| Date | Title | | | 11/23/09 | Unum Group to Present at the FBR Capital Markets 2009 Fall Investor Conference| CHATTANOOGA, Tenn.--(BUSINESS WIRE)--Nov. 23, 2009--
Unum Group (NYSE: UNM) announced today that Thomas R. Watjen, president
and chief executive officer, will be representing the company at the FBR
Capital Markets 2009 Fall Investor Conference on Dec. 1 in New York City.
Watjen is scheduled to speak at 1:35 p.m. Eastern and will discuss the
company’s business strategy and future growth opportunities. There will
be a live audio webcast of the ... |
|  | | 11/18/09 | There's No Place Like Home|
Unum’s 4th Annual Landscape of Long Term
Care Reveals Claimants Prefer to Age in Place
CHATTANOOGA, Tenn.--(BUSINESS WIRE)--Nov. 18, 2009--
When Ruth Adams’ husband Norman* was diagnosed with Parkinson’s disease
12 years ago, Mrs. Adams decided to keep her husband at home as long as
possible. “I know he would do the same for me. I have no doubts,” she
said.
The couple’s Unum (NYSE: UNM) l... |
| | | 11/12/09 | The Role of Long Term Care Insurance in a Complete Financial Plan|
Unum's 4th Annual Landscape of LTC Reveals
Sales Facts and Trends
CHATTANOOGA, Tenn.--(BUSINESS WIRE)--Nov. 12, 2009--
In a climate of falling home values and shrinking savings accounts,
employers and employees are looking for ways to plan for and protect
their financial futures. And long term care coverage can play an
important role in that planning.
This month, in observance of Long Term Care Awareness Month, Unum (NYSE:
... |
| | | 11/05/09 | Unum Adds H1N1 Vaccine to Wellness Benefit in Critical Illness Policies| CHATTANOOGA, Tenn.--(BUSINESS WIRE)--Nov. 5, 2009--
Unum (NYSE: UNM) has enhanced the wellness benefit of its critical
illness products by adding the H1N1 vaccine to the list of qualifying
procedures.
“Employee absence, even in the best of times, can strain the ability of
companies to meet their business obligations. This year, the H1N1 flu
virus is adding extra stress in the workplace,” said Scott Brown,
product director... |
| | | 11/03/09 | Unum Group Reports Third Quarter 2009 Results|
Strong Investment and Risk Results on a Solid Capital Position
CHATTANOOGA, Tenn.--(BUSINESS WIRE)--Nov. 3, 2009--
Unum Group (NYSE: UNM) today reported net income of $221.1 million
($0.66 per diluted common share) for the third quarter of 2009, compared
to net income of $108.0 million ($0.32 per diluted common share) for the
third quarter of 2008.
Included in the results for the third quarter of 2009 are net realized
after... |
| | | 10/30/09 | Brokers Give Unum Strong Marks for Products, Service|
Participants in Independent Survey Are Likely to Recommend Carrier to
Others
CHATTANOOGA, Tenn.--(BUSINESS WIRE)--Oct. 30, 2009--
With unique product offerings and strong sales and service support,
disability insurance brokers say Unum (NYSE: UNM) is a carrier they are
likely to recommend, according to a survey by JHA, a leader in
reinsurance, consulting and research.
JHA asked disability sales professionals to rate carrier... |
| | | 10/15/09 | Unum Named the Best Place to Work in Insurance|
Unum ranks No. 1 in Business Insurance list
CHATTANOOGA, Tenn.--(BUSINESS WIRE)--Oct. 15, 2009--
Business Insurance announced today that Unum (NYSE: UNM) is the Best
Place to Work in Insurance. Thirty-three other companies were recognized
in the program.
This honor from Business Insurance follows a number of recent accolades
for Unum. It was named No. 1 in Maine’s “Best Places to Work” category
for large e... |
| | | 10/14/09 | Unum is named the best large employer in Maine| PORTLAND, Maine, Oct 14, 2009 (BUSINESS WIRE) -- Unum (NYSE: UNM) was named the best large employer in Maine on Tuesday,
the fourth consecutive year the company has received recognition in
the "Best Places to Work in Maine" competition. The award recognizes
companies that have established and consistently promote outstanding
workplace environments, and this year a total of 31 Maine businesses
were named as finalists.
So far this year, Unum has also been n... |
| | | 10/13/09 | Simply Unum Adds New Disability Coverage and 'Benefit Credits'|
Offering More Ways to Control Benefit Costs, Provide Broad Benefit
Options
CHATTANOOGA, Tenn.--(BUSINESS WIRE)--Oct. 13, 2009--
The Simply Unum employee benefits platform now includes new voluntary
disability coverage, and offers employer-funded Benefit CreditsSM
that employees can apply to the cost of the coverage they choose.
“These new products on Simply Unum are great enhancements to a flexible
and streamlined ben... |
| | | 10/05/09 | Unum Group Declares Quarterly Dividend of $0.0825 Per Share of its Common Stock| CHATTANOOGA, Tenn.--(BUSINESS WIRE)--Oct. 5, 2009--
Effective Oct. 5, 2009, the Unum Group (NYSE: UNM) Board of Directors
declared a quarterly dividend of $0.0825 per share on its common stock
to be paid on Nov. 20, 2009, to stockholders of record on Oct. 26, 2009.
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 disabi... |
| | | 10/01/09 | Unum Group Announces Investor Meeting| CHATTANOOGA, Tenn., Oct 01, 2009 (BUSINESS WIRE) -- Unum Group (NYSE:UNM) announced today that it will hold its annual
investor meeting on Monday, Nov. 9, 2009, at The New York Palace in New
York City. The event is scheduled from 10 a.m. to noon, and will be
simulcast in a listen-only mode on the "Investors" page of www.unum.com.
It is recommended that interested parties log in to the website
approximately 15 minutes prior to the start of the meeting.
Fol... |
| | | 10/01/09 | Unum Group to Release Third Quarter 2009 Results and Host Conference Call| CHATTANOOGA, Tenn., Oct 01, 2009 (BUSINESS WIRE) -- Unum Group (NYSE: UNM) will release its third quarter results on
Tuesday, Nov. 3, 2009, at approximately 4 p.m. Eastern. The earnings
news release and the financial supplement will be available in the
"Investors" section of www.unum.com,
which can also be directly accessed at www.investors.unum.com.
Members of Unum Group senior management will host a conference call on
Wednesday, Nov. 4, at 9 a.m. Easter... |
| | | 09/30/09 | Unum Group Completes Senior Notes Offering| CHATTANOOGA, Tenn.--(BUSINESS WIRE)--Sep. 30, 2009--
Unum Group (NYSE: UNM) announced today that it has completed an offering
of senior notes. A total of $350 million aggregate principal amount of
7-year senior notes was issued today with an annual coupon rate of 7.125
percent. The proceeds will be used for general corporate purposes.
“Maintaining a strong capital position is an important element of our
business strategy,” said ... |
| | | 09/01/09 | More, please: Workers say benefits aren't enough coverage|
Most employees would consider buying more insurance at work
CHATTANOOGA, Tenn.--(BUSINESS WIRE)--Sep. 1, 2009--
A recent study commissioned by employee benefits leader Unum (NYSE: UNM)
shows that most employees do not feel their employer-provided benefits
would provide sufficient financial protection if they missed work
because of illness or injury. The survey also reveals that nearly 60
percent of workers would consider buying more coverag... |
| | | 09/01/09 | Unum Group to Present at the 2009 Keefe, Bruyette & Woods Insurance Conference| CHATTANOOGA, Tenn.--(BUSINESS WIRE)--Sep. 1, 2009--
Unum Group (NYSE: UNM) announced today that Thomas R. Watjen, president
and chief executive officer, will be representing the Company at the
Keefe, Bruyette & Woods Insurance Conference on Sept. 9 in New York City.
Watjen is scheduled to speak at 3:40 p.m. Eastern and will discuss the
company’s business strategy and future growth opportunities. There will
be a live audio webcast of the prese... |
| | | 08/18/09 | Strong critical illness insurance sales for Unum underscore important role the benefit plays in financial safety net| CHATTANOOGA, Tenn.--(BUSINESS WIRE)--Aug. 18, 2009--
Unum’s sales of critical illness insurance are up nearly 20 percent
through the first half of 2009, and its new group critical illness
product – launched just nine months ago – is already responsible for
more than 30 percent of sales.
“As economic realities force employers to adjust their health benefits,
employees are exposed to additional financial pressures,R... |
| | | 08/06/09 | Tell It Like It is: Quality Benefits Education Boosts Morale| Unum Research Reveals Best Tactics for Better Benefits CommunicationsCHATTANOOGA, Tenn., Aug 06, 2009 (BUSINESS WIRE) -- A recent study commissioned by Unum (NYSE: UNM) and conducted by Harris
Interactive shows a clear connection between how well employees
understand their benefits and how engaged and motivated they are at work.
"For employers, this research offers a simple answer to the question of
how to get the best return on the time and money they put into building ... |
| | | 08/04/09 | Unum Group Reports Second Quarter 2009 Results| Stable Risk Results across All Segments; 2009 Guidance Revised Upward; Financial Flexibility Enhanced Through Internal Capital GenerationCHATTANOOGA, Tenn., Aug 04, 2009 (BUSINESS WIRE) -- Unum Group (NYSE: UNM) today reported net income of $267.2 million
($0.80 per diluted common share) for the second quarter of 2009,
compared to net income of $240.3 million ($0.69 per diluted common
share) for the second quarter of 2008.
Included in the results for the second quarter o... |
| | | 07/16/09 | Unum Group Declares Quarterly Dividend of $0.0825 Per Share of Its Common Stock| CHATTANOOGA, Tenn., Jul 16, 2009 (BUSINESS WIRE) -- Effective July 16, 2009, the Unum Group (NYSE: UNM) Board of Directors
declared a quarterly dividend of $0.0825 per share on its common stock
to be paid on Aug. 21, 2009, to stockholders of record on July 31, 2009.
This dividend reflects an increase of 10 percent that was announced by
the Board at the company's annual stockholders meeting in May.
ABOUT UNUM
Unum (www.unum.com)
is one of the leading pr... |
| | | 07/01/09 | Unum Group to Release Second Quarter 2009 Results and Host Conference Call| CHATTANOOGA, Tenn.--(BUSINESS WIRE)--Jul. 1, 2009--
Unum Group (NYSE: UNM) will release its second quarter results on
Tuesday, Aug. 4, 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.unum.com,
which can also be directly accessed at www.investors.unum.com.
Members of Unum Group senior management will host a conference call on
... |
| | | 06/24/09 | Unum Named One of Best Employers for Healthy Lifestyles| Among 63 Companies Recognized Nationally for Promoting Healthy WorkplaceCHATTANOOGA, Tenn., Jun 24, 2009 (BUSINESS WIRE) -- For the fourth time in the past five years, Unum (NYSE:UNM) has received
national recognition for its commitment to the health of its U.S.
employees.
The 2008 Best Employers for Healthy Lifestyles Gold Award comes
from the National Business Group on Health, a nonprofit organization of
large employers. The award recognizes companies for creat... |
| | | 06/22/09 | Unum Names Richard McKenney CFO| CHATTANOOGA, Tenn.--(BUSINESS WIRE)--Jun. 22, 2009--
Unum Group (NYSE:UNM) today announced that Richard P. McKenney will be
appointed executive vice president and chief financial officer for the
company, succeeding Robert C. Greving, who in February announced his
intention to retire later this year.
McKenney joins Unum from Sun Life Financial Inc., where he served as
executive vice president and chief financial officer of the company. He
... |
| | | 06/16/09 | Unum's overall value, strong customer service earn high marks in customer satisfaction report| CHATTANOOGA, Tenn.--(BUSINESS WIRE)--Jun. 16, 2009--
Unum (NYSE: UNM) exceeds the industry average for overall value and
timeliness of customer service, according to an independent survey that
measured client satisfaction with group disability plans.
Unum excelled in:
Overall value, according to 85 percent of group disability customers,
which is seven points above the industry average
Timelines... |
| | | 06/11/09 | Simply Unum offers new benefits solutions in New York| Simplifies benefits for small to mid-sized businessesNEW YORK, Jun 11, 2009 (BUSINESS WIRE) -- Small and mid-sized businesses across New York now have access to Simply
Unum, an innovative approach to employee benefits that can help control
costs, simplify administration and offer flexible benefits choice.
"The ability to offer enrollment and administration of benefits online,
and to simplify billing so all benefits appear on one statement, is
something this marke... |
| | | 06/03/09 | Unum, Employees Donate More Than $6 Million in 2008| Report Details Education, Nonprofit Support, Public Policy and Environmental Efforts
CHATTANOOGA, Tenn.--(BUSINESS WIRE)--Jun. 3, 2009--
Building on a strong tradition of corporate social responsibility and
commitment to communities, Unum (NYSE: UNM) and its employees gave more
than $6 million and 15,000 volunteer hours in 2008.
“For more than 160 years, Unum and its predecessor companies have been
committed to helping people when they need it most... |
| | | 05/22/09 | Watjen Tells Stockholders Unum Remains Well-Positioned| In annual meeting remarks, CEO highlights consistent performance, financial flexibility PORTLAND, Maine, May 22, 2009 (BUSINESS WIRE) -- In his comments to stockholders at the company's annual meeting today,
Thomas R. Watjen, president and CEO of Unum Group (NYSE: UNM), said
consistent operating results, a strong investment portfolio and prudent
capital management have positioned Unum well in the current economy.
"Through the efforts of our 10,000 employees in the Un... |
| | | 05/22/09 | Unum Board of Directors Votes to Increase Common Stock Dividend| CHATTANOOGA, Tenn.--(BUSINESS WIRE)--May. 22, 2009--
Unum Group (NYSE: UNM) announced that at the company’s annual meeting of
stockholders held today its Board of Directors authorized an increase of
10.0 percent on the quarterly dividend paid on its common stock. The new
dividend rate of $0.0825 per common share will be effective with the
dividend expected to be declared in the third quarter.
“With our consistently solid operating results and... |
| | | 05/04/09 | Hello, baby: Unum welcomes new arrivals, offers resources| CHATTANOOGA, Tenn.--(BUSINESS WIRE)--May. 4, 2009--
New and expectant mothers who file maternity leave claims with Unum
(NYSE: UNM) are receiving something they may not have expected from
their benefits provider: a card offering congratulations, a magazine
subscription and access to Unum’s dedicated website for new parents.
“In the business of employee benefits, we really don’t get many chances
to congratulate a claimant, ... |
| | | 04/29/09 | Unum Group Reports First Quarter 2009 Results| Strong Operating Results in Core Segments;
CHATTANOOGA, Tenn.--(BUSINESS WIRE)--Apr. 29, 2009--
Unum Group (NYSE: UNM) announced today its results for the first quarter
of 2009. The Company reported net income of $164.9 million ($0.50 per
diluted common share), compared to net income of $163.1 million ($0.46
per diluted common share) for the first quarter of 2008.
Included in the results for the first quarter of 2009 are net realized
after-t... |
| | | 04/28/09 | Many workers would rely on credit or family if disabled or ill| CHATTANOOGA, Tenn.--(BUSINESS WIRE)--Apr. 28, 2009--
If they could not work because of injury or illness, most people who do
not have disability coverage would tap savings, borrow from credit cards
or ask friends, family or a partner to help support them, according to a
study commissioned by Unum (NYSE: UNM) and conducted by Harris
Interactive.
“Three in 10 workers entering the workforce today will be disabled
before retirement... |
| | | 04/27/09 | Unum Group - First Quarter 2009 Conference Call Adjusted to 10 A.M. on April 30| CHATTANOOGA, Tenn.--(BUSINESS WIRE)--Apr. 27, 2009--
Following the release of its first quarter results on Wednesday, April
29, Unum Group (NYSE: UNM) will host a conference call on Thursday,
April 30 at 10 a.m. Eastern to discuss the results of operations for the
first quarter. The time of the conference call has been moved by one
hour in order to accommodate other calls also scheduled for April 30.
Topics may include forward-looking information, su... |
| | | 04/13/09 | Unum Group Declares Quarterly Dividend of $0.075 Per Share of its Common Stock| CHATTANOOGA, Tenn.--(BUSINESS WIRE)--Apr. 13, 2009--
Effective April 13, 2009, the Unum Group Board of Directors declared a
quarterly dividend of $0.075 per share on its common stock to be paid on
May 15, 2009, to stockholders of record on April 27, 2009.
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
... |
| | | 04/13/09 | Unum Focuses on Employees' Role in Successful Businesses| CHATTANOOGA, Tenn.--(BUSINESS WIRE)--Apr. 13, 2009--
Unum (NYSE:UNM) begins a new advertising campaign with the message that
employers who value the commitment and energy of their employees can
help protect those workers with better benefits at work – Unum benefits.
“Day in and day out, employees give their companies all they’ve got and
businesses thrive because of that,” said Peter Neiman, vice president of
Corporat... |
| | | 04/07/09 | Unum Maintains Market Leadership in Group Long Term Care| CHATTANOOGA, Tenn., Apr 07, 2009 (BUSINESS WIRE) -- Unum (NYSE:UNM) maintained its market leadership in cases and employees
covered by its group long term care product in 2008, noting gains among
existing customers who either expanded coverage to more employees or
increased the benefit amount. The industry as a whole saw benefit
increases to existing plans more than double in 2008, according to
annual sales research from LIMRA. 1 "Business leaders realize ... |
| | | 03/31/09 | Unum Group to Release First Quarter 2009 Results and Host Conference Call| CHATTANOOGA, Tenn.--(BUSINESS WIRE)--Mar. 31, 2009--
Unum Group (NYSE: UNM) will release its first quarter results on
Wednesday, April 29, at approximately 4 p.m. Eastern. The earnings news
release and the financial supplement will be available in the
“Investors” section of www.unum.com,
which can also be directly accessed at www.investors.unum.com.
Members of Unum Group senior management will host a conference call on
Th... |
| | | 03/16/09 | Unum Group to Present at the J.P. Morgan Insurance Conference| CHATTANOOGA, Tenn.--(BUSINESS WIRE)--Mar. 16, 2009--
Unum Group (NYSE: UNM) announced today that Frank Williamson, senior
vice president of capital management and investments, will present at
the J. P. Morgan Insurance Conference on Wednesday, March 18, 2009.
Mr. Williamson is scheduled to begin his presentation at 12:30 p.m.
