Leading Disability Carrier, UnumProvident Target of Litigation
Posted
10:29 AM
by Michael Fox
Douglas Shuit's story in Workforce details some of the litigation that has engulfed UnumProvident over denials of disability policies. According to the company, only 1% of claims are denied, but a large verdict in Arizona and a fine by the Georgia Department of Insurance have made them a more attractive target. UnumProvident is now having to fight on several fronts - the courtroom, the media and the stock market as their stock price has had a precipitous decline. Probably worth reading and following, particularly if your company has their disability coverage.
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