Wendy Von Wald

Fiduciary Product Manager at Travelers
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  • 2020 has just been an unprecedented year in terms of the suits filed. It’s just been quite astonishing. I don’t know that there are a lot of new plan sponsors out there buying insurance. Certainly, those that were [already] purchasing it, we’ve seen them looking for higher limits.

  • Companies that offer employee benefit plans can't avoid liability by blaming plan participants for investment decisions and can't escape responsibility by hiring or blaming a service provider.

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