Tag Archives: life insurance

Your life insurance may be illegal

In Billy Wilder’s 1944 film noir masterpiece, “Double Indemnity,” Phyllis Dietrichson (Barbara Stanwyck) seduces insurance agent Walter Neff (Fred MacMurray) into murdering her husband to collect on his accident policy. (Who knew insurance could be so seedy?)  The suspicious and relentless claims adjuster, Barton Keyes (Edward G. Robinson), eventually gets to the bottom of the scheme, … Continue Reading

ERISA’s “arbitrary and capricious” standard

There’s a disturbing article over at Bloomberg about the (pretty horrendous) games insurance companies play with respect to policies governed by ERISA.  The ironic thing is that the ERISA statute was designed to protect workers.  But the so-called “arbitrary and capricious” standard of review sets such a low bar that claims often get denied for reasons invented out … Continue Reading
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