In recent years, there has been a significant rise in lawsuits against plan sponsors and fiduciaries. As regulation continues to evolve, it is essential to stay informed and take proactive measures to protect yourself and your organization. Who May Sue You and Why: How to Reduce Your ERISA Risks, and the Role of Fiduciary Liability Insurance, authored by Groom Law Groups' Lars C. Golumbic, delves into this challenging legal landscape with in-depth knowledge and actionable steps to help safeguard an organization.
This report offer practical suggestions for mitigating risk through plan design and administration, as well as fiduciary liability insurance. Obtaining the right insurance coverage can provide crucial protection and financial support should an incident arise.
For valuable insights on reducing personal liability risks associated with retirement and benefit plan management, click below to read the report!
ERISA Risk Relief: understand and mitigate fiduciary liability arising from employee benefit plans