Eastern. Interested parties may listen to the presentation by dialing-in
to 800-988-9500, passcode 7209713. To view ... |
| | | 03/10/09 | Unum Group Reaffirms 2009 Guidance| CHATTANOOGA, Tenn.--(BUSINESS WIRE)--Mar. 10, 2009--
At meetings with investors to be held on March 11, 2009, Unum Group
(NYSE: UNM) intends to reaffirm the Company’s full-year 2009 operating
earnings per diluted share guidance of $2.45 to $2.55. The Company also
intends to reaffirm its guidance for year-end 2009 capital management
targets with holding company liquidity expected to be greater than $750
million, combined weighted average risk-ba... |
| | | 03/09/09 | Simply Unum Offers New Benefits Solutions in Florida| TAMPA, Fla.--(BUSINESS WIRE)--Mar. 9, 2009--
Small and mid-sized businesses in Florida now have access to Simply
Unum, a new approach to employee benefits that can help control costs,
simplify administration and offer flexible benefits choice.
“Unum (NYSE:UNM) has a long history of serving Florida, and our sales
and service professionals in Tampa are excited to be able to offer
Simply Unum in the state,” said Tony Romano, Unum&#... |
| | | 02/24/09 | Unum Group Sets Annual Meeting Date| CHATTANOOGA, Tenn., Feb 24, 2009 (BUSINESS WIRE) -- The Board of Directors of Unum Group (NYSE: UNM) has set May 22, 2009,
as the date for the company's annual meeting of stockholders. The
meeting will be held at its office at 2211 Congress Street, Portland,
Maine, at 10 a.m. Eastern.
The directors also have set March 25, 2009, as the record date for
determination of stockholders entitled to vote at the annual meeting.
About Unum
Unum (www.unum.com)
... |
| | | 02/23/09 | Unum Group to Present at the 34th Annual AIFA Conference| CHATTANOOGA, Tenn.--(BUSINESS WIRE)--Feb. 23, 2009--
Unum Group (NYSE: UNM) announced today that Jack McGarry, senior vice
president of benefits and chief risk officer of Unum US, will present at
the annual AIFA Conference on Monday, March 2, 2009. Mr. McGarry’s
presentation will be a part of an industry panel discussion and is
scheduled to start at 3:20 p.m. (Mountain Time) or 5:20 p.m. (Eastern).
The presentation will be accessible via a li... |
| | | 02/10/09 | Unum helping customers manage changes to FMLA law| Educational forums and new service ease transition
CHATTANOOGA, Tenn.--(BUSINESS WIRE)--Feb. 10, 2009--
The first significant changes to the Family Medical Leave Act took
effect in January, including the addition of military family leave
entitlements, the creation of new forms and shifts in the ways leave is
designated and defined.
Unum (NYSE:UNM) handles the administration of family and medical leave
for nearly 1 million workers, and the co... |
| | | 02/09/09 | Unum, DMEC host forums on FMLA, addiction, benefits communications| Free education series tackles workplace, productivity issues
CHATTANOOGA, Tenn.--(BUSINESS WIRE)--Feb. 9, 2009--
Unum (NYSE:UNM) is working with the Disability Management Employer
Coalition (DMEC) to offer a series of educational forums on workplace
topics ranging from changes to FMLA law to the abuse of prescription
drugs in the workplace. This Virtual Education Forum is a free service
to the industry, made possible by Unum’s sponsorship and part of DMEC’... |
| | | 02/03/09 | Unum CFO Greving Announces Retirement| CHATTANOOGA, Tenn., Feb 03, 2009 (BUSINESS WIRE) -- Unum Group (NYSE:UNM) today announced that Robert C. Greving, executive
vice president, chief financial officer and chief actuary, will be
retiring from the company later this year. The company has initiated a
search for his successor.
"Bob has been an integral part of our senior leadership team for more
than a decade, and he has been instrumental in helping us build the
strong financial foundation we ha... |
| | | 02/03/09 | Unum Group Reports Fourth Quarter 2008 Results| Operating Performance Remains Strong; Capital Management Targets Exceeded; 2009 Guidance RevisedCHATTANOOGA, Tenn., Feb 03, 2009 (BUSINESS WIRE) -- Unum Group (NYSE: UNM) today announced its results for the fourth
quarter of 2008. The Company reported net income of $41.8 million ($0.13
per diluted common share) in the fourth quarter of 2008, compared to net
income of $160.5 million ($0.44 per diluted common share) in the fourth
quarter of 2007.
Included in the re... |
| | | 01/19/09 | Unum Named Corporate Citizen of the Year by Worcester Business Journal| WORCESTER, Mass.--(BUSINESS WIRE)--Jan. 19, 2009--The Worcester Business Journal today recognized Unum (NYSE:UNM) as the
2009 Corporate Citizen of the Year. The award is part of the
publication's Business Leaders of the Year awards program, which
highlights admirable businesses and business leaders in Central
Massachusetts.
"We give out the Corporate Citizen of the Year award to celebrate the
businesses that demonstrate that ethics and profit... |
| | | 01/16/09 | Unum Group to Present at the 2009 Citi Financial Services Conference| CHATTANOOGA, Tenn.--(BUSINESS WIRE)--Jan. 16, 2009--Unum Group (NYSE: UNM) announced today that Thomas R. Watjen, president
and chief executive officer, will be representing the company at the
Citi Financial Services Conference on Jan. 27 in New York City.
Watjen is scheduled to speak at 2:45 p.m. Eastern and will discuss the
company's business strategy and future growth opportunities. There will
be a live audio webcast of the presentation available... |
| | | 01/12/09 | Unum Group Declares Quarterly Dividend of $0.075 Per Share of its Common Stock| CHATTANOOGA, Tenn.--(BUSINESS WIRE)--Jan. 12, 2009--Effective Jan. 12, 2009, the Unum Group (NYSE: UNM) Board of Directors
declared a quarterly dividend of $0.075 per share on its common stock to
be paid on Feb. 20, 2009, to stockholders of record on Jan. 26, 2009.
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
... |
| | | 01/06/09 | Unum Group to Release Fourth Quarter 2008 Results and Host Conference Call| CHATTANOOGA, Tenn.--(BUSINESS WIRE)--
Unum Group (NYSE: UNM) will release its fourth quarter results on
Tuesday, Feb. 3, at approximately 4 p.m. Eastern. The earnings news
release and the financial supplement will be available in the
“Investors” section of www.unum.com,
which can also be directly accessed at www.investors.unum.com.
Members of Unum Group senior management will host a conference call on
Wednesday, Feb. 4, at 9 a.m. Easte... |
| | | 12/16/08 | Can we talk? Boomers not explaining employee benefits to gen Y| Survey from Unum shows they're more likely to talk sex, drugs, even car shopping
CHATTANOOGA, Tenn.--(BUSINESS WIRE)--Dec. 16, 2008--A recent study conducted by Harris Interactive and commissioned by Unum
(NYSE: UNM) reveals that baby boomers have helped prepare their
generation Y kids to deal with life's risks by discussing tricky topics
such as drug use and sex, but they are skipping talks about employee
benefits as this young generation enters the workforce.
... |
| | | 12/09/08 | Unum Group Announces Credit Facility| CHATTANOOGA, Tenn., Dec 09, 2008 (BUSINESS WIRE) -- Unum Group (NYSE: UNM) (the "Company") announced today that it has
obtained a new credit facility. The current facility establishes a $250
million unsecured revolving line of credit and replaces an existing
facility. The facility was arranged through Wachovia Capital Markets LLC
and Banc of America Securities LLC. As previously stated, the Company
intends to use any drawn borrowings from the facility for ... |
| | | 11/19/08 | Multiple Generations Look to Employers for Benefits Education| Survey from Unum shows boomers and gen Y count on work for benefits informationCHATTANOOGA, Tenn., Nov 19, 2008 (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 bee... |
| | | 11/14/08 | Will Your Nest Egg Last as Long as You Do?| Varying costs of long term care are important consideration in
financial planning
CHATTANOOGA, Tenn.--(BUSINESS WIRE)--Nov. 14, 2008--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... |
| | | 11/07/08 | Unum Reports Long Term Care Often Needed by Younger People| Annual Long Term Care study reveals trends in coverage, growth in
policies
CHATTANOOGA, Tenn.--(BUSINESS WIRE)--Nov. 7, 2008--One year ago
this week, Linda(1) 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.
"Afte... |
| | | 11/07/08 | Unum's New Website Focuses on Clear Benefits Education| Unum.com reaches new audiences, reflects social value of products
and services
CHATTANOOGA, Tenn.--(BUSINESS WIRE)--Nov. 7, 2008--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 office... |
| | | 11/03/08 | The Benefits of Coverage During Tough Economic Times| Unum's 2008 Buyers Study Offers Data on Easing Costs While
Expanding Protection
CHATTANOOGA, Tenn.--(BUSINESS WIRE)--Nov. 3, 2008--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 worke... |
| | | 10/31/08 | Policies for Nursing Home Care Dwindling as Home Care Grows| Long term care benefits leader Unum reveals sales trends in group
market
CHATTANOOGA, Tenn.--(BUSINESS WIRE)--Oct. 31, 2008--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 th... |
| | | 10/30/08 | Unum Group Reports Third Quarter 2008 Results|
Continued Strong Performance across All Core Segments
Strong Capital Position Maintained
Group Disability Benefit Ratio Continues to Trend Downward
CHATTANOOGA, Tenn.--(BUSINESS WIRE)--Oct. 30, 2008--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... |
| | | 10/23/08 | Unum Disputes Plaintiff's Statement on Social Security Case| 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.
... |
| | | 10/17/08 | Unum Ranked among Best Employers in Maine| 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 Tenn... |
| | | 10/16/08 | Unum releases new, enhanced group critical illness benefit| 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. "This new group benefit ... |
| | | 10/15/08 | Unum Group Announces Preliminary Third Quarter 2008 Results |
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
... |
| | | 10/14/08 | Beyond Translation: Unum Bridges Cultural and Language Gaps in Employee Benefits| 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 t... |
| | | 10/08/08 | Unum Group Declares Quarterly Dividend of $0.075 Per Share of its Common Stock| 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 insurance in the United States
and... |
| | | 09/30/08 | Unum Names Bishop Executive Vice President and General Counsel| CHATTANOOGA, Tenn., Sep 30, 2008 (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... |
| | | 09/29/08 | Unum Group to Release Third Quarter 2008 Results and Host Conference Call| CHATTANOOGA, Tenn.--(BUSINESS WIRE)--
Unum Group (NYSE: UNM) will release its third quarter results on
Thursday, Oct. 30, 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.unum.com, which can
also be directly accessed at www.investors.unum.com.
Members of Unum Group senior management will host a conference
call on Friday, Oct. 31 at 9 a.m. Eastern to discuss the results... |
| | | 09/17/08 | Mysteries of Life: Do You Know Your Term from Your Universal?| Unum Offers Quick Guide to Coverage During Life Insurance Awareness MonthCHATTANOOGA, Tenn., Sep 17, 2008 (BUSINESS WIRE) -- When it comes to life insurance, the need may be clear but the details
can seem a little murky. What are the differences between types of
coverage? How much do you need? When do you need it?
During Life Insurance Awareness Month, a national campaign throughout
September, Unum (NYSE:UNM) offers this quick guide to life insurance
coverage.
... |
| | | 09/16/08 | Unum Ranks No. 5 on 2008 InformationWeek 500| Company recognized for development of innovative Simply Unum
benefits solution
CHATTANOOGA, Tenn.--(BUSINESS WIRE)--Sept. 16, 2008--Unum (NYSE:
UNM) today announced that it ranked No. 5 on the 2008 InformationWeek
500, as revealed last night at a gala awards ceremony. Unum was
recognized for its product and service platform Simply Unum, which was
launched nationwide in 2008.
"Hundreds of professionals from across our business units and
technology organ... |
| | | 09/11/08 | New Life Coverage from Unum Offers Flexible Payout Options| Life insurance products can help cover the costs of long term care
CHATTANOOGA, Tenn.--(BUSINESS WIRE)--Sept. 11, 2008--Two new life
insurance products from Unum (NYSE:UNM) offer policyholders greater
financial flexibility, particularly in the increasingly important area
of long term care.
Interest Sensitive Whole Life 08 and Voluntary Individual
Universal Life 08 have been completely updated, with enhanced features
that include riders offering long term care options and a liv... |
| | | 08/22/08 | Unum Group to Present at the Keefe, Bruyette & Woods Insurance Conference| CHATTANOOGA, Tenn.--(BUSINESS WIRE)--Aug. 22, 2008--Unum Group
(NYSE: UNM) announced today that Thomas R. Watjen, president and chief
executive officer, will be representing the company at the Keefe,
Bruyette & Woods Insurance Conference on Sept. 4, 2008, in New York
City.
Watjen is scheduled to speak at 8:45 a.m. (Eastern time) and will
discuss the company's business strategy and future growth
opportunities. There will be a live audio webcast of the presentation
available throug... |
| | | 08/04/08 | Unum Group Announces 2008 Investor Meeting| CHATTANOOGA, Tenn.--(BUSINESS WIRE)--Aug. 4, 2008--Unum Group
(NYSE:UNM) announced today that it will hold its annual investor
meeting on Tuesday, Nov. 11, 2008, at The Rainbow Room in New York
City. The event is scheduled from 9 a.m. to noon, and will be
simulcast in a listen-only mode on the "Investors" page of the
company's website at www.unum.com . It is recommended that interested
parties log in to the website approximately 15 minutes prior to the
start of the meeting.
Follo... |
| | | 08/01/08 | Unum Group Announces Accelerated Share Repurchase of $350 Million| Completes Board Authorized Repurchase of $700 Million
CHATTANOOGA, Tenn.--(BUSINESS WIRE)--Aug. 1, 2008--Unum Group
(NYSE: UNM) announced today that it has entered into an accelerated
repurchase agreement with Deutsche Bank, AG London Branch (Deutsche
Bank) to repurchase approximately $350 million of its outstanding
common stock. This announcement follows the accelerated repurchase of
$350 million of the company's stock executed in the first quarter of
2008 and completes the previ... |
| | | 07/30/08 | Unum Group Reports Second Quarter 2008 Results|
Strong Operating Performance
Investment Portfolio Quality Remains Sound
2008 Guidance Revised Upward
CHATTANOOGA, Tenn.--(BUSINESS WIRE)--July 30, 2008--Unum Group
(NYSE: UNM) today announced its results for the second quarter of
2008. The Company reported net income of $240.3 million ($0.69 per
diluted common share), compared to net income of $153.5 million ($0.43
per diluted common share) for the second quarter of 2007.
Included in... |
| | | 07/15/08 | Unum Group Declares Quarterly Dividend of $0.075 Per Share of its Common Stock| CHATTANOOGA, Tenn.--(BUSINESS WIRE)--July 15, 2008--Effective July
14, 2008, the Unum Group (NYSE: UNM) Board of Directors declared a
quarterly dividend of $0.075 per share on its common stock to be paid
on Aug. 15, 2008, to stockholders of record on July 28, 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 insurance in the United States
... |
| | | 07/02/08 | Unum Group to Release Second Quarter 2008 Results and Host Conference Call| CHATTANOOGA, Tenn.--(BUSINESS WIRE)--July 2, 2008--Unum Group
(NYSE: UNM) will release its second quarter results on Wednesday, July
30, 2008, at approximately 4 p.m. (Eastern). The earnings news release
and the financial supplement will be available in the Investor
Information section of the company's website at www.unum.com, which
can also be directly accessed at www.investors.unum.com.
Members of Unum Group senior management will host a conference
call on Thursday, July 31, at ... |
| | | 07/01/08 | Unum Reports Workers Underestimate Risks, Lack Safety Net| 2008 Buyers Study Uses Industry Data, Shows Need for Strong
Benefits Education
CHATTANOOGA, Tenn.--(BUSINESS WIRE)--July 1, 2008--Decisions,
decisions. First it was whether to participate in an HMO or a PPO.
Then it was picking investments for a 401(k). Now, working Americans
are becoming the decision-makers for all sorts of other benefits
options and must choose how to spend their coverage dollars.
This fundamental shift leaves workers with many choices and,
often, a l... |
| | | 06/27/08 | Unum Elects Kabat to Board of Directors| CHATTANOOGA, Tenn.--(BUSINESS WIRE)--June 27, 2008--Unum Group
announced today that Kevin T. Kabat, chairman, president and CEO of
Fifth Third Bancorp, has been elected to serve as a director of the
company.
Mr. Kabat has nearly 30 years of experience in the financial
services and banking industry. He began his career with Merchants
National Bank in Indianapolis as an organizational consultant in 1980.
Two years later, he joined Old Kent Financial Corporation, where he
held a num... |
| | | 06/26/08 | Unum Expands ''Simply Unum'' Offering to 41 States| Benefits solution addresses needs of small to midsize employers
CHATTANOOGA, Tenn.--(BUSINESS WIRE)--June 26, 2008--With the
addition of 23 states in June, Unum (NYSE: UNM) has expanded the
availability of its next-generation benefits offering, Simply Unum, to
41 states nationwide.
The nationwide launch began in April after a highly successful
pilot phase during which sales for Simply Unum were nearly 60 percent
ahead of projections. To date, nearly 1,000 lines of coverage have... |
| | | 06/19/08 | Unum and Employees Give More Than $8 Million to Charity| New report details nonprofit support, public policy work and environmental effortsCHATTANOOGA, Tenn., Jun 19, 2008 (BUSINESS WIRE) -- By giving more than $8 million to nonprofit organizations in 2007,
Unum (NYSE: UNM) and its employees contributed to the company's strong
culture of good corporate citizenship.
In its recently published 2008 corporate social responsibility
report, Unum offers a detailed look at the ways the company
contributes to communities, builds strong public/private part... |
| | | 05/22/08 | Watjen Says Unum Building 'Sustainable Momentum'| In annual meeting remarks, CEO says company is better prepared for
uncertain economy
CHATTANOOGA, Tenn.--(BUSINESS WIRE)--May 22, 2008--In his comments
to stockholders at the company's annual meeting today, Thomas R.
Watjen, president and CEO of Unum Group (NYSE: UNM), outlined the
progress Unum has made in recent years and said the company continues
to build sustainable momentum.
