Monday, April 19, 2010

New York to join the roster of states outlawing phony-baloney discretion?

Colleague Scott Reimer reports that New York is considering the prohibition of "discretionary" language in insurance policies. These things are poison to any notion of fairness and justice when dealing with an ERISA insurer, and some states are getting with the program already. It certainly can't hurt to see if your state is on the right side of this and to make some noise if it isn't.

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