Courtney C.T. Horrigan, Elizabeth L. Taylor and Kalid Knox L-R: Courtney C.T. Horrigan, Elizabeth L. Taylor, and Kalid Knox of Reed Smith. Courtesy photos While best practices suggest that insurance ...
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 United States Court of Appeals for the Fifth Circuit recently upheld an insurer’s denial of fiduciary liability coverage for claims brought against a third party appointed by the insured to manage ...
The extreme pace of new 401(k) lawsuits this year is showing the legally precarious spot most plan fiduciaries occupy, and that position is only becoming more difficult. It is rare for a plan to have ...
Dylan Bensinger, Alec Covington, Shelby Guilbert Jr. Employers nationwide are experiencing a new wave of ERISA litigation targeting so-called “tobacco surcharges” on employees enrolled in ...
When employers that sponsor retirement plans received their 2021 insurance renewals for fiduciary liability coverage, they were also likely to have received some unpleasant surprises: higher liability ...
The bear market for securities, which is triggering an increasing number of fiduciary liability suits against employers, is providing a bullish opportunity for insurers. Underwriters assert they must ...
WILMINGTON, Del.–Insurers for Qwest Communications International Inc. are seeking to rescind the Denver-based telecommunications company’s directors and officers liability and fiduciary liability ...
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 Hanover. Insurance Group has expanded its Hanover Work Safe, a group of services promising a personalized approach to worker safety and claims handling. The Hanover’s claims specialists ...