"Over the past several years, we have made solid progress in just
about... |
| | | 05/20/08 | Unum Adds Innovative Benefit to Support Working Parents| Company Will Contribute to 529 Plan for New Children of Employees
CHATTANOOGA, Tenn.--(BUSINESS WIRE)--May 20, 2008--Beginning this
year, Unum (NYSE: UNM) will contribute $700 towards a 529 college fund
for children of its employees, an innovative new program that
underscores the company's expertise in the benefits industry and its
commitment to education.
Unum, one of the nation's leading providers of employee benefits
and services, knows the value of a strong benefits portfo... |
| | | 05/15/08 | Unum Group Reduces Outstanding Debt by $175 Million| CHATTANOOGA, Tenn.--(BUSINESS WIRE)--May 15, 2008--Unum Group
(NYSE: UNM) today announced that it has retired the remaining $175
million of its 5.997% senior notes. The notes, issued in May 2003 as a
component of the company's Adjustable Conversion-Rate Equity Security
Units ("ACES"), represent the outstanding remarketed portion of the
original ACES issuance of $575 million.
The company had previously repurchased and retired $400 million of
the original issuance at the time of the... |
| | | 05/15/08 | Unum Annual Meeting Webcast May 22| CHATTANOOGA, Tenn., May 15, 2008 (BUSINESS WIRE) -- The annual meeting of stockholders of Unum Group (NYSE: UNM) will
be webcast live at 10 a.m. Eastern on Thursday, May 22, 2008. The
meeting is being held at the company's headquarters at 1 Fountain
Square, Chattanooga, Tenn.
The live webcast can be accessed through the "Investors" section
of Unum's website at www.investors.unum.com. As an alternative, an
audio broadcast of the meeting will be available by dialing (800)
329-9097 within th... |
| | | 05/13/08 | Unum Selected as Winner of WFS Innovator Award| Architecture underlying Simply Unum recognized by Windows in
Financial Services magazine
CHATTANOOGA, Tenn.--(BUSINESS WIRE)--May 13, 2008--Unum (NYSE:
UNM) today received the prestigious Innovator Award from Windows in
Financial Services for its Simply Unum benefits solution.
Simply Unum operates on a single technology platform, creating one
path from benefit package design to quoting to enrollment to ongoing
billing and administration. The Simply Un... |
| | | 05/13/08 | Unum recognized as a Best Employer for Healthy Lifestyles| CHATTANOOGA, Tenn., May 13, 2008 (BUSINESS WIRE) -- Unum (NYSE:UNM) has been honored for its commitment to the health
of its employees with a Best Employers for Healthy Lifestyles award,
the third time Unum has earned the national recognition.
"Finding ways to help employees maintain and improve their health
is an important element of Unum's commitment to the wellness of
individuals and their families," said Linda A. Levesque, Unum's vice
president of Human Resources, Benefits. "We're plea... |
| | | 05/07/08 | Unum among Best Places to Work in Tennessee| Employee benefits provider makes Business Tennessee list for second yearCHATTANOOGA, Tenn., May 07, 2008 (BUSINESS WIRE) -- For the second year, Unum (NYSE: UNM) has received a "Best Places
to Work in Tennessee" award in recognition of the company's
outstanding workplace environment. A total of 27 Tennessee businesses
were honored by Business Tennessee magazine, and Unum made the top 10.
"As a leader in employee benefits, Unum knows first-hand the
importance of a healthy work/life balance, ... |
| | | 05/06/08 | Unum No. 1 in Sales, Enrollment for Group Long Term Care| Unum continues to lead industry in growing employer-sponsored
group market
CHATTANOOGA, Tenn.--(BUSINESS WIRE)--May 6, 2008--In 2007, Unum
(NYSE:UNM) sold more cases, covered more lives and earned more premium
than any other carrier through its employer-sponsored group long term
care product, according to annual sales research.(i)
Unum added nearly 1,200 new businesses and nearly 83,000 new
employees in 2007, reflecting a 20 percent increase over... |
| | | 05/01/08 | Cancer Remains Top Cause of Unum's Disability Claims; Research Finds Supportive Workplace Can Aid Recovery| CHATTANOOGA, Tenn.--(BUSINESS WIRE)--May 1, 2008--For the seventh
consecutive year, cancer is the leading reason for long term
disability absence in 2007, reports Unum (NYSE:UNM) in its annual
review of disability claims. Unum, the leading provider of group
disability insurance in the United States, reports that pregnancy is
the No. 1 reason for short term disability.
With cancer topping 12 percent of its long term disability claims,
Unum is driving a research and education effort... |
| | | 04/30/08 | Unum Group Reports First Quarter 2008 Results|
Consolidated Operating Income Increases 19%;
Risk Trends Remain Favorable across all Operating Segments;
Operating EPS Guidance Revised Upward for 2008
CHATTANOOGA, Tenn.--(BUSINESS WIRE)--April 30, 2008--Unum Group
(NYSE: UNM) announced today its results for the first quarter of 2008.
The Company reported net income of $163.1 million ($0.46 per diluted
common share), compared to net income of $178.3 million ($0.51 per
diluted common share) for the first ... |
| | | 04/17/08 | Unum Group Declares Quarterly Dividend of $0.075 Per Share of its Common Stock| CHATTANOOGA, Tenn., Apr 17, 2008 (BUSINESS WIRE) -- Effective April 17, 2008, the Unum Group (NYSE: UNM) Board of
Directors declared a quarterly dividend of $0.075 per share on its
common stock to be paid on May 16, 2008, to stockholders of record on
April 28, 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 insurance in the United States
and the ... |
| | | 04/07/08 | Unum Group to Release First Quarter 2008 Results and Host Conference Call| CHATTANOOGA, Tenn.--(BUSINESS WIRE)--April 7, 2008--Unum Group
(NYSE: UNM) will release its fourth quarter results on Wednesday,
April 30, at approximately 4 p.m. Eastern Time (ET). The earnings news
release and the financial supplement will be available in the Investor
Information section of the company's website at www.unum.com, which
can also be directly accessed at www.investors.unum.com.
Members of Unum Group senior management will host a conference
call on Thursday, May 1, a... |
| | | 04/02/08 | Unum Begins Nationwide Launch of Simply Unum, a Benefits Solution to Address Needs of Small to Midsize Employers| CHATTANOOGA, Tenn.--(BUSINESS WIRE)--April 2, 2008--This week Unum
(NYSE: UNM) launches nationwide its innovative product and service
platform called Simply Unum, with sales and service now available in
19 states. This next-generation benefits solution will be offered in
an additional 23 states on June 1.
Designed specifically for small to midsize businesses, Simply Unum
provides a base of group disability and life insurance coupled with
voluntary benefits. With more than 28,000... |
| | | 03/27/08 | Unum Excels in Disability Customer Satisfaction Results| Short term disability claim process receives high marks in 2007
CHATTANOOGA, Tenn.--(BUSINESS WIRE)--March 27, 2008--Satisfaction
among individuals submitting short term disability claims with Unum
(NYSE: UNM) in 2007 exceeded the industry average, as found in
claimant research conducted by JHA, a leader in disability
reinsurance, consulting and research.
Specifically, Unum claims representatives excelled with high marks
in the following categories:
-- Courteous and re... |
| | | 03/20/08 | Unum Group to Present at the Bank of America Smid Cap Conference| CHATTANOOGA, Tenn.--(BUSINESS WIRE)--March 20, 2008--Unum Group
(NYSE: UNM) announced today that Thomas R. Watjen, president and chief
executive officer, along with Kevin P. McCarthy, president and chief
executive officer of Unum US, will be representing the Company at the
Bank of America Smid Cap Conference on March 27, 2008 in Boston, MA.
Watjen and McCarthy are scheduled to speak at 9:40 a.m. (ET) and
will discuss the Company's business strategy and future growth
opportunities.... |
| | | 03/17/08 | Lynda Fleury selected for ISE Southeast Award 2008| Unum and Home Depot IT executives honored for achievements in
information security
CHATTANOOGA, Tenn.--(BUSINESS WIRE)--March 17, 2008--Lynda Fleury,
assistant vice president and chief information security officer at
Unum (NYSE: UNM), has received the coveted Information Security
Executive Southeast Award 2008.
Announced today by Executive Alliance, creator and provider of
premium leadership recognition forums and events worldwide, the award
acknowled... |
| | | 02/29/08 | Unum Group Chief Investment Officer David Fussell Announces Retirement| CHATTANOOGA, Tenn., Feb 29, 2008 (BUSINESS WIRE) -- Unum Group (NYSE: UNM) announced today that Senior Vice President
and Chief Investment Officer David Fussell will be retiring after 42
years with the company. Fussell will remain with the company until
July 1, 2008, in order to provide an effective transition of
responsibilities. He will also be retained in a consulting capacity
through year end.
"David Fussell has made tremendous contributions to this company,"
said Unum President and C... |
| | | 02/29/08 | Unum Reduces Rates on Multi-Life Individual Disability Policies| CHATTANOOGA, Tenn.--(BUSINESS WIRE)--Feb. 29, 2008--Effective
March 1, 2008, Unum (NYSE: UNM) is lowering new business rates on its
non-cancelable individual disability insurance which is designed for
the executive benefits and professional markets.
"We continuously review our products and their rates so that our
customers are always offered the best options," said Steven Joseph,
vice president of individual disability operations for Unum. "We have
made a strategic decision to f... |
| | | 02/28/08 | Unum Group to Present at the 33rd Annual AIFA Conference| CHATTANOOGA, Tenn.--(BUSINESS WIRE)--Feb. 28, 2008--Unum Group
(NYSE: UNM) announced today that two of its executives, Thomas R.
Watjen, president and chief executive officer of Unum Group, and Kevin
P. McCarthy, president and chief executive officer of Unum US, will
present at the annual AIFA Conference on Monday, March 3, 2008. Mr.
McCarthy will participate in an industry panel discussion at 3:05 p.m.
and Mr. Watjen and Mr. McCarthy will also be presenting at a dinner
presentation a... |
| | | 02/22/08 | Unum Group Sets Annual Meeting Date| CHATTANOOGA, Tenn.--(BUSINESS WIRE)--Feb. 22, 2008--The Board of
Directors of Unum Group (NYSE: UNM) has set May 22, 2008, as the date
for the company's annual meeting of stockholders. The meeting will be
held at its home office at 1 Fountain Square, Chattanooga, Tenn., at
10 a.m. Eastern.
The directors also have set March 24, 2008, as the record date for
determination of stockholders entitled to vote at the annual meeting.
About Unum
Unum (www.unum.com) is one of the lea... |
| | | 02/08/08 | Unum Group to Present at the Merrill Lynch Insurance Investor Conference| CHATTANOOGA, Tenn., Feb 08, 2008 (BUSINESS WIRE) -- Unum Group (NYSE: UNM) announced today that Thomas R. Watjen,
president and chief executive officer, along with Kevin P. McCarthy,
president and chief executive officer of Unum US, will be representing
the Company at the Merrill Lynch Insurance Investor Conference on Feb.
13, 2008 in New York City.
Watjen and McCarthy are scheduled to speak at 10:35 a.m. (ET) and
will discuss the Company's business strategy and future growth
opportunitie... |
| | | 01/31/08 | Unum Group Announces $350 Million Accelerated Share Repurchase| CHATTANOOGA, Tenn., Jan 31, 2008 (BUSINESS WIRE) -- Unum Group (NYSE: UNM) announced today that it repurchased
approximately $350 million of its outstanding common stock from Morgan
Stanley using an accelerated share repurchase agreement. The
repurchase follows the previously announced authorization by Unum's
board of directors to repurchase up to $700 million of the company's
stock and is a component of Unum's overall capital management
strategy, as outlined in October 2007.
"We are cont... |
| | | 01/28/08 | Unum Group Reports Fourth Quarter 2007 Results| Operating Performance Remains Strong Across Core Operating
Segments; Guidance for 2008 Reaffirmed
CHATTANOOGA, Tenn.--(BUSINESS WIRE)--Jan. 28, 2008--Unum Group
(NYSE: UNM) announced today its results for the fourth quarter of
2007. The Company reported net income of $160.5 million ($0.44 per
diluted common share), compared to net income of $276.1 million ($0.80
per diluted common share) for the fourth quarter of 2006.
Included in the results for the fourth... |
| | | 01/18/08 | Unum Group to Present at Citigroup's Financial Services Conference| CHATTANOOGA, Tenn.--(BUSINESS WIRE)--Jan. 18, 2008--Unum Group
(NYSE: UNM) announced today that Thomas R. Watjen, president and chief
executive officer, along with Kevin P. McCarthy, president and chief
executive officer of Unum US, will be representing the Company at
Citigroup's Financial Services Conference on January 30, 2007 at the
Waldorf Astoria in New York City.
Watjen and McCarthy are scheduled to speak at 2:45 p.m. (ET) and
will discuss the Company's business strategy a... |
| | | 01/14/08 | Unum Group Declares Quarterly Dividend of $0.075 Per Share of Its Common Stock| CHATTANOOGA, Tenn.--(BUSINESS WIRE)--Jan. 14, 2008--Effective Jan.
14, 2008, the Unum Group (NYSE: UNM) Board of Directors declared a
quarterly dividend of $0.075 per share on its common stock to be paid
on Feb. 15, 2008, to stockholders of record on Jan. 28, 2008.
ABOUT UNUM GROUP
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 the Unit... |
| | | 01/07/08 | Unum Group to Release Fourth Quarter 2007 Results and Host Conference Call| CHATTANOOGA, Tenn., Jan 07, 2008 (BUSINESS WIRE) -- Unum Group (NYSE: UNM) will release its fourth quarter results on
Monday, Jan. 28, at approximately 4 p.m. EST. The earnings news
release and the financial supplement will be available in the Investor
Information section of the company's website at www.unum.com.
Members of Unum Group senior management will host a conference
call on Tuesday, Jan. 29, at 9 a.m. EST to discuss the results of
operations for the fourth quarter. Topics may incl... |
| | | 12/13/07 | Unum Group Announces Establishment of Revolving Credit Facility| CHATTANOOGA, Tenn.--(BUSINESS WIRE)--Dec. 13, 2007--Unum Group
(NYSE: UNM) (the "Company") announced today that it has established a
$400 million unsecured revolving credit facility. The facility was
arranged through Wachovia Capital Markets LLC and Banc of America
Securities LLC. The Company intends to use any drawn borrowings from
the facility for general corporate purposes. Any actions that the
Company may institute will be consistent with the Company's previously
announced capital... |
| | | 11/30/07 | Unum Group Announces Final Results of Debt Tender Offers| CHATTANOOGA, Tenn.--(BUSINESS WIRE)--Nov. 30, 2007--Unum Group
(NYSE: UNM) (the "Company"), announced today the final results of its
previously announced cash tender offers (collectively, the "Offers")
for the outstanding securities identified in its Offer to Purchase
dated October 31, 2007 (the "Securities").
According to D.F. King & Co., the Tender Agent and Information
Agent for the Offers: $23,547,000 in aggregate liquidation amount of
the 7.405% Capital Securities due March 1... |
| | | 11/27/07 | Unum Names Kathy Owen Chief Information Officer| Rogers Appointed Chief Technology Officer
CHATTANOOGA, Tenn.--(BUSINESS WIRE)--Nov. 27, 2007--Unum
(NYSE:UNM) announced that Kathy Owen has been appointed chief
information officer for its Unum US division.
Owen was formerly senior vice president of Information Technology
Business Applications. In her new capacity, Owen will continue to lead
the business applications areas and will assume responsibility for IT
operations, risk management and corporate systems.
Owen joined... |
| | | 11/20/07 | Unum Group Announces Early Tender Date Results of Debt Tender Offers| CHATTANOOGA, Tenn.--(BUSINESS WIRE)--Nov. 20, 2007--Unum Group
(NYSE: UNM) (the "Company"), announced today the early tender date
results of its previously announced cash tender offers for up to $400
million (collectively, the "Offers") aggregate liquidation amount or
principal amount, as applicable, of its outstanding securities listed
in the table below (the "Securities"). As of 5 p.m., New York City
time, on Nov. 19, 2007 (the "Early Tender Date"), an aggregate
liquidation amount o... |
| | | 11/15/07 | Unum Group Announces Extension of Early Tender Date for Debt Tender Offers| CHATTANOOGA, Tenn.--(BUSINESS WIRE)--Nov. 15, 2007--Unum Group
(NYSE:UNM) (the "Company"), announced today that it has extended the
Early Tender Date (defined below) applicable to its previously
announced cash tender offers for up to $400 million (collectively, the
"Offers") aggregate liquidation amount or principal amount, as
applicable, of its outstanding securities (the "Securities")
identified in the Offer to Purchase dated Oct. 31, 2007 (the "Offer to
Purchase"). The "Early Tende... |
| | | 11/14/07 | Unum Group Announces Pricing of Debt Tender Offers| CHATTANOOGA, Tenn.--(BUSINESS WIRE)--Nov. 14, 2007--Unum Group
(NYSE: UNM) (the "Company"), announced today the consideration to be
paid in its previously announced cash tender offers for up to $400
million (collectively, the "Offers") aggregate liquidation amount or
principal amount, as applicable, of its outstanding securities listed
in the table below (the "Securities"). The full terms and conditions
of the Offers are set forth in the Offer to Purchase dated October 31,
2007 (the "... |
| | | 11/08/07 | Unum's Annual Landscape of Long Term Care Debunks Myths That Insurance is for the Elderly| Industry leader highlights characteristics of group claims
CHATTANOOGA, Tenn.--(BUSINESS WIRE)--Nov. 8, 2007--When Michael
Schumann was 41, he bought a long term care insurance policy through
his work with IBEW Local 164 in New Jersey. Just four years later, he
became a claimant.
Mr. Schumann is representative of nearly 57 percent of Unum's
group long term care claimants: He's under the age of 65. For Mr.
Schumann, a traumatic brain injury ended his career as a journeyman
ele... |
| | | 11/06/07 | Employer Support for Long Term Care Insurance Grows| Unum's annual Landscape of Long Term Care looks at sales trends in
group market
CHATTANOOGA, Tenn.--(BUSINESS WIRE)--Nov. 6, 2007--More than 90
percent of employers offering long term care insurance at the
workplace today are willing to help pay for the benefit, Unum (NYSE:
UNM) reveals in its second annual Landscape of Long Term Care. This is
a dramatic shift from the 100-percent employee-paid coverage that
represented most of the market in earlier year... |
| | | 10/31/07 | Unum Group Reports Third Quarter 2007 Results|
Continued Strong Performance across All Operating Segments;
Securitization of Closed Block Announced;
$700 million Share Repurchase Authorized;
Claims Reassessment Process Substantially Completed
CHATTANOOGA, Tenn.--(BUSINESS WIRE)--Oct. 31, 2007--Unum Group
(NYSE: UNM) announced today its results for the third quarter of 2007.
