Voluntary Benefits Are Focus Of 4 ERISA Suits Against Large Employers, Brokers

( December 30, 2025, 9:35 AM EST) -- “Voluntary” accident, critical illness and hospital indemnity insurance programs are the focus of four recent putative class actions filed under the Employee Retirement Income Security Act against large employers and insurance brokers, with the plaintiffs alleging that they paid “excessive and unreasonable premiums” because of mismanagement and prohibited transactions....