ERISA Lawsuit Alleges Major Insurers Wrongfully Denied Disability Benefits
A major ERISA lawsuit alleges wrongful denial of disability benefits by top insurers, raising compliance and fiduciary duty issues under federal law.
NY Federal Judge Dismisses GE Pension Risk Transfer Lawsuit
A New York judge dismissed a lawsuit challenging General Electric's pension risk transfer to Athene, affirming the legality of PRT deals under ERISA and supporting insurer participation in pension risk markets.
Trump Executive Order Expands 401(k) Access to Private Equity and Alternatives
President Trump's executive order expands 401(k) investment options to include private equity and alternative assets, offering new diversification opportunities while raising fiduciary and regulatory considerations for retirement plans.
Court Dismisses Lawsuit Challenging GE's $1.7B Pension Risk Transfer to Athene
A federal judge dismissed a lawsuit by former General Electric employees challenging a $1.7 billion pension risk transfer to Athene, citing lack of standing under ERISA. The ruling highlights judicial support for pension risk transfers as compliant and lawful.
Massachusetts Court Partially Grants Summary Judgment in ERISA Life Insurance Dispute
The District of Massachusetts court ruled partially on summary judgment in an ERISA dispute involving life insurance benefit denials by Hartford Life & Accident Insurance Company linked to Tufts Medical Center Physicians Organization.
Expanding Lifetime Income Options in 401(k) Plans Through Annuities
Explore how 401(k) plan sponsors can enhance lifetime income options with annuities, navigating fiduciary duties and leveraging SECURE Act provisions for better retirement outcomes.
New Jersey Adopt Best-Interest Annuity Standards as 50th State
New Jersey completes nationwide adoption of NAIC best-interest annuity standards, aligning state and federal regulations on insurance producer obligations and consumer protections.
Proposed Department of Labor Regulations to Refine Health Plan Fiduciary Duties
Scholars argue for enhanced Department of Labor regulations under ERISA to improve fiduciary duties in selecting employer-sponsored health insurance, advocating for transparency and value in plan choices.
Ninth Circuit Reviews Choice-of-Law in ERISA Case
The Ninth Circuit is set to determine the enforceability of a choice-of-law provision in an ERISA case impacting California insurance regulations.