The Company reported net income of $187.0 million ($0.52 per diluted
common share), compared to a net los... |
| | | 10/31/07 | Unum Group Announces Debt Tender Offers| CHATTANOOGA, Tenn., Oct 31, 2007 (BUSINESS WIRE) -- Unum Group (NYSE: UNM) (the "Company") announced today that it has
commenced tender offers to purchase for cash up to $400 million
aggregate liquidation amount or principal amount, as applicable, of
its outstanding securities listed below. The tender offers consist of
an "any and all" offer for one issue of securities and maximum tender
offers for six issues of securities, which are made pursuant to the
terms and conditions set forth in a... |
| | | 10/31/07 | Unum Group Announces Early Redemption of 7.25% Public Income Notes| CHATTANOOGA, Tenn., Oct 31, 2007 (BUSINESS WIRE) -- Unum Group (NYSE: UNM) today announced that it has sent a notice
of redemption to the holders of all $150.0 million principal amount of
its outstanding 7.25% Public Income Notes, or PINES, scheduled to
mature in 2032. Unum Group became eligible to exercise its right to
redeem these notes on June 25, 2007 under the stated terms of the
PINES. The redemption date is December 3, 2007, and the redemption
price is 100% of the principal amount o... |
| | | 10/31/07 | Unum Group Announces Securitization of its Individual Income Protection - Closed Block Segment| CHATTANOOGA, Tenn., Oct 31, 2007 (BUSINESS WIRE) -- Unum Group (NYSE: UNM) announced today the completion of a
securitization of its closed block of individual income protection
insurance. The Company, through its subsidiary Northwind Holdings, LLC
(Northwind Holdings), a newly formed Delaware limited liability
company, issued $800 million of floating rate insured notes due
December 1, 2037. The notes will carry a coupon of three month LIBOR
plus a spread of 78 basis points. The notes are ... |
| | | 10/30/07 | Foley New Chairman of Council for Disability Awareness Board| CHATTANOOGA, Tenn., Oct 30, 2007 (BUSINESS WIRE) -- Joseph R. Foley, senior vice president and chief marketing officer
of Unum Group (NYSE: UNM), has been appointed as the new chairman of
the board of directors for The Council for Disability Awareness (CDA).
Foley has been a member of the CDA board since the founding of the
council in June 2005. He succeeds Richard L. Mucci, who recently
accepted the role of chairman and CEO of New York Life International.
"In just a short period of time... |
| | | 10/15/07 | Unum Group Declares Quarterly Dividend of $0.075 Per Share of its Common Stock| CHATTANOOGA, Tenn.--(BUSINESS WIRE)--Oct. 15, 2007--Effective Oct.
15, 2007, the Unum Group Board of Directors declared a quarterly
dividend of $0.075 per share on its common stock to be paid on Nov.
16, 2007 to stockholders of record on Oct. 29, 2007.
About Unum
Unum (www.unum.com), formerly UnumProvident, 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 the ... |
| | | 10/15/07 | Unum Ranked Among Best Places to Work in Maine| Unum makes the list for second consecutive year
PORTLAND, Maine--(BUSINESS WIRE)--Oct. 15, 2007--For the second
consecutive year, Unum (NYSE: UNM) received a "Best Places to Work in
Maine" award, an award that recognizes companies that have established
and consistently promoted outstanding workplace environments.
"As a provider of insurance benefits, we realize how valuable
dedicated employees are in truly meeting the needs of our customers
every day," said Kevin McCarthy, pre... |
| | | 10/03/07 | Unum Group to Release Third Quarter 2007 Results and Host Conference Call| CHATTANOOGA, Tenn.--(BUSINESS WIRE)--Oct. 3, 2007--Unum Group
(NYSE: UNM) has scheduled the release of its third quarter results for
Wednesday, October 31 at approximately 4:00 p.m. (eastern). Unum Group
senior management will host a conference call on Thursday, November 1
at 9:00 a.m. (eastern) to discuss the results of operations for the
third quarter and may include forward-looking information, such as
guidance on future results or trends in operations, as well as other
material in... |
| | | 09/18/07 | CORRECTING and REPLACING Unum Group Announces 2007 Investor Meeting| CHATTANOOGA, Tenn.--(BUSINESS WIRE)--Sept. 18, 2007--In BW6440
issued Sept. 18, 2007: First paragraph, first sentence of release
should read: Unum Group (NYSE: UNM) announced today that it will hold
its annual investor meeting on Monday, Nov. 19, 2007, at the New York
Palace Hotel in New York City (sted Unum Group (NYSE: UNM) announced
today that it will hold its annual investor meeting on Wednesday, Nov.
19, 2007, at the New York Palace Hotel in New York City).
The corrected re... |
| | | 09/18/07 | Unum Group Announces 2007 Investor Meeting| CHATTANOOGA, Tenn.--(BUSINESS WIRE)--Sept. 18, 2007--Unum Group
(NYSE: UNM) announced today that it will hold its annual investor
meeting on Wednesday, Nov. 19, 2007, at the New York Palace Hotel in
New York City.
The event is scheduled to begin at 9 a.m. and will be simulcast in
a listen-only mode on the company's website at www.unum.com. The
webcast which will include both speeches and slides will be accessible
on the "Investor Information" page of the site. It is recommended th... |
| | | 09/10/07 | Unum Kicks off Football Campaign with ESPN| New Corporate Brand Scores with Audience Through Sponsorships
CHATTANOOGA, Tenn.--(BUSINESS WIRE)--Sept. 10, 2007--Unum (NYSE:
UNM) today announced plans to continue its relationship with ESPN by
signing on as the sole sponsor for its "Injury Report" to air during
the network's "College Football Live" programming.
Unum began its partnership with ESPN in April as the sole sponsor
for the original Injury Report, currently running through the regular
Major League Baseball (MLB) s... |
| | | 08/29/07 | Unum Wins National Award for Workplace Flexibility| Among companies recognized nationally for Alfred P. Sloan Award CHATTANOOGA, Tenn., Aug 29, 2007 (BUSINESS WIRE) -- Unum (NYSE: UNM) today was named a winner of the Alfred P. Sloan
Award for Business Excellence in Workplace Flexibility, distinguishing
the employer as one of the top practitioners of workplace flexibility
in the nation.
The Alfred P. Sloan Awards for Business Excellence in Workplace
Flexibility recognize businesses that are dedicated to making work
"work" for the employe... |
| | | 08/28/07 | Unum Group President and CEO, Thomas Watjen to Present at Keefe, Bruyette & Woods 2007 Insurance Conference| CHATTANOOGA, Tenn.--(BUSINESS WIRE)--Aug. 28, 2007--Unum Group
(NYSE: UNM) announced today that Thomas R. Watjen, president and chief
executive officer, will be representing the company at the Keefe,
Bruyette & Woods Insurance Conference on Sept. 5, 2007, at the Waldorf
Astoria in New York City.
Watjen is scheduled to speak at 2:15 p.m. Eastern and will discuss
the company's business strategy and future growth opportunities. There
will also be a live audio webcast of the pre... |
| | | 08/24/07 | Unum Group Chief Financial Officer to adopt 10b5-1 Plan| CHATTANOOGA, Tenn.--(BUSINESS WIRE)--Aug. 24, 2007--Unum Group
(NYSE: UNM) announced today that Robert Greving, Unum Group's Chief
Financial Officer and Chief Actuary has adopted a prearranged trading
plan in accordance with guidelines specified by Rule 10b5-1 of the
Securities and Exchange Act of 1934, in conjunction with
company-specific policies with respect to insider sales.
Rule 10b5-1 permits officers and directors to enter into
prearranged plans for the sale of held stock p... |
| | | 08/14/07 | Unum Launches Next-Generation Benefits Solution to Address Needs of Small to Midsize Employers| Simply Unum is an integration of group and voluntary benefit
CHATTANOOGA, Tenn.--(BUSINESS WIRE)--Aug. 14, 2007--Unum (NYSE:
UNM) today unveils an integrated product and service platform called
Simply Unum that brings an unparalleled level of choice, pricing
flexibility and administrative ease to the employee benefits market.
More than two years in development, Simply Unum addresses the key
issues facing today's employers, including cost pressures, workforce
diversity, recruit... |
| | | 08/01/07 | Unum Group Reports Second Quarter 2007 Results|
Strong Performance Across All Operating Segments
2007 Operating Earnings Guidance Revised Upward
Claim Reassessment Ahead of Schedule; Reserve Increased
CHATTANOOGA, Tenn.--(BUSINESS WIRE)--Aug. 1, 2007--Unum Group
(NYSE: UNM) announced today its results for the second quarter of
2007. The Company reported net income of $153.5 million ($0.43 per
diluted common share), compared to net income of $125.2 million ($0.38
per diluted common share) for the seco... |
| | | 07/26/07 | Today's Diverse Workforce Leading to Dramatic Change in Employee Benefits Industry| Unum, LIMRA report highlights HR trends and implications
CHATTANOOGA, Tenn.--(BUSINESS WIRE)--July 26, 2007--For the first
time in history, America's workforce is composed of four distinct
generations - just one of many trends propelling the benefits industry
towards consumer choice and driving the growth in voluntary employee
benefits, according to a report released today by benefits leader Unum
(NYSE: UNM) in conjunction with LIMRA International.
"HR Trends and Challenges: T... |
| | | 07/17/07 | Unum Group Declares Quarterly Dividend of $0.075 Per Share of Its Common Stock| CHATTANOOGA, Tenn.--(BUSINESS WIRE)--July 17, 2007--Effective July
16, 2007, the Board of Directors of Unum Group (NYSE: UNM) declared a
quarterly dividend of $0.075 per share on its common stock to be paid
on Aug. 17, 2007, to stockholders of record on July 30, 2007.
About Unum
Unum (www.unum.com), formerly UnumProvident, is one of the leading
providers of employee benefits products and services, and the largest
provider of group and individual disability income protection
i... |
| | | 07/02/07 | Unum Group to Release Second Quarter 2007 Results and Host Conference Call| CHATTANOOGA, Tenn.--(BUSINESS WIRE)--July 2, 2007--Unum Group
(NYSE: UNM) has scheduled the release of its second quarter results
for Wednesday, Aug. 1, 2007, at approximately 4 p.m. Eastern time.
Unum Group senior management will host a conference call on
Thursday, Aug. 2 at 9 a.m. Eastern to discuss the results of
operations for the second quarter and may include forward-looking
information, such as guidance on future results or trends in
operations, as well as other material in... |
| | | 06/19/07 | Unum No. 1 in Sales, Enrollment for Group Long Term Care| CHATTANOOGA, Tenn.--(BUSINESS WIRE)--June 19, 2007--Nearly nine
out of 10 companies offering new long term care benefits in 2006
selected Unum (NYSE:UNM) as their provider of choice, according to an
independent survey of group long-term care insurance sales.(1)
Unum added nearly 1,000 new businesses, and more than 70,000
employees, to its customer base, representing a growth rate of about
15 percent over 2005. The company now holds 75 percent of the employer
group long term care i... |
| | | 06/06/07 | Unum Appoints Kevin McMahon as New Corporate Treasurer| CHATTANOOGA, Tenn.--(BUSINESS WIRE)--June 6, 2007--Unum Group
(NYSE:UNM) today announced the promotion and appointment of Kevin
McMahon as its new vice president and corporate treasurer.
McMahon joined Unum last year in Strategic Planning and Corporate
Development and has been actively involved in the company's capital
management initiatives. He will continue this leading role as
corporate treasurer.
Prior to joining Unum, McMahon served as the chief financial
officer and con... |
| | | 06/05/07 | Steve Meahl Joins Unum as SVP of Sales| PORTLAND, Maine--(BUSINESS WIRE)--June 5, 2007--Unum (NYSE:UNM)
today announced that Steve Meahl has been appointed senior vice
president of sales for its Unum US division.
This is a return to the company for Meahl as he worked for Unum
from 1978-1999 in various sales positions, including sales
representative, office manager, and regional sales vice president. He
moved to Portland in 1995 to become senior vice president of Unum's
long term care business.
Meahl was most recent... |
| | | 05/18/07 | Unum CEO Watjen Touts Progress at Annual Meeting| COLUMBIA, S.C.--(BUSINESS WIRE)--May 18, 2007--In his comments to
stockholders at the company's annual meeting today, Thomas R. Watjen,
president and CEO of Unum Group, said the company has made significant
progress over the past four years and is now building sustainable
momentum.
"Unum is a very different company today," he said. "We have made
tremendous progress since 2003, and as a result we are stronger
operationally and financially than we've been in many years. While
there... |
| | | 05/17/07 | Unum Group Annual Meeting Webcast| CHATTANOOGA, Tenn.--(BUSINESS WIRE)--May 17, 2007--The annual
meeting of stockholders of Unum Group (NYSE: UNM) will be webcast live
at 10 a.m. Eastern on Friday, May 18, 2007. The meeting will originate
from the offices of the company's subsidiary, Colonial Life & Accident
Insurance Company, 1200 Colonial Life Blvd., Columbia, S.C.
The webcast of the meeting will be available at www.unum.com
through the "Investor and Shareholder" section of our website. The
dial-in number is (866... |
| | | 05/09/07 | Unum Named One of Best Employers for Healthy Lifestyles| Among Companies Recognized Nationally for Promoting Healthy
Workplace
WASHINGTON--(BUSINESS WIRE)--May 9, 2007--Unum (NYSE: UNM) today
received a 2007 Best Employers for Healthy Lifestyles award from the
National Business Group on Health, a national non-profit organization
of large employers.
Unum was honored with a Gold Award presented by the Business
Group's Institute on the Costs and Health Effects of Obesity. The
award reflects Unum's co... |
| | | 05/08/07 | Unum Expands Absence Management Services| Creates Unified Tracking of Employer-Authorized Policies, FMLA and
Disability
CHATTANOOGA, Tenn.--(BUSINESS WIRE)--May 8, 2007--Unum (NYSE: UNM)
is expanding its industry-leading absence management services to
include all employer-authorized leave such as vacation and sick leave,
creating a comprehensive tracking and reporting system.
Designed specifically to meet the needs of larger employers, this
service helps staffing departments keep more... |
| | | 05/02/07 | Unum Group Reports First Quarter 2007 Results|
Strong Earnings Across all Operating Segments;
Continued Improvement in Unum US Group Income Protection Line;
Operating EPS Guidance Revised Upward for 2007
CHATTANOOGA, Tenn.--(BUSINESS WIRE)--May 2, 2007--Unum Group
(NYSE: UNM) announced today its results for the first quarter of 2007.
The Company reported net income of $178.3 million ($0.51 per diluted
common share), compared to net income of $73.4 million ($0.23 per
diluted common share) for the first q... |
| | | 04/26/07 | Unum Retains Lead in Disability Insurance Marketplace| One in five employers select Unum for short and long term
disability benefits
CHATTANOOGA, Tenn.--(BUSINESS WIRE)--April 26, 2007--Unum (NYSE:
UNM) continues to lead the U.S. disability benefits marketplace,
according to JHA's 2006 group and individual disability market
surveys.
In 2006, the company generated about $3.9 billion in premium for
group and individual business with approximately $288 million in new
sales, an increase of just over 7 percen... |
| | | 04/24/07 | Unum Forges Partnership with ESPN| Sponsorship Plays Role in Corporate Rebranding
CHATTANOOGA, Tenn.--(BUSINESS WIRE)--April 24, 2007--Unum (NYSE:
UNM) today announced a new partnership with ESPN that involves the
sole sponsorship for the "Injury Report" to run during the network's
Major League Baseball (MLB) programming.
Starting with "Baseball Tonight" on April 26 and running through
the end of the regular MLB season, Unum will sponsor the "Injury
Report," an updated summary of which players are hurt, the nat... |
| | | 04/17/07 | Unum Group Declares Quarterly Dividend of $0.075 Per Share of its Common Stock| CHATTANOOGA, Tenn.--(BUSINESS WIRE)--April 17, 2007--On April 16,
2007, the Board of Directors of Unum Group (NYSE: UNM) declared a
quarterly dividend of $0.075 per share of its Common Stock, to be paid
on May 18, 2007, to stockholders of record on April 30, 2007.
About Unum
Unum (www.unum.com), formerly UnumProvident, is one of the leading
providers of employee benefits products and services, and the largest
provider of group and individual disability income protection
insur... |
| | | 04/11/07 | Unum Unveils New Brand| Positioning Better Reflects the Company Today
CHATTANOOGA, Tenn.--(BUSINESS WIRE)--April 11, 2007--Unum (NYSE:
UNM) today unveiled a new corporate brand that distinguishes the
company as a leader in the employee benefits industry. With a
contemporary logo and the tagline "Better benefits at work," the brand
illustrates both the "new" Unum and its legacy of innovation and
commitment to the employee benefits market.
"In many respects, our brand is now catching up with the many
... |
| | | 04/05/07 | Unum Says Cancer Still No. 1 Cause of Disability, but Survival and Return-to-Work Rates Are Increasing| CHATTANOOGA, Tenn.--(BUSINESS WIRE)--April 5, 2007--Cancer
continues to be the No.1 cause of long-term disability, Unum (NYSE:
UNM) reports in its sixth annual review of disability claims. Unum,
the leading provider of group disability insurance in the United
States, says that cancer was responsible for more than 12 percent of
its long-term disability claims in 2006, with breast, colon and
prostate cancer as the most prevalent types. For short term
disability, pregnancy topped the lis... |
| | | 03/02/07 | UnumProvident Corp. Now Unum Group| Name change part of larger branding initiative focused on market
leadership in group benefits
CHATTANOOGA, Tenn.--(BUSINESS WIRE)--March 2, 2007--UnumProvident
Corporation (NYSE: UNM) has officially changed its name to Unum Group,
and the company's shares will be traded publicly as Unum Group going
forward.
