High Court Finds ERISA Conflict Standards Unclear

Law360, New York (April 23, 2008, 12:00 AM EDT) -- U.S. Supreme Court justices grilled attorneys but received few concrete answers during oral arguments on Wednesday over how much weight an insurance company's conflicts of interest should play in reversing a benefit plan claim rejection.

The high court heard arguments over whether a company that both administers and funds a benefit plan is operating under a conflict of interest, and if so, how that conflict should factor into the court's review of an administrator's denial of benefits.

The case between Metropolitan Life Insurance Co. and Wanda...
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