We have previously posted new trends that explain why a Union should consider obtaining Union Liability Insurance. Here is another. HR 1074 has been introduced that would allow any "worker" who 'believes" his union has been misappropriating money to file a complaint with the U.S. Dept. of Labor, and the DOL would have the authority to file a civil suit based on the complaint.
No matter how frivolous the complaint a Union faced with a suit by the U.S. government can expect to incur tremendous legal defense costs. The newly enforced DOL --LM-30 requirements are reason enough for a Union to consider adding this coverage. If HR 1074 becomes law, union liability coverage becomes even more critical.
Go to www.mclaughlin-online.com to learn more about this important insurance coverage.
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