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Hidden Risks

Individual Plan Fiduciaries Subject to Personal Risk

By Jane Hodgson-Maiorano

Employees and companies can derive considerable benefit from health care benefits and profit sharing plans. For companies, offering valuable employee benefits can be a crucial competitive edge to attract and retain talent; for savvy job seekers interested in a position, it maybe the second question they ask after salary concerns.

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Founded in 1895, the National Association of Mutual Insurance Companies (NAMIC) is a full-service national trade association serving the property/casualty insurance industry with more than 1,400 member companies that underwrite more than 40 percent of the property/casualty insurance premium in the United States. NAMIC members are small farm mutual companies, state and regional insurance companies, risk retention groups, national writers, reinsurance companies, and international insurance giants. Together, we are NAMIC.

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