On Behalf of McKennon Law Group PC | Nov 8, 2017 | Disability Insurance, Disability Insurance News, ERISA, Firm News, Group Plans, Life Insurance, News Blog
In a deal between two of the country’s largest disability insurers, The Hartford agreed to purchase Aetna Life Insurance Company’s group life insurance and disability insurance business for $1.45 billion. After the purchase, which is expected to close before the end...
On Behalf of McKennon Law Group PC | Sep 28, 2017 | Disability Insurance, Disability Insurance News, ERISA, Firm News, Group Plans, Health/Medical Insurance, Insurance Litigation Blog, News Blog
Summary Plan Descriptions (“SPD”) under ERISA are required to be given to plan participants, and they provide plan participants with the most important summary of plan terms they need to know regarding their ERISA governed plans. ERISA requires SPDs to “be written in...
On Behalf of McKennon Law Group PC | Aug 5, 2017 | Disability Insurance, Disability Insurance News, ERISA, Firm News, Group Plans, Health/Medical Insurance
When individuals are enrolled in a group benefit plans, they are typically provided with a “Summary Plan Description” (“SPD”) which is a document that communicates plan rights and obligations to participants and beneficiaries under their ERISA plan. While the actual...