Death Benefit ERISA Case: 2nd Circuit Rules Abuse Of Discretion Standard Correct

Mealey's (May 7, 2021, 12:02 PM EDT) -- NEW YORK — A Connecticut federal court correctly reviewed a denial of benefits under an abuse of discretion standard because the life insurance plan had delegated discretionary authority to the insurer, the Second Circuit U.S. Court of Appeals ruled May 4, affirming summary judgment against the beneficiary of a man who died of a blood clot while on a flight....