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Displaying 165 results for: Fiduciary Liability Insurance
ERISA 09.17.2020

Changes Impacting ERISA Are Coming

Across the country, retirement plan sponsors are in “wait and see mode” as the U.S. Department of Labor (DOL) works to rapidly rolling out proposed new regulations. Many of the efforts are intended to respond…
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Changes Impacting ERISA Are Coming
09.05.2020

Stressed? How COVID-19 is Causing More Stress than Ever for Risk Managers

Stressed? Although many businesses are succeeding with work from home strategies to survive the COVID-19 crisis, their risk managers are experiencing more stress than before. Based on a study in July 2020, The Global Association…
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Stressed? How COVID-19 is Causing More Stress than Ever for Risk Managers
ERISA 08.31.2020

Mercy Health 401(k) Plan Participants Sue for ERISA Violations

Former and current plan participants in 401(k) plans sponsored by Mercy Health Corporation are now suing the operators of hospitals/clinics and their fiduciaries for ERISA breaches under the Employee Retirement Income Security Act of 1974. The lawsuit…
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Mercy Health 401(k) Plan Participants Sue for ERISA Violations
ERISA 08.17.2020

Omnicom Slammed with Fiduciary Breach

A former worker of Omnicom Group, Inc. is suing the company and plan fiduciaries, accusing them of ERISA violations while managing the firm’s employee benefit plan. The complaint, filed on July 31 in a U.S. District…
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Omnicom Slammed with Fiduciary Breach
ERISA 08.13.2020

What is ERISA’s Bonding Requirement for Our Employee Benefit Plan?

Suppose you’re a plan fiduciary that handles a 401(k) for your company. It can be tough to keep up with the prerequisites for the Employee Retirement Income Security Act of 1974, or ERISA. How do…
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What is ERISA’s Bonding Requirement for Our Employee Benefit Plan?
ERISA 08.10.2020

Wisconsin Sees Spike in ERISA Class Action Claims

In the past few months, Wisconsin, among other states, has seen a rise in class litigations involving breach of fiduciary duty claims under the Employee Retirement Income Security Act of 1974, or ERISA. These types…
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Wisconsin Sees Spike in ERISA Class Action Claims
ERISA 08.10.2020

What is a Fiduciary Duty?

A fiduciary is an organization or individual that holds the critical power and responsibility of acting on behalf of others. A fiduciary pledges to carry out their daily duties honestly and through good faith. A fiduciary…
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What is a Fiduciary Duty?
ERISA 07.29.2020

Arkansas Teacher Pension Sues Allianz Global Investors for Fiduciary Breaches

The Arkansas Teacher Retirement System, or ATRS, has filed a lawsuit against Allianz Global Investors to restore over $774 million in losses allegedly suffered due to negligence, fiduciary and contractual breaches of duty. The suit…
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Arkansas Teacher Pension Sues Allianz Global Investors for Fiduciary Breaches
ERISA 07.27.2020

Does ERISA Apply to Me?

If you are a plan fiduciary, you must be fluent in ERISA compliance. If you are not, this is the perfect time to understand what ERISA is and how you can become compliant! What exactly is…
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Does ERISA Apply to Me?