Fiduciary liability insurance is a specialized form of professional liability coverage designed to protect individuals and organizations that manage employee benefit plans. This includes anyone who ...

The U.S. Supreme Court’s recent unanimous decision in Cunningham v. Cornell University has altered the litigation landscape for benefit plan fiduciaries and their insurers. Understanding those changes ...

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 ...

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 ...

Shortly after Enron Corp. -- and its 401(k) plan -- imploded in 2002, premiums for fiduciary liability insurance for defined contribution plans went through the roof. Employer stock, which had ...

As large-scale layoffs and ERISA lawsuits alleging misuse of forfeited 401(k) money continue to make headlines, plan sponsors are on alert. Processing Content Employee termination spiked in March, ...

Craig Reid is the President and National Practice Leader of Retirement and Wealth at Marsh McLennan Agency, a Marsh McLennan company. As the needs of today’s workforce evolve, retirement plan ...

There are a number of steps advisers should take to ensure that their plan sponsors are protected from substantial personal liability. Personal liability protection is a critical component of running ...

AlphaRoot's management liability insurance program bridges the gap between coverage and price point for privately-held cannabis companies. NEW YORK, Dec. 7, 2021 /PRNewswire/ -- BRP Group, Inc. ("BRP ...