Uptick in subrogation lawsuits raises concerns
Advisers should ensure clients have a realistic payment-integrity solution on the front end and robust claims recovery program on the tail end for capturing overpayments.
Advisers should ensure clients have a realistic payment-integrity solution on the front end and robust claims recovery program on the tail end for capturing overpayments.
As voluntary benefits litigation plays out, compensation structures are expected to be measured against data, benchmarking and fiduciary process.
Experts suggest that process and disclosure matter more than ever in the face of class-action lawsuits alleging overpayments on voluntary benefits premiums.
Benefit brokers and advisers could face legal scrutiny if they fail to disclose indirect compensation and are advised to vet TPA contracts more carefully.
Since March, working parents have filed at least 40 lawsuits accusing employers of illegally denying parental leave or subjecting them to other forms of discrimination.
Five workers and their families allege that the fast-food chain is endangering its employees.
The wealth manager claimed bank management knew a customer had a history of sexual harassment, but allowed him to continue doing business at the branch anyway.