LTD Plan Is Ambiguous As To Whether Insurer’s Offset Was Permitted, Panel Says

(July 20, 2017, 2:02 PM EDT) -- NEW ORLEANS — A district court did not err in finding that a disability insurer abused its discretion in offsetting a claimant’s long-term disability benefits because the plan is ambiguous as to whether a direct rollover of pension funds to an individual retirement account entitles the insurer to offset the claimant’s disability benefits, the Fifth Circuit U.S. Court of Appeals said July 18 (Joel Thomason v. Metropolitan Life Insurance Co., et al., No. 16- 10634, 5th Cir., 2017 U.S. App. LEXIS 12932)....