In this episode of Expect an Expert, Henderson Brothers’ in-house counsel, Peter Horne, answers 4 questions about excessive fee litigation and its impact on insurance. An excessive fee lawsuit is when participants in a retirement plan allege that the plan sponsor (or other entities or individuals) breached their fiduciary duties by making the participants pay … Continued
OSHA has submitted the Emergency Temporary Standard (ETS) to the Office of Information and Regulatory Affairs (OIRA) which is a division of the White House Budget Office. Once the review is final, it will be posted on the Federal Register for public access. We expect that once the ETS goes into effect, Employers will have a rather quick … Continued
Eight-figure and beyond damages continue to be paid out to plaintiffs as a result of lawsuits related to trucking accidents on US roads. The increase in the awards continues a trend which has produced record settlements over the last four years. As trucking companies face tighter insurance markets costly litigation will continue to play a … Continued
Shareholders who hold dual or multiple capacities at your organization will impact who is an insured and ultimately covered under your organization’s D&O policy. Such dual capacities and the reps and warranties made from those roles are especially important in M&A situations. In order to avoid a costly dispute with your carrier, work with your … Continued
How do employers look for ways to simplify the open enrollment process? Many companies are turning to technology to help simplify their open enrollment processes and make it easier to elect benefits remotely. Consider the following when planning open enrollment this year: Digital Enrollment Hub: Create a digital open enrollment hub where employees can see all … Continued
SolarWinds, Colonial Pipeline, JBS Foods… these companies have made the news over the past 12 months for the large and sophisticated cyber breaches that impacted their businesses. For every high-profile breach, there are thousands of breaches impacting small to medium sized businesses. These businesses typically don’t have Chief Information Security Officers and they might not … Continued
Updated: October 1, 2021 With the recent approval of COVID Vaccine Booster Doses, there appears to be a lot of confusion around who is eligible for – and who is recommended to receive – a Booster Dose. The following is a summary of recent updates regarding Additional and Booster Doses: Additional Doses Anyone at or … Continued
Allegheny County adopted a Paid Sick Days Ordinance (PSDO) on September 15, 2021, for county employers. Unlike the Pittsburgh Paid Sick Days Act, which applies to city employers of all sizes, this new PSDO pertains to only those county employers with 26 or more employees. The legislation includes an employer notice requirement that applies immediately … Continued
Keeping Your COVID-19 Vaccination Card Safe Just about everyone who has received at least one dose of the COVID-19 vaccine has been provided a vaccine card. As you would expect, the cards include important information about the type of vaccine you received, as well as the date and site where the dose(s) were administered. As … Continued
