Indiana Funeral Directors Insurance Trust v. Trustmark Insurance Corporation - In the United States Court of Appeals for the Seventh Circuit - Book

By In the United States Court of Appeals for the Seventh Circuit

Release Date: 2003-10-21
Genre: Law

Description

The Indiana Funeral Directors Insurance Trust ("IFIT") is an Indiana trust formed by several small funeral directors to sponsor a self-funded employee welfare benefit plan. After purchasing insurance from other providers, IFIT eventually bought a policy from Trustmark Insurance Corporation ("Trustmark"), which agreed to reimburse IFIT for medical expenses that exceeded a designated "stop loss" amount. IFIT brought this suit against Trustmark in federal district court, claiming that Trustmark failed to provide indemnification as required by the policy. A magistrate judge, sitting by consent of the parties, 28 U.S.C. Â§ 636(c), entered summary judgment in favor of Trustmark. IFIT appeals and we affirm.

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