Legal Opinion
Crosse v. BCBSD, INC.
Supreme Court of Delaware
Decided September 22, 2003No. 10,2003PublishedCited by 82 opinions
1Opinion of the Court
VEASEY, Chief Justice:
In this appeal, we consider for the first time whether a non-profit health insurance company owes fiduciary duties to its plan participants. 1 Like other typi- eal insurance contracts, no fiduciary duty exists because the interests- of the plan participants and the insurer are not perfectly aligned. The relationship between the insurer and each insured, even in the case of a not-for-profit entity, is purely contractual. Accordingly, we affirm the judgment of the Court of Chancery dismissing the fiduciary duty claim.
The Court of Chancery also properly found that it lacked…
2Cases cited6 opinions
- Pilot Life Insurance v. DedeauxSupreme Court of the United States · 1987
- WALLACE EX REL. CENCOM v. WoodCourt of Chancery of Delaware · 1999
- Grand Ventures, Inc. v. WhaleySupreme Court of Delaware · 1993
- Kent General Hospital, Inc. v. Blue Cross & Blue Shield of Delaware, Inc.Supreme Court of Delaware · 1982
- Corrado Bros., Inc. v. Twin City Fire InsuranceSupreme Court of Delaware · 1989
1 more not listed; retrieve them via the Exa API.
3Cited by82 opinions
- Commonwealth v. Golden Gate Nat'l Senior Care LLCSupreme Court of Pennsylvania · 2018
- The Honorable Karen Weldin Stewart, CIR-ML, Insurance Commissioner v. Wilmington Trust SP Services, Inc.Court of Chancery of Delaware · 2015
- Sky Cable, LLC v. DirecTV, Inc.Court of Appeals for the Fourth Circuit · 2018
- ASARCO LLC v. Americas Mining Corp.District Court, S.D. Texas · 2007
- Trevino v. Merscorp, Inc.District Court, D. Delaware · 2008
77 more not listed; retrieve them via the Exa API.