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Tyll v. Stanley Black & Decker: When Plan Ambiguity Cost an Employer $4 Million

By Jacob Mattinson, J. Christian Nemeth, Judith Wethall & Elizabeth M. Rowe on September 12, 2019

An employer learned the full cost of ambiguity when a Connecticut federal district court agreed with an employee’s widow that the word “maximum” was ambiguous in the company’s life insurance plan, thus making the widow entitled to an additional $4 million in benefits. This decision serves as a warning for employers sponsoring insured benefits.

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  • Posted in:
    Employment & Labor
  • Blog:
    Employee Benefits Blog
  • Organization:
    McDermott Will & Emery
  • Article: View Original Source

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