4th Circuit: Plan Administrator’s Benefit Calculation Reasonable
RICHMOND, Va. – A plan administrator’s interpretation of its policy language in calculating benefits was reasonable, the Fourth Circuit U.S. Court of Appeals ruled Jan. 11, upholding a grant of summary judgment to the insurer (Kenneth Fortier v. Principal Life Insurance Co., No. 10-1441, 4th Cir.; 2012 U.S. App. LEXIS 557).
Full story on lexis.com (Source: LexisNexis® Mealey’s™ Disability Insurance Legal News)
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