Your ERISA Watch – Eighth Circuit Rules That Reliance Standard’s “Haphazard System of Ships Passing in the Night” Led to a Breach of Fiduciary Duty
Skelton v. Radisson Hotel Bloomington, No. 21-2641, __ F.4th __, 2022 WL 1434778 (8th Cir. May 6, 2022) (Before Circuit Judges Gruender, Benton, and Erickson).
ERISA-governed life insurance benefit plans are typically administered jointly by the employer and an insurance company. The exact duties of each party vary from plan to plan, but often the division of responsibility is confusing. It is common for one party to be uncertain as to what the other is supposed to be doing, and frequently neither party possesses full information as to which employees have signed up for what, and whether those employees have met all the requirements for eligibility or enrollment. Continue Reading Eighth Circuit Rules That Reliance Standard’s “Haphazard System of Ships Passing in the Night” Led to a Breach of Fiduciary Duty
