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Eleventh Circuit Affirms Allstate Retirees Are Not Entitled to Lifetime Vesting in Life Insurance
Roberts Disability LawLink to more items from this source
Dec. 29, 2021

"The Eleventh Circuit concluded that [1] Allstate did not violate ERISA Section 502(a)(1)(B) because it had the authority under the Summary Plan Descriptions ('SPDs') to terminate the retiree life insurance benefits for both putative classes and [2] any claims for breach of fiduciary duty under ERISA Section 502(a)(3) were time barred." [Klaas v. Allstate Ins. Co., No. 20-14104 (11th Cir. Dec. 28, 2021)]

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