ERISA Fiduciary Obligations- More on Application to Life Insurance Coverage

Topics: ERISA, Fiduciary, Qualified Plans, Regulation

The U.S. District Court for the Northern District of Georgia denied a motion to dismiss a claim brought against an employer by the beneficiaries of a deceased employee who had sought to convert her group life insurance coverage to individual coverage upon her termination of employment. Despite timely repeated requests, the employer failed to provide…

Importance of Providing Summary Plan Description (SPD) Under ERISA

Topics: ERISA, Qualified Plans

Sharon Prouty sued her deceased husband’s former employer, C&S Wholesale Grocers, Inc. (“C&S”) and the issuer of a group life insurance policy, Hartford Life and Accident Insurance Co. The thrust of her claim was that Hartford Life had violated its fiduciary duties under ERISA to provide an adequate plan description or provide notice of her…