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Press releases

  • 11/19/08 11:00 am EST

    Survey from Unum shows boomers and gen Y count on work for benefits

    CHATTANOOGA, Tenn.--(BUSINESS WIRE)--A recent study conducted by Harris Interactive and commissioned by Unum (NYSE: UNM) reveals that when it comes to employee benefits, two very different generations have something important in common: they both consider the workplace their best source of benefits education. “As home values slip and the stock market fluctuates, it has never been more important to educate workers about their options for coverage that can help protect theirmore...
  • 11/14/08 3:00 pm EST

    Varying costs of long term care are important consideration in
    financial planning

    CHATTANOOGA, Tenn.--(BUSINESS WIRE)--The costs of long term care vary across the country from a low of $19,296 per year for in-home care in Louisiana to a high of $177,634 for full-service nursing home care in Alaska, according to Unum’s (NYSE: UNM) Long Term Care Cost Survey 2008. Understanding these costs is a critical part of financial planning for the long term. “We’re all watching the stock market scramble our nest eggs,” said John Noble, director of long termmore...
  • 11/7/08 7:00 pm EST

    Annual Long Term Care study reveals trends in coverage, growth in

    CHATTANOOGA, Tenn.--(BUSINESS WIRE)--One year ago this week, Linda1 suffered a debilitating stroke at the age of 52. This week, she’s planning a Mother and Son Retreat at her two teenage sons’ school. Tremendous family support, six months of in-home care covered by long term care insurance and a positive attitude helped Linda make a remarkable recovery. “After coffee one morning with a girlfriend, I had an extremely bad headache that landed me in the ER. Doctorsmore...
  • 11/7/08 1:45 pm EST reaches new audiences, reflects social value of products and

    CHATTANOOGA, Tenn.--(BUSINESS WIRE)--With the launch of a completely redesigned and expanded website, Unum (NYSE:UNM) reaches new audiences with the message of better benefits at work. “Our new website is a better reflection of who we are today and is consistent with both our brand and our leadership in the industry,” said Joe Foley, senior vice president and chief marketing officer. “As the public face of the company on the Internet,more...
  • 11/3/08 6:47 pm EST

    Unums 2008 Buyers Study Offers Data on
    Easing Costs While Expanding Protection

    CHATTANOOGA, Tenn.--(BUSINESS WIRE)--The unsteady stock market, broad job cuts and falling home values have made for a tense, sometimes scary, year. In this time of economic uncertainty, we hear a lot about the importance of savings and managing expenses. Often overlooked, however, is the role employee benefits play in protecting the financial stability of workers and their families. Among the statistics in Unum’s (NYSE: UNM) 2008 Buyers Study that indicate the importancemore...
  • 10/31/08 10:00 am EDT

    Long term care benefits leader Unum reveals sales trends in group

    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...