Press releases

  • Garofalo moves into top HR role at Unum, Farrar announces retirement
    5/16/12 2:30 pm EDT
    CHATTANOOGA, Tenn.--(BUSINESS WIRE)--Unum Group (NYSE:UNM) today announced that Diane Garofalo will become the new senior vice president of Corporate Human Resources. Eileen Farrar, who currently holds that position, has announced her retirement from the company at year end. “Eileen has made many significant contributions in her 33 years with Unum, most recently as a member of my management team,” said Thomas R. Watjen, chief executive officer of Unum. “We will certainlymore...
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  • Cancer, pregnancy continue to lead disability causes for Unum
    5/8/12 2:00 pm EDT

    Research reveals most employees think injuries prompt missed work

    CHATTANOOGA, Tenn.--(BUSINESS WIRE)--For more than a decade, cancer, pregnancy and back disorders have been the top causes of disability claims for Unum (NYSE: UNM), the leading provider of disability benefits. That trend continued in 2011, but new research reveals that most employees think injuries cause the most missed work, pointing to a fundamental misunderstanding of what events are most likely to lead to disability. “The kinds of circumstances thatmore...
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  • Unum Group’s Board of Directors Votes to Increase Common Stock Dividend
    5/1/12 4:02 pm EDT
    CHATTANOOGA, Tenn.--(BUSINESS WIRE)--Unum Group (NYSE: UNM) announced today that its Board of Directors has authorized an increase of 23.8 percent in the quarterly dividend paid on its common stock. The new quarterly dividend rate of 13 cents per common share will be effective with the dividend expected to be paid in the third quarter of 2012. “Our businesses continue to generate solid cash flow which we regularly return to our shareholders through dividends and our sharemore...
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  • Unum Group Reports First Quarter 2012 Results
    5/1/12 4:00 pm EDT
    CHATTANOOGA, Tenn.--(BUSINESS WIRE)--Unum Group (NYSE: UNM) today reported net income of $213.9 million ($0.73 per diluted common share) for the first quarter of 2012, compared to net income of $223.6 million ($0.71 per diluted common share) for the first quarter of 2011. Included in the results for the first quarter of 2012 are net after-tax gains of $0.7 million (less than $0.01 per diluted common share) resulting from the combined impact of net realized investment gainsmore...
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  • National Survey Reveals Important Income Protection Needs, and Opportunities, for Employees and Their Families
    4/30/12 12:15 pm EDT

    Research by CFA and Unum shows workers know little about disability insurance, despite expecting financial hardship if unable to work

    Once informed about employer-sponsored coverage, almost all workers want this insurance and are willing to pay for it

    WASHINGTON--(BUSINESS WIRE)--In a national survey of nearly 1,200 employees, the Consumer Federation of America (CFA) and Unum learned that workers know little about group disability insurance, even important characteristics of what coverage they may have. But when given information about this financial protection benefit, nine out of 10 employees say they want this coverage and would pay for it. In the CFA-Unum survey, only 13 percent of all employees saymore...
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  • Unum Group declares quarterly dividend of 10.5 cents per share of its common stock
    4/16/12 4:00 pm EDT
    CHATTANOOGA, Tenn.--(BUSINESS WIRE)--Effective April 16, 2012, the Unum Group (NYSE:UNM) Board of Directors declared a quarterly dividend of 10.5 cents per share on its common stock to be paid on May 18, 2012, to stockholders of record on April 30, 2012. ABOUT UNUM Unum (www.unum.com) is one of the leading providers of employee benefits products and services and the largest provider of group and individual disability income protection insurance in themore...
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  • CORRECTING and REPLACING Unum Group to release first quarter 2012 results and host conference call
    4/2/12 4:07 pm EDT
    CHATTANOOGA, Tenn.--(BUSINESS WIRE)--Reissuing to correct conference call call-in numbers. The corrected release reads: UNUM GROUP TO RELEASE FIRST QUARTER 2012 RESULTS AND HOST CONFERENCE CALL Unum Group (NYSE: UNM) will release its first quarter results on Tuesday, May 1, at approximately 4 p.m. Eastern. The earnings news release and the financial supplement will be available in the Investors section of the company’s website at www.investors.unum.more...
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  • New products from Unum complement high-deductible health plans
    3/28/12 11:00 am EDT

    Group accident and enhanced group critical illness help address growing costs

    CHATTANOOGA, Tenn.--(BUSINESS WIRE)--New group accident coverage and an enhanced group critical illness product from Unum (NYSE:UNM) offer employers and their employees new options for addressing the growing costs of health care. More than a decade of year-over-year increases in health insurance costs has propelled businesses to make significant adjustments in their benefits strategies. A leading trend includes shifting more benefit costs and decision-making to employeesmore...
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  • Unum CEO addresses Senate committee on value of financial protection benefits for American workers
    3/22/12 2:30 pm EDT

    Industry experts discuss key role of employer-sponsored disability coverage

    WASHINGTON--(BUSINESS WIRE)--Unum (NYSE: UNM) CEO Tom Watjen spoke today at a Senate committee hearing on the value of income protection benefits to individuals, businesses and the government as well as the need for the private disability insurance industry and the government to work together to expand these coverages. “The ability to earn a living is the most important asset people have, and protecting that asset benefits individuals, families, businesses andmore...
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  • Unum Group to present at the J.P. Morgan 2012 Insurance Conference
    3/22/12 11:00 am EDT
    CHATTANOOGA, Tenn.--(BUSINESS WIRE)--Unum Group (NYSE: UNM) announced today that Rick McKenney, executive vice president and chief financial officer, will be representing the company at the J.P. Morgan 2012 Insurance Conference, March 29, 2012, in New York City. McKenney is scheduled to speak at 9:45 a.m. Eastern and will discuss the company’s business strategy and future growth opportunities. Interested parties may hear the comments in listen-only mode. A dial-in numbermore...
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