Insurers Ask 1st Circ. To Strip Cert. In ERISA Suit

Law360, New York (November 15, 2011, 9:14 PM EST) -- Two Cigna Corp. units on Monday asked the First Circuit to reverse a lower court’s decision to provisionally certify a class of life insurance beneficiaries who claim the insurers retained death benefits from employee plan policies for investments instead of paying them out.

In their brief, the Life Insurance Co. of North America and the Connecticut General Life Insurance Co. asked the appeals court to overturn a June decision by a Massachusetts federal judge, arguing that there were critical differences in the terms of the thousands...
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