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 ...

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 ...

Chubb has enhanced its Directors & Officers and Entity Securities Liability as well as its Fiduciary Liability primary insurance offerings. These improvements are designed to help companies confronted ...

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 ...

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 ...

ERGO NEXT reports liability insurance helps protect individuals and businesses from claims involving injury or property ...

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, ...