Boston Fed adds banking, real estate execs to board
The Federal Reserve Bank of Boston has tapped three new members to its board of directors, two of whom were previously named to the Business Journal ’s most recent Power 50 list.
Kimberly Sherman-Stamler, president of real-estate development firm Related Beal; Roger W. Crandall, chairman, president and CEO of Massachusetts Mutual Life Insurance Co.; and Bruce Van Saun, chairman and CEO of Citizens Financial Group (NYSE: CFG) were all named to the board, the mission of which is to promote sound… (Source: bizjournals.com Health Care:Pharmaceuticals headlines)
Source: bizjournals.com Health Care:Pharmaceuticals headlines - January 17, 2019 Category: Pharmaceuticals Authors: Catherine Carlock Source Type: news
Boston Fed adds banking, real estate execs to board
The Federal Reserve Bank of Boston has tapped three new members to its board of directors, two of whom were previously named to the Business Journal ’s most recent Power 50 list.
Kimberly Sherman-Stamler, president of real-estate development firm Related Beal; Roger W. Crandall, chairman, president and CEO of Massachusetts Mutual Life Insurance Co.; and Bruce Van Saun, chairman and CEO of Citizens Financial Group (NYSE: CFG) were all named to the board, the mission of which is to promote sound… (Source: bizjournals.com Health Care:Biotechnology headlines)
Source: bizjournals.com Health Care:Biotechnology headlines - January 17, 2019 Category: Biotechnology Authors: Catherine Carlock Source Type: news
Panel Denies Rehearing, Allows Ruling In Disability Insurer's Favor To Stand
CINCINNATI - The Sixth Circuit U.S. Court of Appeals on Jan. 9 refused to reconsider its ruling that a district court did not err in concluding that a disability claimant was not disabled from his own occupation as an anesthesiologist because the medical evidence supported the insurer's finding that the claimant could perform the duties of his own occupation with appropriate accommodations (Timothy O'Neill D.O. v. Unum Life Insurance Company of America, No. 18-1382, 6th Cir., 2019 U.S. App. LEXIS 817). (Source: LexisNexis® Mealey's™ Disability Insurance Legal News)
Source: LexisNexis® Mealey's™ Disability Insurance Legal News - January 15, 2019 Category: Medical Law Source Type: news
Disability Insurer Did Not Abuse Discretion In Denying STD Benefits, Panel Says
SAN FRANCISCO - A disability insurer did not abuse its discretion in terminating a claimant's short-term disability benefits because none of the claimant's treating physicians found that the claimant was functionally impaired from performing the duties of his own occupation, the Ninth Circuit U.S. Court of Appeals said Dec. 10 (Daniel Johnson v. Aetna Life Insurance Co., et al., No. 17-55501, 9th Cir., 2018 U.S. App. LEXIS 34657). (Source: LexisNexis® Mealey's™ Disability Insurance Legal News)
Source: LexisNexis® Mealey's™ Disability Insurance Legal News - January 15, 2019 Category: Medical Law Source Type: news
Florida Federal Judge Says Termination Of LTD Benefits Not Arbitrary, Capricious
JACKSONVILLE, Fla. - A Florida federal judge on Jan. 8 adopted a magistrate judge's recommendation to grant a disability insurer's motion for summary judgment after determining that the insurer's termination of benefits was not arbitrary and capricious (Rebecca McCook v. Aetna Life Insurance Co., No. 17-823, M.D. Fla., 2019 U.S. Dist. LEXIS 2946). (Source: LexisNexis® Mealey's™ Disability Insurance Legal News)
Source: LexisNexis® Mealey's™ Disability Insurance Legal News - January 15, 2019 Category: Medical Law Source Type: news
Claimant Met Burden; Additional LTD Benefits Owed, Federal Judge Says
SALT LAKE CITY - A disability claimant is entitled to an additional eight months of long-term disability (LTD) payments because the claimant proved by a preponderance of the evidence that his disability prevents him from working in his occupation as an attorney, a Utah federal judge said Dec. 10 (Ralph Dewsnup v. Unum Life Insurance Company of America, No. 17-126, D. Utah, 2018 U.S. Dist. LEXIS 208688). (Source: LexisNexis® Mealey's™ Disability Insurance Legal News)
Source: LexisNexis® Mealey's™ Disability Insurance Legal News - January 15, 2019 Category: Medical Law Source Type: news
Insurer Reasonably Found That Disability Was Caused By Depression, Anxiety
ST. LOUIS - A disability insurer reasonably concluded that a claimant's disability was caused by depression and anxiety rather than fibromyalgia because the objective medical records did not support the claimant's complaints of physical pain, the Eighth Circuit U.S. Court of Appeals said Jan. 9 (Marianne Thiry v. United of Omaha Life Insurance Co., et al., No. 17-3288, 8th Cir., 2019 U.S. App. LEXIS 613). (Source: LexisNexis® Mealey's™ Disability Insurance Legal News)
Source: LexisNexis® Mealey's™ Disability Insurance Legal News - January 15, 2019 Category: Medical Law Source Type: news
Disability Claimant Fails To Allege Plan Was Improperly Amended, Panel Says
CINCINNATI - A district court did not err in granting judgment in favor of a disability insurer and a plan administrator because the claimant failed to allege in the district court that the plan was improperly amended, the Sixth Circuit U.S. Court of Appeals said Jan. 3 (David Moore v. Metropolitan Life Insurance Co., et al., No. 18-5325, 6th Cir., 2019 U.S. App. LEXIS 239). (Source: LexisNexis® Mealey's™ Disability Insurance Legal News)
