The U.S. Department of Labor (DOL) announced two settlements with major insurance companies this month that highlight the importance of employers avoiding the collection of group life insurance premiums from employees until...more
6/28/2024
/ Benefit Plan Sponsors ,
Denial of Insurance Coverage ,
Department of Labor (DOL) ,
Employee Benefits ,
Employee Retirement Income Security Act (ERISA) ,
Employer Liability Issues ,
Employer Responsibilities ,
ERISA Litigation ,
Fiduciary Duty ,
Insurance Industry ,
Insurance Litigation ,
Life Insurance ,
Open Enrollment ,
Premiums
The stories of an employer and a long-term disability insurer and claims fiduciary for an ERISA plan, defendants in two recent cases, ring so true. In the first case, the insurer was designated as claims fiduciary for an...more
5/19/2017
/ Breach of Duty ,
De Novo Standard of Review ,
Death Benefits ,
Denial of Benefits ,
Disability Benefits ,
Employee Benefits ,
Employee Retirement Income Security Act (ERISA) ,
Fiduciary Duty ,
Life Insurance ,
Long Term Disability Insurance ,
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