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Introduction to the Unified Agenda of Federal Regulatory and Deregulatory Actions-Fall 2023 - Insurance News

Introduction to the Unified Agenda of Federal Regulatory and Deregulatory Actions-Fall 2023 - Insurance News
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Fiduciary Bond

More specifically, the amendments revise specific procedures to exempt a VA- appointed fiduciary who is also serving as a court-appointed fiduciary from posting multiple bonds and to also exempt a VA- appointed fiduciary that is also a State agency with existing, State-mandated liability insurance or a blanket bond from having to obtain an additional bond.

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VA Rule: Fiduciary Bond

More specifically, the amendments revise specific procedures to exempt a VA- appointed fiduciary who is also serving as a court-appointed fiduciary from posting multiple bonds and to also exempt a VA- appointed fiduciary that is also a State agency with existing, State-mandated liability insurance or a blanket bond from having to obtain an additional bond.

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