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Press releases

  • 9/18/18 6:31 am EDT
    CHATTANOOGA, Tenn.--(BUSINESS WIRE)--Unum Group (NYSE:UNM) is announcing today that it has substantially completed its reserve review for its long-term care block of business, previously referenced in the company’s second quarter 2018 earnings release. Based on its analysis, the company expects to increase its long-term care GAAP reserves in the third quarter of 2018 by approximately $590 million after-tax, or approximately $750 million before-tax. Third quarter 2018 results aremore...
  • 9/4/18 9:57 am EDT
    CHATTANOOGA, Tenn.--(BUSINESS WIRE)--Employee benefits provider Unum (NYSE: UNM) finds that nearly half (45 percent) of 25-34-year-olds reported feeling stressed or worried when thinking about life insurance, compared to just 29 percent of those 35-49. Women were significantly more anxiety-ridden about life insurance, with 37 percent reporting feeling stressed or worried compared to just 23 percent of men. These results and other key findings were partmore...
  • 8/13/18 4:17 pm EDT

    Auto-enrollment for disability plans can help employees make better financial decisions

    CHATTANOOGA, Tenn.--(BUSINESS WIRE)--New research from employee benefits provider Unum (NYSE: UNM) shows nearly half of U.S. workers (49 percent) spend 30 minutes or less reviewing their benefits prior to enrollment, according to an online poll of 1,227 U.S. workers conducted last month. Respondents reported feeling stressed (21 percent), confused (22 percent) and anxious (20 percent) when enrolling in their benefits. “Navigating the sea ofmore...
  • 8/9/18 3:10 pm EDT

    Poll reveals U.S. workers value paid leave over flexible working arrangements

    CHATTANOOGA, Tenn.--(BUSINESS WIRE)--Employee benefits provider Unum (NYSE: UNM) finds the majority of workers (58 percent) want paid family leave from their employers, including nearly two-thirds (64 percent) of millennials. In an online poll of 1,227 working U.S. adults conducted last month, paid family leave outranks other popular perks*, like flexible and remote working options (55 percent), sabbatical leave (38 percent), student loan repayment assistance (35 percent), pet-more...
  • 8/8/18 4:15 pm EDT
    CHATTANOOGA, Tenn.--(BUSINESS WIRE)--Unum Group (NYSE: UNM) announced today that Rick McKenney, President and CEO, will be representing the company at the Keefe, Bruyette & Woods Insurance Conference, Wednesday, September 5, 2018, in New York City. McKenney is scheduled to speak at 2:45 p.m. eastern and will discuss the company’s business strategy and future growth prospects. There will be a live audio webcast of the presentation available on the Investors section ofmore...
  • 8/1/18 10:02 am EDT
    CHATTANOOGA, Tenn.--(BUSINESS WIRE)--Unum (NYSE: UNM) has been named one of the 2018 Disability Equality Index® (DEI) “Best Places to Work” by the United States Business Leadership Network, now known as Disability: IN, and the American Association of People with Disabilities. “At Unum, we’re focused on creating a workplace where everyone’s ideas are heard, and where every individual feels welcome and respected and is afforded the chance to succeed,” said Lisamore...
  • 7/30/18 4:15 pm EDT
    CHATTANOOGA, Tenn.--(BUSINESS WIRE)--Unum Group (NYSE: UNM) today reported net income of $285.5 million ($1.29 per diluted common share) for the second quarter of 2018, compared to net income of $245.1 million ($1.07 per diluted common share) for the second quarter of 2017. Included in net income are net after-tax realized investment gains and losses on the Company’s investment portfolio. Excluding net after-tax realized investment gains and losses, after-tax adjustedmore...
  • 7/16/18 4:59 pm EDT
    CHATTANOOGA, Tenn.--(BUSINESS WIRE)--Effective July 16, 2018, the Unum Group (NYSE:UNM) Board of Directors declared a quarterly dividend of $0.26 per share on its common stock to be paid on August 17, 2018, to stockholders of record on July 30, 2018. ABOUT UNUM GROUP Unum Group is a leading provider of financial protection benefits in the United States and the United Kingdom. Its primary businesses are Unum US, Colonial Life, and Unum UK. Unum’s portfoliomore...
  • 7/12/18 3:47 pm EDT
    CHATTANOOGA, Tenn.--(BUSINESS WIRE)--A dedicated protocol for managing behavioral health claims is helping Unum (NYSE: UNM) customers experience more favorable return-to-work outcomes. Using a strategic mix of early intervention; triaged specialist support; and partnership among employers, medical experts, and vocational rehabilitation consultants, Unum has seen: A 15 percent reduction in short term disability behavioral health claims transitioning to long termmore...
  • 7/11/18 9:00 am EDT
    CHATTANOOGA, Tenn.--(BUSINESS WIRE)--Unum (NYSE: UNM), a leading provider of financial protection benefits in the U.S. and U.K., today said that Wade Hinton has been appointed vice president of Diversity and Inclusion for the company effective August 20. In his role, he will be responsible for strategic diversity and inclusion programming to ensure Unum’s culture, environment and business approach in every area is inclusive and respectful to all. His work willmore...