Unum announced in January that it intended to shorten its name as
part of a larger branding initiative the company is undertaking to
reinforce its com... |
| | | 03/01/07 | Unum Completes Sale of GENEX| CHATTANOOGA, Tenn.--(BUSINESS WIRE)--March 1, 2007--Unum Group
(NYSE: UNM) today said it has completed the previously announced sale
of its wholly owned subsidiary, GENEX Services, Inc., a leading
worker's compensation and medical cost containment services provider,
to Trident IV, L.P., a fund managed by Stone Point Capital LLC, a
global private equity firm based in Greenwich, Conn. The terms of the
transaction were not disclosed.
Unum said the sale will not impact its customers a... |
| | | 03/01/07 | Unum Group to Present at the 32nd Annual AIFA Conference| CHATTANOOGA, Tenn.--(BUSINESS WIRE)--March 1, 2007--Kevin P.
McCarthy, president of the Unum US division of Unum Group (NYSE: UNM),
will be a participant in an industry panel discussion at the 32nd
Annual Association of Insurance and Financial Analysts Conference on
Monday, March 5, 2007, at 2:25 p.m. (Eastern).
This conference will be webcast by the conference sponsors and can
be accessed online by entering
http://www.investorcalendar.com/CEPage.asp?ID=114232.
About Unum
... |
| | | 02/28/07 | Unum Expands Buyers Study, Profiles Benefit Trends in Nine Industries| CHATTANOOGA, Tenn.--(BUSINESS WIRE)--Feb. 28, 2007--Unum (NYSE:
UNM) expands its analysis of the employee benefit landscape with the
recent release of trends impacting nine industry sectors. A complement
to its Buyers Study released in September, this supplement is a
playbook of buying patterns and benefits decisions specific to these
industries.
For example the education market is expecting 17 percent growth
between 2004 and 2014(1), which will require balancing the need to
fill... |
| | | 02/12/07 | UnumProvident Announces Remarketing of $300 Million of Senior Notes Due 2009| CHATTANOOGA, Tenn.--(BUSINESS WIRE)--Feb. 12, 2007--UnumProvident
Corporation (NYSE: UNM) announced today that it has priced the
remarketing of $300 million of the senior notes component of its
Adjustable Conversion-Rate Equity Security Units ("ACES") originally
issued in May 2004. As a result of the remarketing, the interest rate
on the senior notes will be reset to 5.859% percent, effective Feb.
15, 2007. The senior notes were remarketed at a price of 100.289% with
a yield to maturi... |
| | | 02/09/07 | UnumProvident Corporation to Present at the Merrill Lynch Insurance Conference| CHATTANOOGA, Tenn.--(BUSINESS WIRE)--Feb. 9, 2007--UnumProvident
Corporation (NYSE: UNM) announced today that it will present at the
Merrill Lynch Insurance Conference on Thursday, Feb. 15, 2007. Thomas
R. Watjen, president and chief executive officer will represent
UnumProvident and is scheduled to speak at 12:35 p.m. (Eastern).
There will be a live audio webcast of the presentation at
http://www.veracast.com/webcasts/ml/insurance07/28307147.cfm. This
webcast will be archived for... |
| | | 02/07/07 | UnumProvident Senior Executive Zubretsky Announces Resignation| CHATTANOOGA, Tenn.--(BUSINESS WIRE)--Feb. 7, 2007--UnumProvident
Corporation (NYSE: UNM) announced today that Joseph Zubretsky, senior
executive vice president of Finance, Investments and Corporate
Development, is resigning effective Feb. 28 to take a position with
another company closer to his family in the Northeast.
"For the past two years Joe has lived in Chattanooga away from his
family in the Northeast, and he has resigned to accept a position that
will allow him to return t... |
| | | 02/06/07 | Unum and DMEC Announce Line-Up for 2007 Virtual Education Forum| CHATTANOOGA, Tenn.--(BUSINESS WIRE)--Feb. 6, 2007--For the fourth
consecutive year, Unum (NYSE: UNM) is teaming with the Disability
Management Employer Coalition (DMEC) to produce the Virtual Education
Forum, an education series on disability, absence and workplace
productivity.
Beginning with a session on consumer-driven employee benefits in
February, these forums provide human resource professionals and
benefits brokers with continuous education in the ever-changing
landscape o... |
| | | 01/30/07 | Unum Says Long Term Care Buyers Are Getting Younger, Selecting Home Care Option| CHATTANOOGA, Tenn., Jan 30, 2007 (BUSINESS WIRE) -- Buyers of group long term care insurance are getting younger, and
more customers are selecting coverage for care in the home, says
leading employee benefit provider Unum (NYSE: UNM).
More than 52 percent of purchasers are under 45, and sales of the
home health care option have risen to 92 percent of policies sold, up
from 88 percent in 2003.
"The sales growth in this market is based on two things: Better
information available to employ... |
| | | 01/29/07 | UnumProvident Corporation Reports Fourth Quarter 2006 Results|
Improved Operating Trends in Unum US, Unum UK and Colonial
Segments;
Leadership Roles at Unum US Announced
CHATTANOOGA, Tenn.--(BUSINESS WIRE)--Jan. 29, 2007--UnumProvident
Corporation (NYSE: UNM) announced today its results for the fourth
quarter of 2006. The Company reported net income of $276.1 million
($0.80 per diluted common share), compared to net income of $137.5
million ($0.43 per diluted common share) for the fourth q... |
| | | 01/24/07 | UnumProvident Announces Sale of GENEX Subsidiary| Sale part of company's plan to focus on its core businesses
CHATTANOOGA, Tenn.--(BUSINESS WIRE)--Jan. 24, 2007--UnumProvident
Corporation (NYSE: UNM) today announced that it has entered into a
definitive agreement for the sale of its wholly owned subsidiary,
GENEX Services, Inc., a leading workers compensation and medical cost
containment services provider, to Trident IV, L.P., a fund managed by
Stone Point Capital LLC, a global private equity firm based in
Greenwich, Conn.
"... |
| | | 01/22/07 | UnumProvident Corporation to Present at the Citigroup Financial Services Conference| CHATTANOOGA, Tenn.--(BUSINESS WIRE)--Jan. 22, 2007--UnumProvident
Corporation (NYSE: UNM) announced today that it will present at the
Citigroup Financial Services Conference on Wednesday, Jan. 31, 2007.
Thomas R. Watjen, president and chief executive officer will represent
UnumProvident and is scheduled to speak at 2:45 p.m. (Eastern).
There will be a live audio webcast of the presentation at
http://www.veracast.com/webcasts/citigroup/fs07/71208367.cfm. This
webcast will be arch... |
| | | 01/17/07 | UnumProvident Corporation Declares Quarterly Dividend of $0.075 Per Share of Its Common Stock| CHATTANOOGA, Tenn.--(BUSINESS WIRE)--Jan. 17, 2007--On Jan. 15,
2007, the Board of Directors of UnumProvident Corporation (NYSE: UNM)
declared a quarterly dividend of $0.075 per share of its Common Stock,
to be paid on Feb. 16, 2007, to stockholders of record on Jan. 29,
2007.
About Unum
Unum (www.unum.com), formerly UnumProvident, is the largest
provider of group and individual income protection insurance, and one
of the leading providers of employee benefits products and se... |
| | | 01/12/07 | ''UnumProvident Starting Six'' Honors Outstanding Educators in Maine| PORTLAND, Maine--(BUSINESS WIRE)--Jan. 12, 2007--The Portland
Pirates' usual starting six will get "schooled" this Sunday as a team
of a different sort "takes to the ice." Outstanding educators from
around the state will be honored this Sunday, January 14, as part of
the second-annual UnumProvident Starting 6 Educators' Hall of Fame.
During the first intermission of the game, 10 educators - four
"coaches" and six "players" - will make a special appearance as part
of their reward for t... |
| | | 01/08/07 | UnumProvident Corporation to Release Fourth Quarter 2006 Results and Host Conference Call| CHATTANOOGA, Tenn.--(BUSINESS WIRE)--Jan. 8, 2007--UnumProvident
Corporation (NYSE: UNM) has scheduled the release of its fourth
quarter 2006 results for Monday, Jan. 29 at approximately 4 p.m.
(Eastern). UnumProvident Corporation senior management will host a
conference call on Tuesday, Jan. 30 at 9 a.m. (Eastern) to discuss the
results of operations for the fourth quarter and may include
forward-looking information, such as guidance on future results or
trends in operations, as well... |
| | | 12/19/06 | UnumProvident Corporation to Release Fourth Quarter 2006 Results and Host Conference Call| CHATTANOOGA, Tenn.--(BUSINESS WIRE)--Dec. 19, 2006--UnumProvident
Corporation (NYSE: UNM) has scheduled the release of its fourth
quarter 2006 results for Monday, Jan. 29, 2007, at approximately 4
p.m. (Eastern). UnumProvident Corporation senior management will host
a conference call on Tuesday, Jan. 30, 2007, at 9 a.m. (Eastern) to
discuss the results of operations for the fourth quarter and may
include forward-looking information, such as guidance on future
results or trends in oper... |
| | | 12/15/06 | UnumProvident Elects Michael Caulfield to Board of Directors| CHATTANOOGA, Tenn.--(BUSINESS WIRE)--Dec. 15, 2006--UnumProvident
Corporation (NYSE:UNM) announced today that Michael Caulfield will
rejoin its board of directors effective January 1, 2007. Caulfield was
initially elected to the company's board in August 2004, but left in
July 2005 when he accepted the role of chief operating officer at
Mercer Human Resources Consulting, a firm with which UnumProvident
does business. He recently resigned as president of Mercer.
Caulfield, 59, has ... |
| | | 11/06/06 | Majority of Claimants on Long Term Care under 65, UnumProvident Study Shows| LTC Insurance Leader Uncovers Data Regarding the under-65 Insured Population and Long Term Care Needs
CHATTANOOGA, Tenn.--(BUSINESS WIRE)--Nov. 6, 2006--Nearly 58
percent of submitted claims for UnumProvident's (NYSE:UNM) group long
term care insurance are for people under age 65, the company reveals
in its first annual Landscape of Long Term Care, a profile of claims
activity.
"When you say long term care, most people think of a nursing home
for end-of-life care," said John N... |
| | | 11/01/06 | UnumProvident Corporation Announces Inaugural Securitization| First Industry-wide Securitization of Long-term Income Protection Claim Reserves
CHATTANOOGA, Tenn.--(BUSINESS WIRE)--Nov. 1, 2006--UnumProvident
Corporation (NYSE: UNM), announced today the completion of its first
securitization transaction. The Company, through its subsidiary
Tailwind Holdings, LLC, a newly formed Delaware limited liability
company, issued $130 million of senior, secured notes in a private
placement. The notes are guaranteed by MBIA Insurance Company with
respect to... |
| | | 11/01/06 | UnumProvident Corporation Reports Third Quarter 2006 Results|
Improved Operating Trends in U.S. Brokerage and Record Earnings at
Colonial and Unum Limited;
Capital Management Initiative Announced - Securitization of Claim
Reserves
Business Editors
CHATTANOOGA, Tenn.--(BUSINESS WIRE)--Nov. 1, 2006--UnumProvident
Corporation (NYSE: UNM) announced today its results for the third
quarter of 2006. The Company reported a net loss of $63.7 million
($0.19 per diluted common sha... |
| | | 11/01/06 | UnumProvident Resolves Broker Compensation Litigation with California| CHATTANOOGA, Tenn.--(BUSINESS WIRE)--Nov. 1, 2006--UnumProvident
Corporation (NYSE:UNM) today announced it has resolved litigation
filed by the California Department of Insurance against UnumProvident
and other insurers regarding disclosure practices in broker
compensation.
The company is expanding its disclosure of broker compensation
programs, enhancing a policy that is already among the most
comprehensive in the industry. UnumProvident had previously taken a
number of steps to... |
| | | 11/01/06 | UnumProvident Reaches Settlement Agreement on Broker Compensation with New York Attorney General| Company adopts new compensation program, broader disclosure policies
CHATTANOOGA, Tenn.--(BUSINESS WIRE)--Nov. 1, 2006--UnumProvident
Corporation (NYSE:UNM) today announced it has reached a settlement
agreement with the Attorney General of the State of New York that
directly resolves all issues raised by the Attorney General's office
in its review of the company's broker compensation practices. The
review was part of a larger investigation of broker compensation
practices in the insur... |
| | | 10/18/06 | UnumProvident Expands New Disability Product, Helps Answer Industry Demand for Employee Choice| CHATTANOOGA, Tenn.--(BUSINESS WIRE)--Oct. 18, 2006--UnumProvident,
(NYSE: UNM) the leading provider of income protection insurance in the
United States and the United Kingdom, announces a new product, Select
short term income protection insurance. This product expands one of
the company's newest and most flexible group disability product
offerings - Select income protection insurance.
A disability that prevents an employee from working - even for a
short time - can have a major im... |
| | | 10/16/06 | UnumProvident Corporation Declares Quarterly Dividend of $0.075 Per Share of its Common Stock| CHATTANOOGA, Tenn.--(BUSINESS WIRE)--Oct. 16, 2006--On Oct. 16,
2006, the Board of Directors of UnumProvident Corporation (NYSE: UNM)
declared a quarterly dividend of $0.075 per share of its Common Stock,
to be paid on Nov. 17, 2006, to stockholders of record on Oct. 30,
2006.
UnumProvident (www.unumprovident.com) is the largest provider of
group and individual income protection insurance, and one of the
leading providers of employee benefits products and services, in the
United ... |
| | | 10/11/06 | UnumProvident Corporation to Release Third Quarter 2006 Results and Host Conference Call| CHATTANOOGA, Tenn.--(BUSINESS WIRE)--Oct. 11, 2006--UnumProvident
Corporation (NYSE: UNM) has scheduled the release of its third quarter
2006 results for Wednesday, November 1 at approximately 4 p.m.
(eastern). UnumProvident Corporation senior management will host a
conference call on Thursday, November 2 at 9 a.m. (eastern) to discuss
the results of operations for the third quarter and may include
forward-looking information, such as guidance on future results or
trends in operations... |
| | | 10/06/06 | UnumProvident to Hold 2006 Investor Day November 8, 2006| Business Editors
CHATTANOOGA, Tenn.--(BUSINESS WIRE)--Oct. 6, 2006--UnumProvident
Corporation (NYSE: UNM) announced today that it will hold its 2006
Investor Day on Wednesday, November 8, 2006 at The Pierre Hotel in New
York beginning at 10 a.m. A live webcast of the event will be
available on the company's website at www.unumprovident.com in a
listen-only mode and will include both speeches and slides. About
fifteen minutes prior to the start of the meeting, you should access
th... |
| | | 09/28/06 | Greving Reinstated as UnumProvident CFO Following Recovery from Surgery| CHATTANOOGA, Tenn.--(BUSINESS WIRE)--Sept. 28, 2006--UnumProvident
Corporation (NYSE:UNM) today announced that Robert Greving has been
reinstated as the company's chief financial officer following his
successful recovery from surgery earlier this summer.
On June 16, the company announced that Greving had been placed on
an extended leave of absence to recover from surgery and that Joseph
Zubretsky, senior executive vice president of finance, investments and
corporate development, h... |
| | | 09/27/06 | UnumProvident Chairman Pollard Announces Retirement from Board| Business Editors
CHATTANOOGA, Tenn.--(BUSINESS WIRE)--Sept. 27, 2006--UnumProvident
Corporation (NYSE:UNM) today announced that C. William Pollard, who
has served as non-executive chairman since 2003, is stepping down as
chairman of the company's board of directors on Sept. 30, 2006, and
retiring from the board on Dec. 31, 2006. The board named Jon S.
Fossel to succeed Pollard as non-executive chairman effective Oct. 1,
2006.
Pollard, 68, joined the board of UnumProvident pre... |
| | | 09/19/06 | UnumProvident Buyers Study Forecasts the Future of Employee Benefits; Critical illness, accident and other supplemental insurance products drive industry growth| CHATTANOOGA, Tenn., Sep 19, 2006 (BUSINESS WIRE) -- Women outpace men as purchasers of supplemental products
- most significantly as buyers of 69 percent of disability policies
and 61 percent of critical illness policies.
This statistic and many more are a part of a study released today
by UnumProvident (NYSE: UNM). The first-of-its-kind Buyers Study
provides a snapshot of employee benefits and a comprehensive forecast
of trends by combining industry insights with proprietary
UnumProvid... |
| | | 09/12/06 | UnumProvident Corporation to Present at the Bank of America Investment Conference| CHATTANOOGA, Tenn.--(BUSINESS WIRE)--Sept. 12, 2006--UnumProvident
Corporation (NYSE: UNM) announced today that it will present at the
Bank of American Investment Conference on Sept. 18, 2006. Mr. Thomas
R. Watjen, president and chief executive officer and Mr. Joseph
Zubretsky, senior executive vice president, finance, investment, and
corporate development, will represent UnumProvident and are scheduled
to speak at 3 p.m. (Pacific).
There will also be a live audio webcast of the p... |
| | | 09/12/06 | The Disability Disconnect: Workers Ill-Prepared to Manage Disruption in Income; UnumProvident research points to lack of knowledge about financial risk| CHATTANOOGA, Tenn.--(BUSINESS WIRE)--Sept. 12, 2006--Millions of
working U.S. adults don't consider their earning power to be their
most valuable asset and have unrealistic views of how best to manage
if this income stream stops because of a disabling illness or injury,
according to new research from UnumProvident (NYSE: UNM).
The UnumProvident-commissioned study, conducted by Harris
Interactive(R), surveyed more than 1,700 working U.S. adults on
questions related to disability an... |
| | | 08/21/06 | UnumProvident Corporation to Present at the Keefe, Bruyette & Woods 2006 Insurance Conference| CHATTANOOGA, Tenn.--(BUSINESS WIRE)--Aug. 21, 2006--UnumProvident
Corporation (NYSE: UNM) announced today that it will present at the
Keefe, Bruyette & Woods Insurance Conference on Sept. 7, 2006. Mr.
Thomas R. Watjen, president and chief executive officer and Mr. Joseph
Zubretsky, senior executive vice president, finance, investment, and
corporate development, will represent UnumProvident and are scheduled
to speak at 2:30 p.m. (Eastern).
