-funded – will be affected by the new health care legislation, with some of those changes coming in the near future, according to a health insurance lawyer.

Health reform changes for employers could start ‘immediately’ via IFAwebnews.

AIG executive resigns over pay cut, to receive $2.8M in severance

Keith L. Martin — Mon, 04 Jan 2010 13:49:59 +0000

A reduction in salary has led a top executive at American International Group to resign, but she will receive $2.8 million in severance pay.

AIG executive resigns over pay cut, to receive $2.8M in severance via IFAwebnews.

Senate nixes amendment targeting insurance executive pay

Keith L. Martin — Mon, 07 Dec 2009 14:25:35 +0000

An amendment to cap tax-deductible salaries for health insurance executives at $400,000, rather than the current limit of $1 million, failed in the Senate, leading its Democratic sponsor to claim Republicans are choosing to support insurers over seniors.

Senate nixes amendment targeting insurance executive pay via IFAwebnews.

AIG board approves $7 million pay agreement with Benmosche

Keith L. Martin — Wed, 25 Nov 2009 17:29:58 +0000

Two weeks after reiterating his commitment to American International Group’s employees and a new pact with the insurer’s board of directors, Robert Benmosche officially had his $7 compensation agreement as chief executive officer approved.

AIG board approves $7 million pay agreement with Benmosche via IFAwebnews.

Judge calls Tyler’s ruling on ex-CareFirst CEO severance ‘unlawful’

Keith L. Martin — Mon, 16 Nov 2009 14:59:58 +0000

Claiming his client “earned every penny of his compensation and retirement payments,” the attorney for former CareFirst CEO William Jews is applauding a Baltimore County judge’s decision to award the former executive his full $18 million severance package.

Judge calls Tyler’s ruling on ex-CareFirst CEO severance ‘unlawful’ via IFAwebnews.

Benmosche admits frustration, says he is ‘totally committed’ to AIG

Keith L. Martin — Thu, 12 Nov 2009 13:43:47 +0000

Reacting to “speculative media stories” about his possible departure from American International Group, CEO Robert H. Benmosche reassured the employees he is “totally committed” to the troubled insurer.

Benmosche admits frustration, says he is ‘totally committed’ to AIG via IFAwebnews.

Report: AIG’s Benmosche considering resignation from insurer

IFAwebnews Staff — Wed, 11 Nov 2009 14:08:19 +0000

Three months to the day after he became American International Group’s CEO, Robert H. Benmosche may step down from that post amid frustrations about the insurer’s government oversight, according to a report.

Report: AIG’s Benmosche considering resignation from insurer via IFAwebnews.

Senate committee investigates insurers’ pricing of small-group market

Keith L. Martin — Tue, 10 Nov 2009 13:30:08 +0000

Four of the nation’s largest health insurance companies have about a week to justify to a Senate committee their pricing practices.

Senate committee investigates insurers’ pricing of small-group market via IFAwebnews.