The U.S. government filed a federal suit against a benefit plan administrator and its president, seeking to restore $436,322 to two benefit plans of Columbus, Ohio-based Clark Graphics.

The U.S. Department of Labor’s Employee Benefits Security Administration will redo its rule on the definition of a “fiduciary” after its prior description drew criticism and concern from Congress and financial advisors.

Arthur J. Gallagher & Co. has bought a national institutional investment advisory firm, based in Washington, D.C., with an office Newark, N.J.

A class-action lawsuit has been filed by 500 Coca-Cola Bottling Co. employees who allege the company violated federal law by canceling their employee health benefits.

MetLife has agreed to a settlement with the federal government regarding allegations it paid millions of dollars in improper contingent commissions to a San Diego-based insurance brokerage.

Nearly all employers – whether insured and self-funded – will be affected by the new health care legislation, with some of those changes coming in the near future, according to a health insurance lawyer.

MassMutual’s retirement division is set to open the second quarter of 2010 with its new engagement platform.

A federal court in Connecticut has approved a partial settlement in a class-action civil suit involving the handling of 401(k) plans by Hartford Life Insurance Co.

Self-insured health plans could lose much of their autonomy, as federal health care reform could reshape requirements for their coverage.

Companies, faced with meeting the Prudent Person Standard of Care for their 401(k) plans can struggle, often because the business owner is unfamiliar with the process.