There will also be a live audio webcast o... |
| | | 08/02/06 | UnumProvident Corporation Reports Second Quarter 2006 Results; U.S. Brokerage - Group Income Protection Benefit Ratio Stabilizes; Unum Limited and Colonial Produce Record Quarterly Earnings| CHATTANOOGA, Tenn.--(BUSINESS WIRE)--Aug. 2, 2006--UnumProvident
Corporation (NYSE: UNM) announced today its results for the second
quarter of 2006 with net income of $125.2 million ($0.38 per diluted
common share), compared to $171.3 million ($0.55 per diluted common
share) for the second quarter of 2005. Included in the results for the
second quarter of 2006 is a net realized after tax investment loss of
$3.6 million ($0.01 per diluted common share), compared to a net
realized after... |
| | | 07/18/06 | UnumProvident Corporation Declares Quarterly Dividend of $0.075 Per Share of its Common Stock| CHATTANOOGA, Tenn.--(BUSINESS WIRE)--July 18, 2006--On July 17,
2006, the Board of Directors of UnumProvident Corporation (NYSE:UNM)
declared a quarterly dividend of $0.075 per share of its Common Stock,
to be paid on August 18, 2006, to stockholders of record on July 31,
2006.
UnumProvident is the largest provider of group and individual
income protection insurance in the United States and United Kingdom.
Through its subsidiaries, UnumProvident insures more than 25 million
peopl... |
| | | 07/11/06 | UnumProvident Corporation to Release Second Quarter 2006 Results and Host Conference Call| CHATTANOOGA, Tenn.--(BUSINESS WIRE)--July 11, 2006--UnumProvident
Corporation (NYSE: UNM) has scheduled the release of its second
quarter 2006 results for Wednesday, Aug. 2 at approximately 4 p.m.
(Eastern). UnumProvident Corporation senior management will host a
conference call on Thursday, Aug. 3 at 9 a.m. (Eastern) to discuss the
results of operations for the second quarter and may include
forward-looking information, such as guidance on future results or
trends in operations, as w... |
| | | 06/28/06 | UnumProvident New Disability Product Helps Answer Industry Demand for Employee Choice| CHATTANOOGA, Tenn.--(BUSINESS WIRE)--June 28, 2006--UnumProvident,
(NYSE:UNM) the leading provider of income protection insurance in the
United States and the United Kingdom, announces its newest and most
flexible disability product offering - Select income protection
insurance.
Select income protection is an innovative group offering that
gives employers and employees control over some specific policy
features. With the steady rise in the cost of healthcare and the need
to recru... |
| | | 06/23/06 | UnumProvident Posts Investor Presentation to Website| CHATTANOOGA, Tenn., Jun 23, 2006 (BUSINESS WIRE) -- UnumProvident Corporation (NYSE:UNM) today announced
that its Investor Presentation will be available on the company's
website beginning Friday, June 23.
To access the Investor Presentation, go to www.unumprovident.com
and click on the Investors and Shareholders tab.
About UnumProvident
UnumProvident (UNM) is the largest provider of group and
individual disability income protection insurance in the United States
and United Kingdom... |
| | | 06/16/06 | UnumProvident CFO on Extended Leave, Zubretsky Assumes Role on Interim Basis| CHATTANOOGA, Tenn.--(BUSINESS WIRE)--June 16, 2006--UnumProvident
Corporation (NYSE:UNM) today announced that Robert Greving, the
company's chief financial officer and actuary, is on an extended leave
of absence as he recovers from recent surgery. Joseph Zubretsky,
senior executive vice president of finance, investments and corporate
development, will assume the role of chief financial officer on an
interim basis until Mr. Greving returns.
"Our thoughts are with Bob and his family... |
| | | 06/12/06 | Industry Leaders UnumProvident, Matria Healthcare Launch Disease Management Partnership| CHATTANOOGA, Tenn.--(BUSINESS WIRE)--June 12, 2006--UnumProvident
(NYSE: UNM) today announced it has joined with Matria Healthcare
(NASDAQ: MATR) to create a new disability and disease management
partnership aimed at helping employers combat rising healthcare costs
and improve workforce productivity.
"UnumProvident's partnership with Matria is significant as it
brings together the expertise of the industry's leading disability
carrier and disease management provider to create a va... |
| | | 06/09/06 | UnumProvident Announces Expiration and Successful Completion of Tender Offer for $300 Million of Its Outstanding Securities| CHATTANOOGA, Tenn.--(BUSINESS WIRE)--June 9, 2006--UnumProvident
Corporation (NYSE:UNM), announced today the expiration, as of 9:00
a.m. Eastern on June 9, 2006 (the "Expiration Date"), of its cash
tender offer for up to $300,000,000 (the "Offer") aggregate principal
and liquidation amount of its outstanding debt and capital securities
listed in the table below (the "Securities").
According to information provided by Global Bondholder Services
Corporation, the Depositary and Infor... |
| | | 06/07/06 | UnumProvident Announces Pricing of Cash Tender Offer for Up to $300 Million of Its Outstanding Securities| CHATTANOOGA, Tenn.--(BUSINESS WIRE)--June 7, 2006--UnumProvident
Corporation (NYSE:UNM), announced today the consideration to be paid
in the previously announced cash tender offer for up to $300 million
(the "Offer") aggregate principal and liquidation amount of its
outstanding debt and capital securities in the table below (the
"Securities"). The full terms and conditions of the Offer are set
forth in the Offer to Purchase dated May 11, 2006 (the "Offer to
Purchase").
The full t... |
| | | 06/06/06 | UnumProvident's New Enrollment Platform Helps Employees Make Informed Benefits Choices| CHATTANOOGA, Tenn.--(BUSINESS WIRE)--June 6, 2006--UnumProvident's
(NYSE: UNM) new web-based enrollment platform - plane.biz - is now
fully functional for all worksite benefits, helping employees navigate
the complexity of today's benefits arena.
Benefits professionals are facing significant issues: The
population is aging; healthcare costs continue to increase; pension
plans are strained; and employees are demanding more choice in their
benefits options. The result is an unpreced... |
| | | 05/25/06 | UnumProvident Research Points to Value of Integrated Claim Management| CHATTANOOGA, Tenn., May 25, 2006 (BUSINESS WIRE) -- New research from UnumProvident (NYSE: UNM) shows that
customers who integrate family and medical leave management with
disability leave management report, on average, savings of nearly
$12,000 per 100 disability claimants when compared to customers with
disability management services only.
"Today's employers often face complicated health and productivity
challenges," says Kenneth Mitchell, Ph.D, vice president of return to
work progra... |
| | | 05/23/06 | UnumProvident Retains Lead in Disability Insurance Marketplace| CHATTANOOGA, Tenn.--(BUSINESS WIRE)--May 23, 2006--UnumProvident
continues to lead the disability income protection insurance
marketplace, according to the 2005 JHA group and individual disability
market surveys.
In 2005, the company maintained more than $3.9 billion in premium
for existing group and individual cases and generated approximately
$267 million of new sales. As measured by inforce premium,
UnumProvident holds a 22.5 percent share in the group disability
market, and a... |
| | | 05/17/06 | UnumProvident CEO Watjen Says Company Poised to Capitalize on Emerging Trends in Employee Benefits| PORTLAND, Maine--(BUSINESS WIRE)--May 17, 2006--In his comments to
stockholders at the company's annual meeting today, Thomas R. Watjen,
UnumProvident Corporation (NYSE: UNM) president and chief executive
officer, outlined the progress the company has made over the past two
years and said that, while challenges lie ahead, the future holds
great promise.
"Although clearly more work remains, we can't lose sight of how
far we've come. We have maintained leadership positions in our ke... |
| | | 05/11/06 | UnumProvident Announces Cash Tender Offer for up to $300 million of its Outstanding Securities| CHATTANOOGA, Tenn., May 11, 2006 (BUSINESS WIRE) -- UnumProvident Corporation (NYSE: UNM), announced today
that it has commenced an offer to purchase for cash (the "Offer") up
to $300 million aggregate principal and liquidation amount of its
outstanding debt and capital securities (the "Securities"). The terms
and conditions of the Offer are set forth in the Offer to Purchase
dated May 11, 2006 (the "Offer to Purchase").
Aggregate
Principal
... |
| | | 05/03/06 | UnumProvident Corporation Reports First Quarter 2006 Results| CHATTANOOGA, Tenn.--(BUSINESS WIRE)--May 3, 2006--UnumProvident
Corporation (NYSE: UNM) announced today its results for the first
quarter of 2006 with net income of $73.4 million ($0.23 per diluted
common share), compared to $152.2 million ($0.49 per diluted common
share) for the first quarter of 2005. Included in the results for the
first quarter of 2006 is a net realized after tax investment gain of
$1.5 million, compared to a net realized after tax investment loss of
$2.1 million i... |
| | | 04/11/06 | UnumProvident Corporation Declares Quarterly Dividend of $0.075 Cents Per Share of its Common Stock| CHATTANOOGA, Tenn.--(BUSINESS WIRE)--April 11, 2006--On April 10,
2006, the Board of Directors of UnumProvident Corporation (NYSE: UNM)
declared a quarterly dividend of $0.075 cents per share of its Common
Stock, to be paid on May 19, 2006, to stockholders of record on April
24, 2006.
UnumProvident is the largest provider of group and individual
income protection insurance in the United States and United Kingdom.
Through its subsidiaries, UnumProvident insures more than 25 million... |
| | | 04/11/06 | UnumProvident Corporation to Present at the SunTrust 35th Annual Institutional Conference| CHATTANOOGA, Tenn.--(BUSINESS WIRE)--April 11, 2006--UnumProvident
Corporation (NYSE: UNM) announced today that it will present at the
SunTrust Institutional Conference on April 12, 2006. Mr. Joseph
Zubretsky, senior executive vice president, finance, investment, and
corporate development, will represent UnumProvident and is scheduled
to speak at 2 p.m. (ET).
There will also be a live audio webcast of the presentation at
http://www.wsw.com/webcast/strh16/unm/. This webcast will be... |
| | | 03/17/06 | UnumProvident Corporation to Release First Quarter 2006 Results and Host Conference Call| CHATTANOOGA, Tenn.--(BUSINESS WIRE)--March 17, 2006--UnumProvident
Corporation (NYSE: UNM) has scheduled the release of its first quarter
2006 results for Wednesday, May 3 at approximately 4 p.m. (eastern).
UnumProvident Corporation senior management will host a conference
call on Thursday, May 4 at 9 a.m. (eastern) to discuss the results of
operations for the first quarter and may include forward-looking
information, such as guidance on future results or trends in
operations, as well... |
| | | 03/13/06 | UnumProvident Reports Cancer is Number One Reason for Long-Term Absence from Work in 2005| CHATTANOOGA, Tenn.--(BUSINESS WIRE)--March 13, 2006--For the fifth
consecutive year, cancer was the leading cause of long-term absence
from work for Americans in 2005, according UnumProvident (NYSE:UNM),
the leading provider of disability income protection insurance. Of the
long term disability claims filed with UnumProvident in 2005, 12
percent were for cancer and nearly a quarter of those cancer claims
were for breast cancer.
Even with continuous advances in medicine and treatme... |
| | | 03/02/06 | UnumProvident Corporation to Present at the 31st Annual AIFA Conference| CHATTANOOGA, Tenn.--(BUSINESS WIRE)--March 2, 2006--Kevin P.
McCarthy, executive vice president of risk operations for
UnumProvident Corporation (NYSE: UNM), will be a participant in an
industry panel discussion at the 31st Annual AIFA Conference on
Monday, March 6, 2006, at 1:35 p.m. (Eastern).
This conference will be webcast by the conference sponsors and can
be accessed online by entering
http://www.investorcalendar.com/CEPage.asp?ID=101904 or through a link
on the company's w... |
| | | 02/28/06 | UnumProvident Sets Annual Meeting Date| CHATTANOOGA, Tenn.--(BUSINESS WIRE)--Feb. 28, 2006--The Board of
Directors of UnumProvident (NYSE: UNM) has set May 17, 2006, as the
date for the company's annual meeting of stockholders. The meeting
will be held at 2211 Congress Street, Portland, Maine at 10 a.m.
(eastern). The directors also have set March 20, 2006, as the record
date for determination of stockholders entitled to vote at the annual
meeting.
About UnumProvident
UnumProvident is the largest provider of group ... |
| | | 02/10/06 | UnumProvident Announces Remarketing of $575 Million of Senior Notes Dues 2008| CHATTANOOGA, Tenn.--(BUSINESS WIRE)--Feb. 10, 2006--UnumProvident
Corporation announced today that it has priced the remarketing of $575
million of the senior notes component of its Adjustable
Conversion-Rate Equity Security Units ("ACES") originally issued in
May 2003. As a result of the remarketing, the interest rate on the
senior notes will be reset to 5.997% percent, effective February 15,
2006. The senior notes were remarketed at a price of 100.666% with a
yield to maturity of 5.... |
| | | 02/07/06 | UnumProvident to Present at Merrill Lynch Investors Conference| CHATTANOOGA, Tenn.--(BUSINESS WIRE)--Feb. 7, 2006--UnumProvident
Corporation (NYSE: UNM) announced today that it will present at the
Merrill Lynch Insurance Investors Conference on Feb. 16, 2006. Mr.
Thomas R. Watjen, president and chief executive officer, will
represent UnumProvident and is scheduled to speak at 10:50 a.m.
(Eastern).
There will also be a live audio webcast of the presentation at
http://www.veracast.com/webcasts/ML/insurance06/38305196.cfm . This
webcast will be ... |
| | | 02/02/06 | UnumProvident Announces Election of Michael Passarella to Board| CHATTANOOGA, Tenn.--(BUSINESS WIRE)--Feb. 2, 2006--UnumProvident
Corporation (NYSE:UNM) announced today that its board of directors has
elected Michael J. Passarella to serve as a director of the company.
Mr. Passarella has more than 40 years experience in the
professional and financial services industry, having served as a
managing partner and global audit leader of the securities industry
practice at PriceWaterhouseCoopers LLP until his retirement in 2002.
He is currently a dire... |
| | | 01/30/06 | UnumProvident Corporation Reports Fourth Quarter 2005 Results| CHATTANOOGA, Tenn.--(BUSINESS WIRE)--Jan. 30, 2006--UnumProvident
Corporation (NYSE: UNM) announced today its results for the fourth
quarter of 2005.
The Company reported net income of $137.5 million ($0.43 per
diluted common share) for the fourth quarter of 2005, compared to
$134.5 million ($0.45 per diluted common share) for the fourth quarter
of 2004. Included in the results for the fourth quarter of 2005 are
net realized after tax investment gains of $1.5 million, compared to
... |
| | | 01/23/06 | UnumProvident and DMEC Announce 2006 Virtual Education Forum| CHATTANOOGA, Tenn., Jan 23, 2006 (BUSINESS WIRE) -- UnumProvident (NYSE: UNM) is teaming with the Disability
Management Employer Coalition (DMEC) for the 2006 Virtual Education
Forum (VEF), an education series on disability, absence and workplace
productivity.
Beginning with a session on consumer-driven healthcare in
February, the forums provide human resource professionals and benefits
brokers with timely, valuable information on the latest trends in
successful absence management and p... |
| | | 01/12/06 | UnumProvident Corporation to Present at Citigroup Financial Services Conference; Fourth Quarter 2005 Earnings Release Date Re-Scheduled to Accommodate| CHATTANOOGA, Tenn., Jan 12, 2006 (BUSINESS WIRE) -- UnumProvident Corporation (NYSE: UNM) announced today
that it will present at the Citigroup Financial Services Conference on
Wednesday, February 1, 2006. Thomas R. Watjen, president and chief
executive officer and Joseph M. Zubretsky, senior executive vice
president, finance, investments and corporate development, will
represent UnumProvident and are scheduled to speak at 4:30 p.m.
(Eastern). Mr. Watjen and Mr. Zubretsky will focus on Unu... |
| | | 01/09/06 | UnumProvident Declares Quarterly Dividend of $0.075 Per Share of Its Common Stock| CHATTANOOGA, Tenn.--(BUSINESS WIRE)--Jan. 9, 2006--On Jan. 6,
2006, the Board of Directors of UnumProvident Corporation (NYSE: UNM)
declared a quarterly dividend of $0.075 cents per share of its Common
Stock, to be paid on Feb. 17, 2006, to stockholders of record on Jan.
30, 2006.
About UnumProvident
UnumProvident (UNM) is the largest provider of group and
individual disability income protection insurance in the United States
and United Kingdom. Through its subsidiaries, Unum... |
| | | 12/19/05 | UnumProvident Corporation to Release Fourth Quarter 2005 Results and Host Conference Call| CHATTANOOGA, Tenn., Dec 19, 2005 (BUSINESS WIRE) -- UnumProvident Corporation (NYSE: UNM) has scheduled the
release of its fourth quarter 2005 results for Wednesday, February 1
at approximately 4:00 p.m. (eastern). UnumProvident Corporation senior
management will host a conference call on Thursday, February 2 at 9:00
a.m. (eastern) to discuss the results of operations for the fourth
quarter and may include forward-looking information, such as guidance
on future results or trends in operati... |
| | | 11/21/05 | UnumProvident Corporation to Present at Friedman Billings Ramsey Conference| CHATTANOOGA, Tenn.--(BUSINESS WIRE)--Nov. 21, 2005--UnumProvident
Corporation (NYSE: UNM) announced today that it will present at the
Friedman Billings Ramsey 2005 Investor Conference on Nov. 29, 2005.
Joseph Zubretsky, senior executive vice president, finance, investment
and corporate development, will represent UnumProvident and is
scheduled to speak at 4:25 p.m. (Eastern).
There will also be a live audio webcast of the presentation at
http://www.wsw.com/webcast/fbr13/unm. This ... |
| | | 11/07/05 | UnumProvident Announces Plan to Repatriate up to $450 Million under the Homeland Investment Act| CHATTANOOGA, Tenn., Nov 07, 2005 (BUSINESS WIRE) -- UnumProvident Corporation (NYSE: UNM) announced today
that it intends to repatriate, during the fourth quarter of 2005, up
to $450 million in unremitted foreign earnings under the Homeland
Investment Act. As part of its repatriation plan, one of its wholly
owned subsidiaries, UnumProvident Finance Company plc, intends to
issue 10-year notes in a private offering, which will be fully and
unconditionally guaranteed by UnumProvident Corporat... |
| | | 11/01/05 | UnumProvident Corporation Reports Third Quarter 2005 Results| CHATTANOOGA, Tenn., Nov 01, 2005 (BUSINESS WIRE) -- UnumProvident Corporation (NYSE: UNM) announced today
its results for the third quarter of 2005.
