February 12, 2026
Symetra Life Insurance Co. has agreed to settle claims in a multidistrict litigation from a class of African Methodist Episcopal Church workers who alleged that mismanagement of their annuity retirement plan allowed a rogue employee to embezzle $90 million, although the agreement doesn't resolve the insurers' cross-claims against the church.
June 05, 2023
The African Methodist Episcopal Church urged a Tennessee federal judge to throw out an insurance company's claim that the church wrongly labeled the insurer as a retirement plan fiduciary, saying the dispute belongs in arbitration instead of the $90 million multidistrict litigation brought by AME workers.
March 23, 2022
A retired pastor in the African Methodist Episcopal Church has filed a proposed class action lawsuit in Tennessee federal court accusing the church, its pension fund caretakers and two benefits administration companies of lying about the amount of money in the church's pension fund.