SOURCE: Surety Bonds Direct
A surety bond is a type of insurance that acts as a financial guarantee that a promise of performance and ethical behavior will be delivered as required by a contract or agreement. In simple terms, a surety bond protects customers or employees from purposeful theft or financial damage.
Continue reading ERISA Security Bond Is A Requirement For Most Private Sector Plan Sponsors
In late December 2025, the same law firm that initiated the wave of “excessive fee” 401(k) litigation matters in 2006 (which continues to this day) filed a spate of lawsuits alleging that several large employers (and their benefit consultants) breached their fiduciary duties under ERISA by allowing excessive or unreasonable premiums to be charged to their employees in connection with so-called “voluntary benefit” programs offered by those employers.
Continue reading Are “Voluntary” Benefit Programs The Next Big Thing In ERISA Litigation?
Proposed rule would require PBMs to disclose compensation to self-insured group health plans
Continue reading US Department of Labor Proposes Historic Pharmacy Benefit Manager Fee Disclosure Rule