The Company reported net income of $52.6 million ($0.17 per
diluted common share) for the third quarter of 2005, compared to
$167.6 million ($0.55 per diluted common share) for the third quarter
of 2004. Included in the results for the third quarter of 2005 are net
realized after tax investment losses of $46.3 million ($0.14 per
diluted com... |
| | | 10/19/05 | UnumProvident to Release 3Q 2005 Results and Host Conference Call| CHATTANOOGA, Tenn.--(BUSINESS WIRE)--Oct. 19, 2005--UnumProvident
Corporation (NYSE: UNM) has scheduled the release of its third quarter
2005 results for Tuesday, Nov. 1 at approximately 4 p.m. (Eastern).
UnumProvident Corporation senior management will host a conference
call on Wednesday, Nov. 2 at 9 a.m. (Eastern) to discuss the results
of operations for the third quarter and may include forward-looking
information, such as guidance on future results or trends in
operations, as well... |
| | | 10/17/05 | UnumProvident 2005 Investor Meeting Today; Live Webcast Available| CHATTANOOGA, Tenn.--(BUSINESS WIRE)--Oct. 17, 2005--As previously
announced, UnumProvident Corporation (NYSE: UNM) will hold its 2005
Investor Meeting today from 10 a.m. until 4 p.m. A live webcast of the
event will be available on the company's website at
www.unumprovident.com in a listen-only mode and will include both
speeches and slides. About 15 minutes prior to the start of the
meeting, you should access the "Investors & Shareholders" section of
this site. An agenda of the day's... |
| | | 10/11/05 | UnumProvident Declares Dividend for Quarter of $0.075 Per Share| CHATTANOOGA, Tenn.--(BUSINESS WIRE)--Oct. 11, 2005--On Oct. 10,
2005, the Board of Directors of UnumProvident Corporation (NYSE: UNM)
declared a quarterly dividend of $0.075 per share of its Common Stock,
to be paid on Nov. 18, 2005, to stockholders of record on Oct. 31,
2005.
About UnumProvident
UnumProvident (UNM) is the largest provider of group and
individual disability income protection insurance in the United States
and United Kingdom. Through its subsidiaries, UnumProv... |
| | | 10/03/05 | UnumProvident Reaches Settlement with California Department of Insurance; 'Changing Landscape' May Impact Cost, Availability of Disability Insurance in State| CHATTANOOGA, Tenn.--(BUSINESS WIRE)--Oct. 3, 2005--UnumProvident
Corporation (NYSE: UNM) today announced that three of its insurance
subsidiaries have entered into a settlement agreement with the
California Department of Insurance, concluding a market conduct
examination and investigation of the subsidiaries' disability claims
handling practices. As part of the settlement, UnumProvident has
agreed to change certain practices and policy provisions related to
its California business and... |
| | | 09/27/05 | UnumProvident Completes Recapture of Closed Block Business| CHATTANOOGA, Tenn.--(BUSINESS WIRE)--Sept. 27, 2005--UnumProvident
Corporation (NYSE: UNM) today announced that it has completed its
previously announced agreement with Centre Life Reinsurance Ltd. to
recapture its closed block individual income protection business
originally ceded to Centre in 1996 by Unum Life Insurance Company of
America. The business includes $1.6 billion in invested assets
transferred to UnumProvident and $185 million of annual premium. The
effective date of the ... |
| | | 09/14/05 | UnumProvident to Hold 2005 Investor Meeting on Oct. 17, 2005; Webcast Information Provided| CHATTANOOGA, Tenn., Sep 14, 2005 (BUSINESS WIRE) -- UnumProvident Corporation (NYSE:UNM) announced today
that it will hold its 2005 Investor Meeting on Monday, Oct. 17, 2005.
The Company had previously announced that the meeting would be held on
Sept. 21; however, the Company is hopeful that the new date will
enable the Company to provide a material update on the status of the
discussions, or potentially a settlement, with the California
Department of Insurance concerning its examination a... |
| | | 09/08/05 | UnumProvident Names Charles Glick Executive Vice President and General Counsel| CHATTANOOGA, Tenn., Sep 08, 2005 (BUSINESS WIRE) -- UnumProvident (NYSE:UNM) today announced that Charles
Glick has been appointed executive vice president and general counsel
for the leading disability income protection insurance provider.
In this capacity, Glick will have responsibility for the company's
legal, compliance and regulatory functions, as well as the human
resources, facilities, internal audit and government relations
organizations. He will report directly to Thomas R. Wa... |
| | | 08/30/05 | UnumProvident's New Supplemental Insurance Helps Combat Rising Healthcare Costs| CHATTANOOGA, Tenn.--(BUSINESS WIRE)--Aug. 23, 2005--
MedSupport's benefits can help employees pay for medical co-insurance,
co-pays and deductibles, as well as other ancillary medical expenses
UnumProvident (NYSE:UNM) today announced the release of
MedSupport, a new voluntary insurance product designed to help
employers and employees address the financial impact of rising medical
costs.
MedSupport, the latest in the company's range of supplemental
insurance products, hel... |
| | | 08/16/05 | UnumProvident to Recapture Closed Block Business Ceded to Centre Re in 1996|
CHATTANOOGA, Tenn., Aug. 16, 2005 (PRIMEZONE) -- UnumProvident Corporation (NYSE:UNM) today announced an agreement with Centre Life Reinsurance Ltd. to recapture its closed block individual income protection business originally ceded to Centre in 1996 by Unum Life Insurance Company of America. The business includes approximately $1.6 billion in invested assets to be transferred and $185 million of annual premium. The effective date of the recapture of this ceded business will be on or prior to... |
| | | 08/09/05 | New Ad Campaign Focuses on UnumProvident's Benefit Solutions Role|
CHATTANOOGA, Tenn., Aug. 9, 2005 (PRIMEZONE) -- UnumProvident (NYSE:UNM) rolls out a new advertising campaign this month that, for the first time in many years, does not feature its premier product - disability income protection. Instead, the new campaign focuses on UnumProvident's supplemental products and on its leading position as a provider of benefit solutions to help individuals, families and employers manage many of life's challenges.
"Smart Service. Great Ideas." is the company'... |
| | | 08/02/05 | UnumProvident Corporation Reports Second Quarter 2005 Results| CHATTANOOGA, Tenn., Aug. 2 /PRNewswire-FirstCall/ -- UnumProvident
Corporation (NYSE: UNM) announced today its results for the second quarter of
2005.
The Company reported net income of $171.3 million ($0.55 per diluted
common share) for the second quarter of 2005, compared to $7.2 million ($0.02
per diluted common share) for the second quarter of 2004. Included in the
results for the second quarter of 2005 are net realized after-tax investment
gains of $42.6 million ($0.13 per di... |
| | | 07/20/05 | UnumProvident to Release 2Q2005 Results and Host Analyst Conference Call|
CHATTANOOGA, Tenn., July 20, 2005 (PRIMEZONE) -- UnumProvident Corporation (NYSE:UNM) has scheduled the release of its second quarter 2005 results for Tuesday, Aug. 2 at approximately 4 p.m. (Eastern).
UnumProvident Corporation senior management will host a conference call on Wednesday, Aug. 3 at 9 a.m. (Eastern) to discuss the results of operations for the second quarter and may include forward-looking information, such as guidance on future results or trends in operations, as well as ... |
| | | 07/15/05 | UnumProvident Declares Dividend of $0.075 Per Share of Common Stock|
CHATTANOOGA, Tenn., July 15, 2005 (PRIMEZONE) -- On July 14, 2005, the Board of Directors of UnumProvident Corporation (NYSE:UNM) declared a quarterly dividend of $0.075 per share of its Common Stock, to be paid on August 19, 2005, to stockholders of record on July 25, 2005.
About UnumProvident
UnumProvident (UNM) is the largest provider of group and individual disability income protection insurance in the United States and United Kingdom. Through its subsidiaries, UnumProvident ... |
| | | 07/14/05 | UnumProvident Announces Election of New Director and Resignation of Existing Director|
CHATTANOOGA, Tenn., July 14, 2005 (PRIMEZONE) -- UnumProvident Corporation (NYSE:UNM) announced today that its board of directors has elected Edward J. Muhl to serve as a director of the company.
Mr. Muhl has over 35 years' experience in the insurance industry in both the public and private sectors, having served as commissioner of insurance for Maryland and superintendent of insurance for New York. He also served as vice president and president of the National Association of Insurance ... |
| | | 07/07/05 | UnumProvident: Aging U.S. Workforce Creates Challenges to Corporate Health and Productivity: UnumProvident Report Highlights Issues, Opportunities Facing Employers|
CHATTANOOGA, Tenn., July 7, 2005 (PRIMEZONE) -- At 55, Jack's not so nimble. He's not so quick. Jack slipped and fell over the candlestick. Now Jack's lower back injury will keep him out of work for 16 weeks.
Jack is one of approximately 75 million Americans between the ages of 40 and 60 - a baby boomer. This cohort of aging workers is living, working and playing longer than their predecessors, and this promises to bring unique demands and challenges to today's workplace.
New res... |
| | | 07/06/05 | UnumProvident No. 1 in Enrollment for Group Long Term Care Insurance: Insurer Passes Milestone of Half-Million Covered Lives|
CHATTANOOGA, Tenn., July 6, 2005 (PRIMEZONE) -- LIMRA International ranked UnumProvident (NYSE:UNM) No. 1 based on the number of insureds covered in the employer-sponsored group long term care insurance market, with a record enrollment of 485,290 employees in 2004. By mid-year 2005, UnumProvident exceeded enrollment of a half-million covered lives.
In December 2004, UnumProvident unveiled Group Long Term Care Advantage, a new group long term care product that allows employers to design ... |
| | | 06/28/05 | UnumProvident Developing Integrated, Online Enrollment System: plane.biz to Help Meet Increasing Employer Needs for Flexible Worksite Support|
CHATTANOOGA, Tenn., June 28, 2005 (PRIMEZONE) -- UnumProvident (NYSE:UNM), a leader in supplemental benefits sold at the worksite, is developing a new web-based platform that will facilitate enrollment of most of the company's products in nearly any business environment.
This user-friendly solution, plane.biz, will be the first truly complete enrollment integration of UnumProvident's group, supplemental and multi-life disability income protection products. Importantly for employers, it ... |
| | | 06/21/05 | National Business Group on Health Names UnumProvident One of Best Employers for Healthy Lifestyles| UnumProvident Among 22 Companies Recognized for Combating Obesity and
Promoting Healthy Workplace
CHATTANOOGA, Tenn., June 21 /PRNewswire-FirstCall/ -- The National
Business Group on Health, a national non-profit organization, today honored
UnumProvident Corporation (NYSE: UNM) for its commitment and dedication to
combating obesity and promoting a healthy lifestyle for its employees.
UnumProvident was among 22 employers who received the "Best Employ... |
| | | 06/07/05 | UnumProvident Maintains Lead in Group, Individual Disability Income Protection| CHATTANOOGA, Tenn., June 7 /PRNewswire-FirstCall/ -- UnumProvident
(NYSE: UNM) maintained its leadership in long-term and short-term group and
individual income protection markets, according to the 2004 JHA group and
individual disability market surveys.
(Logo: http://www.newscom.com/cgi-bin/prnh/20030929/CHM022LOGO-a )
For the 29th consecutive year, UnumProvident or one of its predecessor
companies led the group income protection industry in both inforce business
premium and... |
| | | 05/03/05 | UnumProvident Corporation Reports First Quarter 2005 Results| CHATTANOOGA, Tenn., May 3 /PRNewswire-FirstCall/ -- UnumProvident
Corporation (NYSE: UNM) announced today its results for the first quarter of
2005.
The Company reported net income of $152.2 million ($0.49 per diluted
common share) for the first quarter of 2005, compared to a net loss of $562.3
million ($1.91 per diluted common share) for the first quarter of 2004.
Included in the results for the first quarter of 2005 are net realized after
tax investment losses of $2.1 million ($... |
| | | 04/13/05 | UnumProvident Corporation to Release First Quarter 2005 Results and Host Conference Call| CHATTANOOGA, Tenn., April 13 /PRNewswire-FirstCall/ -- UnumProvident
Corporation (NYSE: UNM) has scheduled the release of its first quarter 2005
results for Tuesday, May 3 at approximately 4:00 p.m. (eastern).
UnumProvident Corporation senior management will host a conference call on
Wednesday, May 4 at 9:00 a.m. (eastern) to discuss the results of operations
for the first quarter and may include forward-looking information, such as
guidance on future results or trends in operations, as we... |
| | | 04/11/05 | UnumProvident Corporation Declares Quarterly Dividend of $0.075 Cents Per Share of its Common Stock| CHATTANOOGA, Tenn., April 11 /PRNewswire-FirstCall/ -- On April 11, 2005,
the Board of Directors of UnumProvident Corporation (NYSE: UNM) declared a
quarterly dividend of $0.075 cents per share of its Common Stock, to be paid
on May 20, 2005, to stockholders of record on April 25, 2005.
UnumProvident is the largest provider of group and individual disability
income protection insurance in the United States and United Kingdom. Through
its subsidiaries, UnumProvident insures more tha... |
| | | 03/31/05 | UnumProvident Expands Online Tools to Assist in Filing a Disability Claim| CHATTANOOGA, Tenn., March 31 /PRNewswire-FirstCall/ -- UnumProvident
(NYSE: UNM) has expanded its suite of online tools that help employers and
employees file a disability insurance claim.
Employers can now access a step-by-step online guide that includes sample
claims forms, administration guides, and information specific to maternity or
long term disability claims.
Additionally, once the claim has been processed, individuals can
conveniently access a new online claim statu... |
| | | 03/30/05 | UnumProvident Modifies Producer Compensation| Practices in Response to Industry Developments
CHATTANOOGA, Tenn., March 30 /PRNewswire-FirstCall/ -- UnumProvident
Corporation (NYSE: UNM), the nation's leading disability provider, today
announced that it is making a series of changes in its producer compensation
and disclosure practices in response to ongoing developments within the
industry. The company further indicated that additional changes may be made
as more information is available from within the industry and from regula... |
| | | 03/03/05 | UnumProvident Ranks in Top 50 of Employers for People With Disabilities| Company is recognized for the second year in a row
CHATTANOOGA, Tenn., March 3 /PRNewswire-FirstCall/ -- For the second year
in a row, UnumProvident Corporation (NYSE: UNM) has been named a "Top 50
Employer" by CAREERS & the disABLED. The magazine's readers rated U.S.
companies that are progressive in hiring people with disabilities or are
companies for which they would most prefer to work.
This year UnumProvident moved up nine spots to rank 17th out of 50
companies.
... |
| | | 03/02/05 | Cancer Tops Most Frequent Causes of Long Term Disability Claims in 2004| Pregnancy leading cause of short-term absence from work CHATTANOOGA, Tenn., March 2, 2005 /PRNewswire-FirstCall via COMTEX/ -- For the fourth
consecutive year, cancer is the leading cause of long-term absence from work
(more than 90 days) for working-age Americans, according to claims submitted
during 2004 to UnumProvident (NYSE: UNM), the leading provider of disability
income protection insurance.
Rounding out the top five reasons for long-term disability claims are
complications o... |
| | | 03/01/05 | UnumProvident Names Joseph Zubretsky Senior Executive Vice President, Finance, Investments and Corporate Development| CHATTANOOGA, Tenn., March 1, 2005 /PRNewswire-FirstCall via COMTEX/ -- UnumProvident
Corporation (NYSE: UNM) today announced that Joseph M. Zubretsky has been
appointed senior executive vice president of Finance, Investments and
Corporate Development for the leading disability income protection insurance
provider.
In this capacity, Zubretsky will have responsibility for the company's
financial operations and capital management, investment management operations,
enterprise risk manag... |
| | | 02/22/05 | UnumProvident Sets Annual Meeting| CHATTANOOGA, Tenn., Feb. 22 /PRNewswire-FirstCall/ -- The Board of
Directors of UnumProvident (NYSE: UNM) has set May 12, 2005, as the date for
the company's annual meeting of stockholders to be held in Chattanooga. The
directors also have set March 14, 2005, as the record date for determination
of stockholders entitled to vote at the annual meeting.
About UnumProvident
UnumProvident (UNM) is the largest provider of group and individual
disability income protection insurance i... |
| | | 02/22/05 | UnumProvident Strengthens Critical Illness and Short Term Disability Products| CHATTANOOGA, Tenn., Feb. 22 /PRNewswire-FirstCall/ -- In response to a
rapidly growing voluntary benefits market, UnumProvident (NYSE: UNM) today
announced enhancements to its critical illness and individual short term
disability insurance products.
The specified critical illness insurance now includes the option of base
or enhanced coverage. Base coverage features a benefit payout for heart
attack, stroke, permanent paralysis, kidney failure, organ transplant or
coronary artery b... |
| | | 02/02/05 | UnumProvident Corporation Reports Fourth Quarter 2004 Results| CHATTANOOGA, Tenn., Feb 02, 2005 /PRNewswire-FirstCall via COMTEX/ -- UnumProvident
Corporation (NYSE: UNM) announced today its results for the fourth quarter of
2004, which were highlighted by continued solid statutory earnings levels and
an improved statutory capital position, improved benefit ratio trends in its
group income protection line of business, stable persistency experience, and
strong performance from its subsidiary companies.
(Logo: http://www.newscom.com/cgi-bin/prnh/20... |
| | | 01/28/05 | UnumProvident Declares Quarterly Dividend of $0.075 Per Share of Common Stock| CHATTANOOGA, Tenn., Jan 28, 2005 /PRNewswire-FirstCall via COMTEX/ -- On Jan. 10, 2005,
the Board of Directors of UnumProvident Corporation (NYSE: UNM) declared a
quarterly dividend of $0.075 per share of its common stock, to be paid on Feb.
18, 2005, to stockholders of record on Jan. 31, 2005.
(Logo: http://www.newscom.com/cgi-bin/prnh/20030929/CHM022LOGO-a )
About UnumProvident
UnumProvident (UNM) is the largest provider of group and individual
disability income protection i... |
| | | 01/10/05 | UnumProvident Corporation to Release Fourth Quarter 2004 Results and Host Call| PORTLAND, Maine and CHATTANOOGA, Tenn., Jan. 10 /PRNewswire-FirstCall/ --
UnumProvident Corporation (NYSE: UNM) has scheduled the release of its fourth
quarter 2004 results for Wednesday, Feb. 2 at approximately 4 p.m. (Eastern).
