Nuts & Bolts: Rockwood Programs has introduced the Rockwood Protector Fiduciary Liability Plan, and the Rockwood Guardian Not-For-Profit Liability Plan. The Fiduciary Liability plan protects the personal and corporate assets of a plan fiduciary against breach of duty allegations. Covered acts include failure to properly administer a plan, failure to properly add or delete participants, and errors or omissions committed while selecting a plan or managing its assets. The Rockwood Not-For-Profit Program provides comprehensive D&O liability coverage that includes protection against employment-related allegations.
Carrier: Fiduciary Plan – Gulf Insurance; Not-For-Profit Plan – Carolina Casualty.
States Available: Most. Fiduciary not admitted in Washington, Not-For-Profit not admitted in four states. Available on a non-admitted basis in those states.
Contact: Kathy Hasted, (800) 365-0816
Topics Profit Loss
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