Insurance Industry Impacts If DOL Fiduciary Rule Is Revived
Insurance Industry Impacts If DOL Fiduciary Rule Is Revived <https://www.law360.com/insurance/articles/2254830?nl_pk=59612751-8689-4b1e-9154-1edd7f62646f&utm_source=newsletter&utm_medium=email&utm_campaign=insurance&utm_content=2024-11-05&read_main=1&nlsidx=0&nlaidx=7> If implemented following an ongoing appeal at the Fifth Circuit, the U.S. Department of Labor’s rule expanding the Employee Retirement Income Security Act's definition of "fiduciary" could chill insurance agents’ and brokers' ability to sell annuities, and lead to an increase in breach of fiduciary duty lawsuits, say attorneys at Alston & Bird. Read full article » <https://www.law360.com/insurance/articles/2254830?nl_pk=59612751-8689-4b1e-9154-1edd7f62646f&utm_source=newsletter&utm_medium=email&utm_campaign=insurance&utm_content=2024-11-05&read_more=1&nlsidx=0&nlaidx=7> | Save to favorites » <https://www.law360.com/insurance/articles/2254830?nl_pk=59612751-8689-4b1e-9154-1edd7f62646f&utm_source=newsletter&utm_medium=email&utm_campaign=insurance&utm_content=2024-11-05&read_later=1&nlsidx=0&nlaidx=7>
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Gunnar Larson