ERISA Risks & Fiduciary Liability Insurance

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ERISA Risk Relief: understand and mitigate fiduciary liability arising from employee benefit plans

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, read the report!

Law firms providing loss prevention services

Groom Law Group

Groom Law Group, Chartered (“Groom”) is recognized as a preeminent law firm in the United States, including its retirement, health and welfare, and litigation practices. Since ERISA was enacted, Groom has counseled multiemployer plans on benefits-related matters and has defended such parties in class action litigation and represented them in Department of Labor investigations. Fast forward to today, Groom remains at the forefront in representing multiemployer plans in defending claims brought against plans and plan trustees or in DOL investigations, and works with plans and their trustees to create viable solutions to mitigate against litigation risk. 

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