Source: LexisNexis® Mealey's™ Disability Insurance Legal News - January 15, 2019 Category: Medical Law Source Type: news
Florida Federal Judge Says It Is Not Clear If Preemption Applies In Disability Suit
FORT MYERS, Fla. - A Florida federal judge on Dec. 12 denied a motion to dismiss state law claims alleged against two disability insurers because it is not clear from the pleadings that the policies are governed by the Employee Retirement Income Security Act and that the state law claims would therefore be preempted (Marcus Allen, M.D. v. First Unum Life Insurance Co., et al., No. 18-69, M.D. Fla., 2018 U.S. Dist. LEXIS 209454). (Source: LexisNexis® Mealey's™ Disability Insurance Legal News)
Source: LexisNexis® Mealey's™ Disability Insurance Legal News - January 15, 2019 Category: Medical Law Source Type: news
Bad Faith Claim Barred By Statute Of Limitations, Federal Judge Determines
SAN DIEGO - A California federal judge on Dec. 10 dismissed a disability claimant's bad faith claim after determining that the claim is barred by the applicable two-year statute of limitations because accrual of the bad faith claim began when the insurer issued its initial benefits determination and not when the insurer issued its decision on appeal (Frank L. Pavel v. Unum Life Insurance Company of America, et al., No. 18-1778, S.D. Calif., 2018 U.S. Dist. LEXIS 209019). (Source: LexisNexis® Mealey's™ Disability Insurance Legal News)
Source: LexisNexis® Mealey's™ Disability Insurance Legal News - January 15, 2019 Category: Medical Law Source Type: news
Disability Claimant Cannot Supplement Record To Include Letter Awarding Benefits
BAY CITY, Mich. - A disability claimant cannot supplement the administrative record to include a letter from the disability insurer awarding her benefits because the letter was issued after the district court determined that the claimant is not entitled to an award for attorney fees and costs, a Michigan federal judge said Dec. 10 in denying the claimant's motion (Kimberly J. Guest-Marcotte v. Life Insurance Company of North America, et al., No. 15-10738, E.D. Mich., 2018 U.S. Dist. LEXIS 208252). (Source: LexisNexis® Mealey's™ Disability Insurance Legal News)
Source: LexisNexis® Mealey's™ Disability Insurance Legal News - January 15, 2019 Category: Medical Law Source Type: news
What are Alabama's healthiest counties?
A recent study ranks Alabama's healthiest places, and one metro county makes the list.
SmartAsset evaluated three factors for an analysis of Alabama's counties: length of life, health behaviors and health care access. It released its findings in "Life Insurance Study: America's Healthiest Places."
Shelby County ranked as the healthiest place in the state. SmartAsset reports 14 perc ent of its residents are adult smokers, the obesity rate is 30.1 percent, uninsured rate is 10.6 percent and excessive… (Source: bizjournals.com Health Care:Pharmaceuticals headlines)
Source: bizjournals.com Health Care:Pharmaceuticals headlines - December 27, 2018 Category: Pharmaceuticals Authors: Stephanie Rebman Source Type: news
Disability Insurer Conducted Full, Fair Review, Judge Says Following Bench Trial
LOS ANGELES - Following a bench trial in a short-term disability (STD) benefits dispute, a California federal judge on Nov. 26 granted judgment in favor of the disability insurer after determining that the insurer conducted a full and fair review of the disability claim and did not abuse its discretion in denying the claim for benefits (Yvette Williby v. Aetna Life Insurance Co., No. 14-4203, C.D. Calif., 2018 U.S. Dist. LEXIS 201708). (Source: LexisNexis® Mealey's™ Disability Insurance Legal News)
Source: LexisNexis® Mealey's™ Disability Insurance Legal News - December 17, 2018 Category: Medical Law Source Type: news
Termination Of Disability Benefits Was Unreasonable, Federal Judge Determines
JOPLIN, Mo. - A disability claimant is entitled to long-term disability (LTD) benefits under a plan's any-occupation standard because the plan's termination of benefits was unreasonable based on the fact that only one doctor, who performed a file review, determined that the claimant was not disabled under the any-occupation standard, a Missouri federal judge said Dec. 6 (Jamie S. Flanagan v. Lincoln National Life Insurance Co., No. 17-5060, W.D. Mo., 2018 U.S. Dist. LEXIS 206031). (Source: LexisNexis® Mealey's™ Disability Insurance Legal News)
Source: LexisNexis® Mealey's™ Disability Insurance Legal News - December 17, 2018 Category: Medical Law Source Type: news
California Federal Judge Grants Parties' Request To Dismiss Disability Suit
SANTA ANA, Calif. - A California federal judge on Nov. 6 dismissed a disability claimant's suit against a long-term disability (LTD) insurer after the parties notified the court that they reached an agreement to dismiss the suit (Karen Compton v. Life Insurance Company of North America, et al., No. 18-184, C.D. Calif., 2018 U.S. Dist. LEXIS 192680). (Source: LexisNexis® Mealey's™ Disability Insurance Legal News)
Source: LexisNexis® Mealey's™ Disability Insurance Legal News - December 17, 2018 Category: Medical Law Source Type: news