Top
Stories

Featured Article Despite Confusion at State Level, E-Verify Finds Federal Support February 13, 2012
Featured Article Getting Minorities to Buy In on Retirement February 13, 2012
Featured Article State Law Favored Over Feds in Overtime Case February 12, 2012
Featured Article Adopting a Social Media Mind-Set February 12, 2012
Featured Article Social Media and Collaboration Tools February 12, 2012
Featured Article Social Studies: How to Use Social Media to Build a Better Organization February 12, 2012
Featured Article Arbitration Pact Barring Class Lawsuits Violates NLRA February 12, 2012
Featured Article The Last Word: Backyard Retirement Plan February 11, 2012
Latest News Lactation Discrimination Is not Sex Discrimination: Judge February 10, 2012
Latest News Obama Administration Compromises on Prescription Contraceptive Rules February 10, 2012
Featured Article State Public Sector Retirement Plan Roundup February 10, 2012
Featured Article States Taking a Hard Look at Pensions February 10, 2012
Featured Article Wisconsin's Tough Choice February 10, 2012
Latest News Updated: Oracle to Buy HR Software Firm Taleo for $1.9 Billion February 9, 2012
Featured Article Small Employers Exploring Health Care Exchange Options February 8, 2012

Latest News

Delivery Firm Seeks OK to Use In-House Insurance Firm for U.S. Benefits

U.S. affiliates of German delivery giant Deutsche Post, including DHL Express, are asking the Labor Department for permission to fund employee benefit risks through the Vermont branch of its in-house insurance company.

  • August 20, 2008
  • Comments (0)

U.S. affiliates of German delivery giant Deutsche Post, including DHL Express, are asking the Labor Department for permission to fund employee benefit risks through the Vermont branch of a Bermuda insurance company owned by a Deutsche Post affiliate.

Under the arrangement, the Vermont branch will reinsure long-term disability policies issued by Prudential Insurance Co. of America. The policies now cover just fewer than 20,000 participants.

Deutsche Post, which in 2007 had worldwide revenue of about $99 billion and net income of about $5 billion, currently uses an in-house insurance company based in Luxembourg and its Bermuda-based in-house insurance firm to fund various benefit risks of employees outside the United States.

Filed by Jerry Geisel of Business Insurance, a sister publication of Workforce Management. To comment, e-mail editors@workforce.com.

Workforce Management's online news feed is now available via Twitter.

Leave A Comment

Guidelines: Comments that include profanity or personal attacks or other inappropriate comments or material will be removed from the site. We will take steps to block users who violate any of our posting standards, terms of use or privacy policies or any other policies governing this site. You are fully responsible for the content you post.

Daily Q&A

What Can We Do When an Employee Has Exhausted the Leave-of-Absence Time Allowed by Our Workers' Comp Policy?

We have an employee who has been on workers' compensation for two years now—the claim is grandfathered under our old policy, but it's since changed. Now, when injured employees are on workers' compensation, they receive two-thirds of their pay and must use sick days and vacation to cover the remaining one-third. May we begin requiring the injured employee to use personal time?

—Sick About This, benefits coordinator, mining/oil/gas, Illinois

Read Answer

Stay Connected

Join our community for unlimited access to the latest tips, news and information in the HR world.

  • Workforce Technology (Monthly)

    Covering the latest technology trends, tools and applications that are shaping the workforce in the 21st century. Delivered the 2nd Wednesday of each month.

  • Dear Workforce (Bi-weekly)

    See what HR professionals are asking, and what Workforce Management experts are saying. Delivered the 1st and 3rd Thursday of each month.

  • Workforce Benefits (Bi-weekly)

    Stay current on all aspects of employee benefits, from health care to retirement issues. Delivered on Wednesdays.

  • Workforce Week (Weekly)

    Free weekly update on the trends in HR and new tools added to Workforce.com. Delivered each Tuesday.

  • Workforce Talent (Bi-weekly)

    See the recruiting, talent development and retention strategies of top companies and get the resources for effective talent management. Delivered the 2nd & 4th Thursday of each month.

  • Workforce Training (Monthly)

    Stay current on the latest strategies and resources for training and developing your workforce talent. Delivered the 4th Wednesday of each month.

HR Jobs

View All Job Listings

Search