Judge Finds Insurer’s Cross-Plan Offsets Unlawful Under ERISA

Mealey's (June 24, 2021, 2:25 PM EDT) -- TRENTON, N.J. — Where an insurer’s cross-plan offsetting places the two plans in adverse positions, it violates fiduciary duties imposed by the Employee Retirement Income Security Act, a federal judge in New Jersey said June 21 in partially granting summary judgment motions....