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 ...

Plaintiffs are deliberately pleading tobacco surcharge cases as ERISA fiduciary breach claims triggering fiduciary liability insurance and potential coverage disputes from the outset. Coverage may ...

Department of Labor officials ushered in what is sure to be a fierce, and lengthy, legal battle today with a preview of its long-awaited, and industry despised, Retirement Security Rule. The official ...

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 ...

The Department of Labor has asked a federal court to vacate its controversial fiduciary rule, taking a decisive step toward killing the regulation after previously abandoning its legal defense. In a ...

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 ...

The Biden Administration rule for a fiduciary standard on one-time retirement-related advice died in two separate court decisions.

The firms filed a suit in Texas court seeking to undue the Retirement Security Rule aiming to rework the definition of what constitutes fiduciary advice for retirement investing. The Department of ...

In making its argument, the Federation of Americans for Consumer Choice, Inc., an insurance industry group, and its co-plaintiffs harkened back to a previous attempt by the DOL to expand the ...

Will a broader application of the fiduciary standard be accompanied by higher insurance costs? Some broker/dealers are bracing for the possibility. The proposed financial overhaul legislation before ...