Mealey's (May 21, 2021, 7:44 AM EDT) -- NEW YORK — A life insurer’s decision to deny benefits to the estate administrator of an insured who died without naming a beneficiary and pay them to the insured’s adopted children was based on a “rational” interpretation of the Employee Retirement Income Security Act-governed policy’s beneficiary provision, the Second Circuit U.S. Court of Appeals ruled May 14, affirming a federal district court’s grant of summary judgment in the insurer’s favor....