Fiduciary liability insurance protects a business from claims that a benefits plan was mismanaged. Learn what fiduciary ...

Department of Labor officials ushered in what is sure to be a fierce, and lengthy, legal battle today with a preview of its long-awaited, and industry despised, Retirement Security Rule. The official ...

As you may be aware, Employee Retirement Income Security Act (ERISA) fidelity bonds and fiduciary liability insurance are not the same. Both serve to mitigate risk for fiduciaries, and are critical ...

In the weeks following a ground-breaking Supreme Court case allowing individual 401(k) participants to sue employers, lawyers have been recommending that advisers require plan sponsors to purchase ...

A review of fiduciary governance and the liability insurance policy can help 403(b) plan sponsors steer clear of the litigation whirlwind hampering the industry today. Fiduciaries of 403(b) plans will ...

The firms filed a suit in Texas court seeking to undue the Retirement Security Rule aiming to rework the definition of what constitutes fiduciary advice for retirement investing. The Department of ...

The investment landscape has changed over time, and the Department of Labor (DOL) is intent on changing its regulatory scheme along with it. According to the IRS, in 2020 about 5.7 million Americans ...

In making its argument, the Federation of Americans for Consumer Choice, Inc., an insurance industry group, and its co-plaintiffs harkened back to a previous attempt by the DOL to expand the ...

Plaintiff class action lawyers believe that they have found a new type of employee benefit program to go after for potential fiduciary ...

The Department of Labor issued the final version of its investment advice rule last week, a sweeping change that makes one-time IRA rollover recommendations a clear fiduciary act. It has enormous ...

Are the insurance industry and its Washington, D.C., lobbyists winning the war against the Biden administration’s fiduciary rule at the expense of investors? Consumer groups and advocates who want a ...

SUMMIT, N.J. , June 29, 2023 /PRNewswire/ -- Euclid Fiduciary, a division of Specialty Program Group LLC (SPG), announced the hiring of Keith M. Lavigne as Chief Underwriting Officer, Management ...