11th Circuit Rules ERISA Plan Terms Unambiguous, Upholds Life Insurance Termination

Mealey's (January 4, 2022, 12:20 PM EST) -- ATLANTA — An 11th Circuit U.S. Court of Appeals panel on Dec. 28 affirmed an Alabama federal court’s grant of summary judgment for employer Allstate Insurance Co. in retirees’ consolidated cases challenging termination of a life insurance benefit under the Employee Retirement Income Security Act, ruling that the plan language unambiguously permitted termination and that fiduciary breach claims were time-barred....

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