Mack Boring And Parts v. Meeker Sharkey Moffitt

How courts have described this case

Verbatim parenthetical descriptions written by other courts when citing this decision. Ranked by citation-network relevance.

• noting state regulations requiring insurers to treat all contractholders fairly and equitably
• “[T]he term ‘benefit,’ when used in ERISA, uniformly refers only to payments due to the plan participants or beneficiaries”
• “benefits” refers only to payments to participants or beneficiaries; payments to plan sponsors can be variable without defeating guaranteed benefit exclusion
• statute’s use of phrase “provides for” does not require that the benefits contracted for be delivered immediately; it is enough that the contract provides for guaranteed benefits “at some finite point in the future”

Source: CourtListener parenthetical corpus (CC0).