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.
Showing posts with label Union Liability Insurance. Show all posts
Showing posts with label Union Liability Insurance. Show all posts
Thursday, August 25, 2005
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