Insurance Company Scores Win In ERISA Suit

Law360, New York (August 21, 2006, 12:00 AM EDT) -- Two insurance salesmen have lost a class action appeal against their employer, AXA Network LLC, that alleged the life insurance brokerage deliberately cheated them out of benefits by altering how insurance salesmen are classified as full-time employees.

On Friday, the U.S. Court of Appeals for the Seventh Circuit upheld a district court’s decision to award AXA summary judgment on the grounds that the limitation period for the salesmen’s claim had already expired.

“We agree with the district court that the plaintiffs' claim is time-barred. Accordingly, we...
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