Surety Matters

Our blog covering the latest in bonds and insurance
Fidelity Bonds 02.20.2019

Employee Dishonesty Bonds Do Not Cover Employers

An Employee Dishonesty Bond is a fidelity bond that covers your company and your customers against loss caused by employee dishonesty. These fraudulent activities can include, but are not limited to employee’s theft of money,…
Read Moreabout Employee Dishonesty Bonds Do Not Cover Employers

Employee Dishonesty Bonds Do Not Cover Employers
ERISA 12.20.2018

Your Bond Might Not Be an ERISA Bond

The ERISA Act requires that every person who handles employee benefit plan assets or funds as well as any plan fiduciary be bonded with an ERISA fidelity bond. Those bonded must be bonded for at…
Read Moreabout Your Bond Might Not Be an ERISA Bond

Your Bond Might Not Be an ERISA Bond
ERISA 12.06.2018

Why Does Your Plan Need an ERISA Fidelity Bond?

Plans can very easily come under threat. Whether it’s from larceny, forgery, embezzlement, or misappropriation, theft, and fraud are unfortunate facts of plan administration. So how do you protect your plan against those threats of…
Read Moreabout Why Does Your Plan Need an ERISA Fidelity Bond?

Why Does Your Plan Need an ERISA Fidelity Bond?
ERISA 12.03.2018

ERISA Advisory Council Recommends New DOL ERISA Bond Guidance

In a November 6, 2018 ERISA Advisory Council report, the Council recommended the Department of Labor (DOL) issue new ERISA fidelity bond guidance after evaluating current DOL regulations and guidance. In the report to Secretary of Labor…
Read Moreabout ERISA Advisory Council Recommends New DOL ERISA Bond Guidance

ERISA Advisory Council Recommends New DOL ERISA Bond Guidance
ERISA 11.07.2018

The Bond Compliance Program for Pension Professionals

Keeping track of every plan sponsor’s ERISA fidelity bonding status can be tough. No matter how many plans you are in charge of, it is difficult to remember what is what with information the spread…
Read Moreabout The Bond Compliance Program for Pension Professionals

The Bond Compliance Program for Pension Professionals
ERISA 03.15.2018

Four Important Facts About ERISA Fidelity Bonds

Employee benefit and retirement plans make companies and business that offer them fantastic places to work. Yet mistakes or dishonesty can happen to even the best companies, which can put those benefits at risk. That’s…
Read Moreabout Four Important Facts About ERISA Fidelity Bonds

Four Important Facts About ERISA Fidelity Bonds
ERISA 09.09.1020

Hiring Outside Advisors Does Not Remove Plan Sponsor Fiduciary Liability

Plan sponsors have a lot of responsibility as fiduciaries when managing an employee benefit plan. They have to make sure that the plan assets are invested properly, employees are given adequate information about benefits, employees…
Read Moreabout Hiring Outside Advisors Does Not Remove Plan Sponsor Fiduciary Liability

Hiring Outside Advisors Does Not Remove Plan Sponsor Fiduciary Liability