JC / Railbird

Jockeys’ Insurance Archive

House Schedules Second Hearing

The congressional subcommittee investigating jockeys’ insurance has scheduled a second hearing on the issue for November 17. The witness list has not been finalized yet. The first hearing was held on October 18 and included testimony from jockeys and Jockeys’ Guild officials, who answered questions about the organization’s finances and the 2002 lapse of a catastrophic insurance policy.

Posted in Jockeys' Insurance on November 4, 2005

Guild Senate Calls Meeting

Jockeys’ Guild president Wayne Gertmenian may find himself out of a job soon. In response to last month’s congressional hearing into the issue of catastrophic insurance for jockeys and the concerns raised then regarding the Guild’s management, the Guild Senate has called an emergency meeting on November 15 to discuss possible leadership changes. “Our concern is with the entire Guild management, but foremost on our mind will be the president,” said Guild senator and jockey Jon Court.

Posted in Jockeys' Insurance on November 2, 2005

Guild Investigates Gertmenian

The Daily Racing Form reports that the Jockeys’ Guild has begun an investigation into the credentials of its president, Dr. Wayne Gertmenian, as well the payments made by the Guild to Gertmenian’s consulting company, Matrix Capital Associates. “We want to make sure we can answer all the questions that our members have,” said Guild treasurer Jeff Johnston.
Related commentary from Ray Paulick: “Wayne Gertmenian, the president and CEO of the Jockeys’ Guild, is a bully who finally met his match in the halls of Congress.”

Posted in Jockeys' Insurance on October 27, 2005