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 ...

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 is determined to extend fiduciary obligations to annuity sales made with the trillions of retirement plan dollars. Efforts to do so have been at least a decade in the making.

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 ...

The investment landscape has changed over time, and the Department of Labor (DOL) is intent on changing its regulatory scheme along with it. According to the IRS, in 2020 about 5.7 million Americans ...

Erie Indemnity sought to enjoin the Stephenson plaintiffs from proceeding, arguing that prior federal court judgments in the ...