UnumProvident Tagged Articles

AIG’s self indulgence linked to Unum’s former CEO
Posted: April 17, 2009 Consumer Fraud

Remember the $165 million in bonuses that American International Group (AIG) awarded to its executives after accepting more than $170 billion in federal bailout money? Those bonuses, which have become a symbol of corporate greed and self-indulgence in the eyes

Denying disability may be just one of Unum’s profitability tricks
Posted: March 16, 2009 Consumer Fraud

Barron’s ran an article this month that claimed the disability insurer Unum “may be casting its numbers in an overly rosy light” in an effort to appear profitable and attract investors. The article, which can be read here, casts doubt

Unum second on list of the worst American insurance companies
Posted: February 25, 2009 Consumer Fraud

The American Association for Justice (AAJ) recently ranked Unum number two in its published list of Ten Worst Insurance Companies in America. The report opens with an overview of the insurance industry’s staggering assets and wealth, which amount to just

UnumProvident federal trial in progress
Posted: October 2, 2008 Consumer Fraud

UnumProvident’s trial has begun in federal court in Boston. The insurance conglomerate has been accused of fraudulently sticking the federal government with several million dollars in disability claims. Some of the allegations made against the UnumProvident include an apparent cost-cutting