Rules/Regs
Could Retirement Plans Become Hard to Insure?
A 5-fold increase in plan lawsuits over just the past 2 years is making fiduciary insurers nervous, an expert says.
Reported by John Manganaro
Art by Jam Dong
To access this premium content, please sign up for a free account!
You Might Also Like:
Court Approves $1.5M Settlement in Amway ERISA Lawsuit
A Michigan federal judge approved a preliminary agreement in Garcia et al. v. Alticor Inc. et al.
Employer Forfeited Funds Complaint Against HP Inc. 401(k) Plan Is Dismissed
A federal judge ruled the suit’s ‘theory of liability’ was too broad and dismissed the complaint, which focused on the...
Lawsuit Against NYC Pension Funds’ Divestment in Fossil Fuels Dismissed
A New York State judge dismissed the complaint due to lack of standing and failure to demonstrate injury.