• 30
  • May2018

What is Fiduciary Liability?

Fiduciary Liability is often combined with Directors & Officers (D&O) Liability and Employment Practices Liability (EPLI) to form the basic management liability package or portfolio.  But it often confused for fidelity bond coverage or employee benefit coverage (which is found in many general liability policies). Fiduciary liability coverage is playing a growing and important role to

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  • 25
  • May2018

Fiduciary Liability and The Home Depot 401k Claim

In April 2018 The Home Depot was sued in a fiduciary liability action where plaintiffs alleged that the company placed the employees 401k retirement plan in poorly performing funds and where they overpaid for investment advice.  Plaintiffs are seeking $140 million in damages. The class action complaint represents nearly 200,000 current and former plan participants and

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  • 20
  • Apr2018

What is Employment Practices Liability Insurance or EPLI?

Employment Practice Liability Insurance Often referred to as EPLI is a form of Management Liability protection and can be made part of a management liability portfolio policy, including D&O and other coverage parts; or can be written on a sand-alone policy form.  This coverage form protects the company leaders and decision makers from allegations of wrongful acts

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