Surety Matters

Our blog covering the latest in bonds and insurance
Displaying 8 results for: cyber insurance
Cyber 06.20.2019

Even NASA Can Get Hacked

You may think that you have got the latest training and safeguards against cyber attacks, but if even NASA can get hacked, how safe are you really? The U.S. National Aeronautics and Space Administration, the people…
Read Moreabout Even NASA Can Get Hacked

Even NASA Can Get Hacked
ERISA 05.08.2019

The Need for Fiduciary Liability Insurance is Greater than Ever

A fiduciary’s liability is one of the most misunderstood areas of exposure for those involved with retirement plans. If your company is a small company, it is particularly important to consider the fact that as…
Read Moreabout The Need for Fiduciary Liability Insurance is Greater than Ever

The Need for Fiduciary Liability Insurance is Greater than Ever
ERISA 02.20.2019

In Fiduciary Breach Case, Fiduciaries Must Prove That Choices Did Not Cause Loss

The three main elements of a fiduciary breach case are: 1) a breach, 2) a loss, and 3) that the loss was caused by the breach. Unfortunately for breaching fiduciaries, they’re often the ones who…
Read Moreabout In Fiduciary Breach Case, Fiduciaries Must Prove That Choices Did Not Cause Loss

In Fiduciary Breach Case, Fiduciaries Must Prove That Choices Did Not Cause Loss
ERISA 02.20.2019

Can You Avoid Fiduciary Liability?

In the case of White v. Chevron (N.D. Cal 2016), the plaintiffs alleged breaches of its fiduciary duty for not choosing proper investments for plan funds, by choosing to invest in funds that performed poorly, and cost…
Read Moreabout Can You Avoid Fiduciary Liability?

Can You Avoid Fiduciary Liability?
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 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