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Press releases

  • 10/31/08 10:00 am EDT

    Long term care benefits leader Unum reveals sales trends in group
    market

    CHATTANOOGA, Tenn.--(BUSINESS WIRE)--Last year not one Unum (NYSE: UNM) group long term care policy was purchased for nursing home care only, evidence of a dramatic trend indicating Americans’ desire to “age in place”. In Unum’s third annual Landscape of Long Term Care, the company reports a steady increase in policies with the home care option. As the leader in the group long term care market, Unum provides an annual review of sales and claims trends each fall inmore...
  • 10/30/08 4:00 pm EDT

    Continued Strong Performance across All Core Segments

    Strong Capital Position Maintained

    Group Disability Benefit Ratio Continues to Trend Downward

    CHATTANOOGA, Tenn.--(BUSINESS WIRE)--Unum Group (NYSE: UNM) today announced its results for the third quarter of 2008. The Company reported net income of $108.0 million ($0.32 per diluted common share) in the third quarter of 2008, compared to a net income of $187.0 million ($0.52 per diluted common share) in the third quarter of 2007. Included in the results for the third quarter of 2008 are net realized after-tax investment losses of $108.9 million ($0.32 per dilutedmore...
  • 10/23/08 12:34 pm EDT

    Jury rules in favor of Unum on majority of claims, awards damages of
    less than $3,000

    CHATTANOOGA, Tenn.--(BUSINESS WIRE)--A news release issued this morning by Washington law firm Phillips & Cohen LLP claiming victory in a trial against Unum regarding Social Security Claims is misleading and filled with inaccuracies. The jury actually sided with Unum on the majority of claims. The two claims that were decided in favor of the plaintiff resulted in a total award of less than $3,000. "This is a blatant attempt by Phillipsmore...
  • 10/17/08 5:00 pm EDT

    Unum companies make the lists in Tennessee, South Carolina and Maine

    PORTLAND, Maine--(BUSINESS WIRE)--This week, Unum (NYSE: UNM) received a “Best Employer in Maine” award for the third year. The award recognizes companies that have established and consistently promote outstanding workplace environments. A total of 26 Maine businesses made it on the list and Unum ranked No. 3 in the large company category. Earlier this year, Unum was recognized as a “Best Place to Work” in Tennessee and Unum subsidiary Colonial Life wasmore...
  • 10/16/08 2:00 pm EDT
    CHATTANOOGA, Tenn.--(BUSINESS WIRE)--New group critical illness coverage from Unum (NYSE:UNM) offers employees more ways to protect themselves and their families from the costs of serious illness and makes it easier for employers to offer the benefit. “As the costs of health care insurance grow and gaps in health coverage widen, the need for critical illness coverage will only increase,” said Scott Brown, director, product and market development at Unum. “Thismore...
  • 10/15/08 7:45 am EDT

    Expects Third Quarter Operating Income of $0.62 to $0.64 Per Share

    Expects 2008 Full Year Operating Income at Upper End of Previous
    Guidance of $2.46 to $2.51 Per Share

    Has No Plans to Raise Additional Capital as Strong Capital and
    Liquidity Positions Continue to Provide Significant Financial Flexibility

    CHATTANOOGA, Tenn.--(BUSINESS WIRE)--Unum Group (NYSE: UNM) today announced preliminary results for the third quarter of 2008. The Company expects net income for the third quarter of 2008 to be between $100 and $108 million ($0.30 to $0.32 per diluted common share) and after-tax operating income for the third quarter of 2008 to be between $209 and $217 million ($0.62 to $0.64 per diluted common share). Based on preliminary estimates, the Company has provided the followingmore...
  • 10/14/08 10:00 am EDT

    Custom solutions created for Hispanic consumers

    CHATTANOOGA, Tenn.--(BUSINESS WIRE)--Unum (NYSE: UNM) has created a specialized approach to serving its Spanish-speaking customers, from customized employee education and enrollment materials, to bilingual call centers and on-claim support. People of Hispanic origin comprise the largest ethnic minority in the United States, making up 15 percent of the nation’s total population. The estimated Hispanic population is expected to more than double to 102.6 million by 2050. Unummore...
  • 10/14/08 10:00 am EDT

    Soluciones para los consumidores Latinos

    CHATTANOOGA, Tenn.--(BUSINESS WIRE)--Unum (NYSE: UNM) ha desarrollado un enfoque especializado para atender a sus clientes hispanohablantes, incluyendo materiales educativos acerca de los beneficios y del proceso de inscripción, y centros bilingües de servicio al cliente y de asistencia con reclamaciones. Los Latinos constituyen la mayor minoría étnica de los Estados Unidos y representan el 15% de la población total del país. Se cree que la población Latina estimadamore...
  • 10/8/08 4:00 pm EDT
    CHATTANOOGA, Tenn.--(BUSINESS WIRE)--Effective October 7, 2008, the Unum Group Board of Directors (NYSE: UNM) declared a quarterly dividend of $0.075 per share on its common stock to be paid on November 21, 2008, to stockholders of record on October 27, 2008. 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 insurancemore...
  • 9/30/08 11:15 am EDT
    CHATTANOOGA, Tenn.--(BUSINESS WIRE)--Unum Group (NYSE:UNM) today announced that Liston Bishop III has been appointed executive vice president and general counsel for the company. Bishop has served as Unum’s interim general counsel since February 2008. He joins the company from Miller & Martin PLLC, a prominent law firm with offices in Atlanta, Chattanooga and Nashville, where he has practiced corporate and securities law since 1979. He also served as vice president andmore...