Insurance Associations File Emergency Injunction Motion Over DOL’s Fiduciary Rule

(March 16, 2017, 8:23 AM EDT) -- DALLAS — A Texas federal judge on March 14 instructed a coalition of insurance associations opposed to the U.S. Department of Labor’s (DOL) new “fiduciary rule” to file a supplemental brief to their emergency motion for an injunction pending appeal of a ruling that the DOL has not exceeded its authority in formulating the new rule and that the new rule does not violate the Employee Retirement Income Security Act (Chamber of Commerce of the United States of America, et al. v. Edward Hugler, Acting Secretary of Labor, et al., No. 3:16-cv-1476, consolidated with  3:16-cv-1530,  3:16-cv-1537,  N.D. Texas)....

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