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 retirement planning ecosystem is undergoing significant shifts, from demographic changes and concerns of an aging population to economic instability. These converging factors cast a light on the ...

Digitally-enabled Executive Risks products help protect businesses from fast-moving risks; make customizing management liability coverage easier and quicker for brokers SAN FRANCISCO--(BUSINESS WIRE)- ...

The Multiemployer Plan Fiduciary Liability Policy covers employee benefit plans and their fiduciaries WHITEHOUSE STATION, N.J., Nov. 15, 2022 /PRNewswire/ -- Chubb has introduced the Multiemployer ...

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 ...

As you may be aware, Employee Retirement Income Security Act (ERISA) fidelity bonds and fiduciary liability insurance are not the same. Both serve to mitigate risk for fiduciaries, and are critical ...

In this three-part series, Woodruff Sawyer management liability expert Jon Janes shines a light on three often-overlooked lines of management liability coverages: Employment Practices Liability, ...

Erupting ERISA litigation is forcing defined contribution sponsors to endure higher fiduciary liability insurance premiums, with some renewals costing double or triple and most averaging double-digit ...

The protection provides coverage for the costs of legal services, computer forensic services, public relations and crisis management expenses, and more. Colonial Surety, a direct and digital insurer, ...

Having an investment adviser on retainer had a moderate impact on pricing, as about half of insurers reported that it was a significant influencer. The main drivers of fiduciary liability insurance ...

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, ...

The Plan Sponsor Council of America recently asked plan sponsors if they have fiduciary liability insurance with a cybersecurity rider, or if they have a separate corporate policy. What were the ...