UnumProvident Corporation senior management will host a conference call on
Thursday, Feb. 3 at 9 a.m. (Eastern) to discuss the results of operations for
the fourth quarter and may include forward-looking information, such as
guidance on future results or trends in... |
| | | 12/28/04 | UnumProvident Corporation to File Shelf Registration Statement| CHATTANOOGA, Tenn., Dec. 28 /PRNewswire-FirstCall/ -- UnumProvident
Corporation (NYSE: UNM) announced today that it intends to file a Form S-3
shelf registration statement with the Securities and Exchange Commission. The
shelf registration statement would allow for UnumProvident to issue various
types of securities, including common stock, preferred stock, debt securities,
depository shares, and warrants, from time to time, up to an aggregate of $1
billion. Once filed and declared effecti... |
| | | 12/21/04 | UnumProvident Announces Participating States' Approval of Multistate Settlement Agreement| CHATTANOOGA, Tenn., Dec. 21 /PRNewswire-FirstCall/ -- UnumProvident
Corporation (NYSE: UNM) today announced that the required number of states
participating in a multistate market conduct examination relating to
disability claims handling practices had signed appropriate documents
consenting to regulatory settlement agreements which are now effective. The
Company previously announced on Nov. 18, 2004, that certain of its insurance
subsidiaries had entered into settlement agreements with st... |
| | | 12/14/04 | UnumProvident Reports 100% Increase in Diabetes Claims| Employers' Cost Tops $33,000 Annually Per Claimant
CHATTANOOGA, Tenn., Dec. 14 /PRNewswire-FirstCall/ -- More employees are
taking time off from work to deal with health concerns related to diabetes,
according to a study released today by UnumProvident (NYSE: UNM), titled "Type
2 Diabetes: Managing a Costly Disability." The nation's leading provider of
disability insurance reports a 100 percent increase since 2001 in the number
of workers filing disability claims for type 2 diabetes... |
| | | 12/02/04 | UnumProvident Unveils New Product to Meet Growing Demand for Group Long Term Care| Group Long Term Care Advantage will be available in January 2005
CHATTANOOGA, Tenn., Dec. 2 /PRNewswire-FirstCall/ -- UnumProvident
(NYSE: UNM) today unveils a new group long term care product that offers
employers choices to design a policy that best meets the needs of their
employees.
(Logo: http://www.newscom.com/cgi-bin/prnh/20030929/CHM022LOGO-a )
UnumProvident is the long term care provider of choice for more employer
groups and insures more employees than any ot... |
| | | 11/29/04 | UnumProvident Elects Two Directors| Pamela H. Godwin and Gloria Cordes Larson Join Board CHATTANOOGA, Tenn., Nov 29, 2004 /PRNewswire-FirstCall via COMTEX/ -- UnumProvident
Corporation (NYSE: UNM) today announced that following a search undertaken by
its Governance Committee, the Company's Board of Directors has elected Pamela
H. Godwin and Gloria Cordes Larson to the Board of Directors of UnumProvident.
(Logo: http://www.newscom.com/cgi-bin/prnh/20030929/CHM022LOGO-a )
With the election of these individuals, UnumPr... |
| | | 11/18/04 | UnumProvident Announces Settlement of Multistate Market Conduct Examination| Agreement Subject to Consent of Participating States; Special Investor Call Set for 9:00 A.M. (EST) on November 19 CHATTANOOGA, Tenn., Nov 18, 2004 /PRNewswire-FirstCall via COMTEX/ -- UnumProvident
Corporation (NYSE: UNM) today announced that certain of its insurance
subsidiaries had entered into settlement agreements with state insurance
regulators upon conclusion of a multistate market conduct examination led by
Maine, Massachusetts and Tennessee relating to disability claims handling
p... |
| | | 11/03/04 | UnumProvident Corporation Reports Third Quarter 2004 Results| CHATTANOOGA, Tenn., Nov. 3 /PRNewswire-FirstCall/ -- UnumProvident
Corporation (NYSE: UNM) announced today its results for the third quarter of
2004, which were highlighted by improved operating income in its group income
protection line of business, stable persistency experience, strong performance
from its subsidiary companies, especially Unum Limited, and continued solid
statutory earnings levels.
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"I am plea... |
| | | 10/26/04 | UnumProvident Study Shows Healthcare Workers Experience Higher Rates of Disability| Lost time from injuries and illnesses significantly higher
than other industries
CHATTANOOGA, Tenn., Oct. 26 /PRNewswire-FirstCall/ -- A report released
today by UnumProvident (NYSE: UNM) shows workers in the healthcare industry
are disproportionately affected by injury and illness when compared to workers
in non-healthcare related industries.
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Among the study findings, hospit... |
| | | 10/19/04 | UnumProvident Statement on Broker Compensation Issues| CHATTANOOGA, Tenn., Oct 19, 2004 /PRNewswire-FirstCall via COMTEX/ -- UnumProvident
Corporation (NYSE: UNM) today issued the following statement on broker
compensation issues:
"One of the keys to success in our business is building a trusted
relationship among customers, brokers, and insurance companies, and this past
week that trust was questioned," said Thomas R. Watjen, president and chief
executive officer of UnumProvident. "We and many others are strong advocates
of complete and ... |
| | | 10/14/04 | UnumProvident Corporation to Release Third Quarter 2004 Results and Host Conference Call| PORTLAND, Maine, and CHATTANOOGA, Tenn., Oct. 14 /PRNewswire-FirstCall/ --
UnumProvident Corporation (NYSE: UNM) has scheduled the release of its third
quarter 2004 results for Wednesday, November 3 at approximately 4:00 p.m.
(eastern). UnumProvident Corporation senior management will host a conference
call on Thursday, November 4 at 9:00 a.m. (eastern) to discuss the results of
operations for the third quarter and may include forward-looking information,
such as guidance on future result... |
| | | 10/12/04 | UnumProvident Corporation Declares Quarterly Dividend of 7.5 Cents Per Share of its Common Stock| CHATTANOOGA, Tenn., Oct. 12 /PRNewswire-FirstCall/ -- On October 11, 2004,
the Board of Directors of UnumProvident Corporation (NYSE: UNM) declared a
quarterly dividend of 7.5 cents per share of its Common Stock, to be paid on
November 19, 2004, to stockholders of record on October 25, 2004.
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UnumProvident is the largest provider of group and individual disability
income protection insurance in the United States ... |
| | | 08/18/04 | Data Reveals Striking Increase in Disability Claims Related to Obesity| Conditions associated with obesity increase burden on health costs CHATTANOOGA, Tenn., Aug 18, 2004 /PRNewswire-FirstCall via COMTEX/ -- UnumProvident
(NYSE: UNM) reports a dramatic increase in disability claims for chronic
health conditions that are linked to obesity.
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A UnumProvident report released earlier this year cited a tenfold increase
over the past decade in short term disability claims in which obesity was... |
| | | 08/12/04 | UnumProvident Elects Three Directors| CHATTANOOGA, Tenn., Aug. 12 /PRNewswire-FirstCall/ -- UnumProvident
Corporation (NYSE: UNM) today announced that following a search undertaken by
its Governance Committee, the company's board of directors has elected E.
Michael Caulfield, former executive vice president of Prudential Insurance
Co., Thomas A. Kinser, former president and chief executive officer of
BlueCross BlueShield of Tennessee, and William J. Ryan, chairman, president
and chief executive officer of Banknorth Group Inc.,... |
| | | 08/06/04 | UnumProvident Registration Statement Declared Effective by SEC| CHATTANOOGA, Tenn., Aug. 6 /PRNewswire-FirstCall/ -- UnumProvident
Corporation (NYSE: UNM) announced today that its Form S-3 Registration
Statement, which was filed on May 14, 2004, pursuant to the Registration
Rights Agreement entered into in connection with the private offering of the
Company's 8.25% Adjustable Conversion-Rate Equity Security Units (the "ACES
Units") which closed May 11, 2004, has been declared effective by the
Securities and Exchange Commission. The Registration Stateme... |
| | | 08/04/04 | UnumProvident Corporation Reports Second Quarter 2004 Results| CHATTANOOGA, Tenn., Aug 4, 2004 /PRNewswire-FirstCall via COMTEX/ -- UnumProvident
Corporation (NYSE: UNM) announced today its results for the second quarter of
2004, which were highlighted by improved operating income in its group income
protection line of business, the strongest level of statutory operating income
in over three years, and operating income from continuing operations before
net realized investment losses which exceeded consensus estimates. The second
quarter results also i... |
| | | 07/20/04 | UnumProvident Names Roger Edgren Executive Vice President, Field Sales| CHATTANOOGA, Tenn., July 20 /PRNewswire-FirstCall/ -- UnumProvident
Corporation (NYSE: UNM) today announced that Roger Edgren has been appointed
executive vice president of field sales.
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In this capacity, Edgren will have responsibility for the company's U.S.
brokerage sales operations. He will report directly to Thomas R. Watjen,
UnumProvident's chief executive officer, and will be based at the company's
Chatta... |
| | | 07/06/04 | UnumProvident Outlines Best Practices for Healthier Workplace| Employers share critical role in tackling workforce obesity
CHATTANOOGA, Tenn., July 6 /PRNewswire-FirstCall/ -- Corporate America has
a responsibility to the health of its workforce -- and the health of its
bottom line -- to address workforce obesity, says UnumProvident, the nation's
leading provider of disability income protection insurance.
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"American workers are spending more time at work today than in ... |
| | | 06/24/04 | UnumProvident Ranks No. 1 in Individual Disability Income Protection| Provider tops annual rankings with $63 million in new individual sales,
continues leadership in group coverages
CHATTANOOGA, Tenn., June 24 /PRNewswire-FirstCall/ -- UnumProvident
(NYSE: UNM) ranks first in individual income protection insurance sales,
according to JHA's 2003 U.S. Individual Disability Market Survey.
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UnumProvident generated nearly $63 million in new sales from more than
69,000 individual... |
| | | 05/13/04 | UnumProvident Introduces Compliance Resource for Small and Mid-Sized Companies| Resource helps employers cope with challenging government regulations
CHATTANOOGA, Tenn., May 13 /PRNewswire-FirstCall/ -- To help employers
deal with increasingly complex state and federal compliance issues,
UnumProvident (NYSE: UNM) will begin including a new service, HR Compliance
Solutions, with new long term disability income protection policies for small
and mid-market group customers.
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HR Compliance... |
| | | 05/13/04 | UnumProvident Re-Elects Four Directors at Annual Shareholders Meeting| PORTLAND, Maine, May 13, 2004 /PRNewswire-FirstCall via COMTEX/ -- At its annual meeting
held here today, UnumProvident Corporation's (NYSE: UNM) shareholders
re-elected four directors to terms expiring in 2007.
(Photo: http://www.newscom.com/cgi-bin/prnh/20030929/CHM022LOGO-a )
Those re-elected were Ronald E. Goldsberry, chairman of OnStation
Corporation; Hugh O. Maclellan Jr., president of The Maclellan Foundation,
Inc.; C. William Pollard, chairman emeritus of The ServiceMaster ... |
| | | 05/06/04 | UnumProvident Corporation Announces Private Placement Agreement| CHATTANOOGA, Tenn., May 6 /PRNewswire-FirstCall/ -- UnumProvident
Corporation (NYSE: UNM) confirmed that it has entered into definitive
subscription agreements for the private placement of $300 million of
adjustable conversion-rate equity security units to institutional investors in
a private placement, as discussed in the May 5th earnings release. The
private placement is scheduled to be completed on May 11, 2004, subject to
satisfaction of customary closing conditions. The units have n... |
| | | 05/05/04 | UnumProvident Corporation Reports First Quarter 2004 Results| Announces Restructuring of Closed Block Individual Income Protection Business
and Lower Group Income Protection Benefit Ratio
CHATTANOOGA, Tenn., May 5 /PRNewswire-FirstCall/ -- UnumProvident
Corporation (NYSE: UNM) announced today its results for the first quarter of
2004, which are in line with consensus estimates and which include the
restructuring of its closed block of individual income protection business.
The closed block consists of individual income protection policies sold
... |
| | | 04/27/04 | UnumProvident Introduces New Voluntary Accident Insurance Plan| Unintentional injuries cost Americans an estimated $586.3 billion. CHATTANOOGA, Tenn., Apr 27, 2004 /PRNewswire-FirstCall via COMTEX/ -- UnumProvident
(NYSE: UNM), the leader in disability income protection insurance(1), has
introduced a new voluntary accident insurance plan designed to help pay
expenses that result from covered accidents occurring on or off the job.
(Logo: http://www.newscom.com/cgi-bin/prnh/20030929/CHM022LOGO-a )
This competitively priced insurance includes a ba... |
| | | 04/19/04 | UnumProvident Ranks First in Group Disability Income Protection| Insurer Selected by more than 7,000 employers in 2003
CHATTANOOGA, Tenn., April 19 /PRNewswire-FirstCall/ -- For the 28th
consecutive year, UnumProvident (NYSE: UNM) ranked first in long-term and
short-term group income protection, according to the 2003 JHA U.S. Group
Disability Market Survey released last week.
(Logo: http://www.newscom.com/cgi-bin/prnh/20030929/CHM022LOGO-a )
The company led the industry for 2003 in both new sales premium and new
cases. Last year, Unum... |
| | | 04/15/04 | UnumProvident Corporation Declares Quarterly Dividend of 7.5 Cents Per Share of its Common Stock| CHATTANOOGA, Tenn., April 15 /PRNewswire-FirstCall/ -- the Board of
Directors of UnumProvident Corporation (NYSE: UNM) declared a quarterly
dividend of 7.5 cents per share of its Common Stock, to be paid on May 21,
2004, to stockholders of record on April 26, 2004.
(Logo: http://www.newscom.com/cgi-bin/prnh/20030929/CHM022LOGO-a )
UnumProvident is the largest provider of group and individual disability
income protection insurance in the United States and United Kingdom. With
... |
| | | 03/03/04 | Horn Named President, CEO of Colonial| CHATTANOOGA, Tenn., March 3 /PRNewswire-FirstCall/ -- UnumProvident
Corporation (NYSE: UNM) today announced it has named Randall ("Randy") C. Horn
president and chief executive officer of its wholly-owned subsidiary, Colonial
Life & Accident Insurance Company. Colonial is a market leader in providing
workplace products and services to employers and not-for-profit organizations
throughout the United States.
(Logo: http://www.newscom.com/cgi-bin/prnh/20030929/CHM022LOGO-a )
Mr. ... |
| | | 02/17/04 | UnumProvident Report Shows Tenfold Increase in Obesity-Related Disability Claims| Annual Healthcare Costs Average $51,000 Per Person
CHATTANOOGA, Tenn., Feb. 17 /PRNewswire-FirstCall/ -- The number of
obesity-related disability claims are on the rise, according to a recent
report by UnumProvident Corporation (NYSE: UNM), the nation's largest provider
of disability income protection insurance. Further, individuals filing claims
related to obesity have significantly higher medical costs, averaging more
than $51,000 per claimant per year.
(Logo: http://www.ne... |
| | | 02/04/04 | UnumProvident Corporation Reports Fourth Quarter 2003 Results| CHATTANOOGA, Tenn., Feb 4, 2004 /PRNewswire-FirstCall via COMTEX/ -- UnumProvident
Corporation (NYSE: UNM) today reported a net loss of $347.2 million ($1.18 per
diluted common share) for the fourth quarter of 2003, compared to net income
of $102.2 million ($0.42 per diluted common share) for the fourth quarter of
2002. The loss from continuing operations before cumulative effect of
accounting principle change was $208.0 million ($0.71 per diluted common
share) for the fourth quarter of 2... |
| | | 02/03/04 | UnumProvident Corporation Announces Agreement to Restructure Argentine Operations| CHATTANOOGA, Tenn., Feb 3, 2004 /PRNewswire-FirstCall via COMTEX/ -- UnumProvident
Corporation ("UnumProvident") (NYSE: UNM) today announced that it has entered
into an agreement in principle that will result in the restructuring of its
operations in Argentina, placing its current assets, Boston Compania Argentina
de Seguros S.A. and Fibos S.A., under a new holding company to be formed as
Unum Latin America Holdings S.A. This agreement will also result in the
infusion of additional capita... |
| | | 01/12/04 | UnumProvident Corporation Declares Quarterly Dividend of 7.5 Cents Per Share of its Common Stock| CHATTANOOGA, Tenn., Jan. 12 /PRNewswire-FirstCall/ -- On January 12, 2004,
the Board of Directors of UnumProvident Corporation (NYSE: UNM) declared a
quarterly dividend of 7.5 cents per share of its Common Stock, to be paid on
February 20, 2004, to stockholders of record on January 26, 2004.
(Logo: http://www.newscom.com/cgi-bin/prnh/20030929/CHM022LOGO-a )
UnumProvident is the largest provider of group and individual disability
income protection insurance in the United States ... |
| | | 01/05/04 | UnumProvident Ranks in Top 50 List of Employers for People with Disabilities| CHATTANOOGA, Tenn., Jan. 5 /PRNewswire-FirstCall/ -- UnumProvident
Corporation ranked in the 13th Annual "Top 50 Companies" in CAREERS & the
disABLED magazine, a national career publication that reaches over 42,000
people. Readers selected US companies which they feel are progressive in
hiring people with disabilities or are companies for which they would most
prefer to work.
(Logo: http://www.newscom.com/cgi-bin/prnh/20030929/CHM022LOGO-a )
Eileen Farrar, Senior Vice Preside... |
| | | 12/16/03 | UnumProvident Corporation Announces New Arrangement with Swiss Life Group| CHATTANOOGA, Tenn., Dec 16, 2003 /PRNewswire-FirstCall via COMTEX/ -- UnumProvident
Corporation (NYSE: UNM) announced today that its insurance subsidiary in the
United Kingdom, Unum Limited, has reached a new arrangement with the Swiss
Life Group regarding its UK group risks business. Under the terms of the new
proposal, Unum Limited will become responsible for the ongoing administration
and management of Swiss Life (UK)'s group income protection claims portfolio,
and Swiss Life (UK) will... |
| | | 12/05/03 | UnumProvident Corporation Announces Agreement To Sell Japanese Operations to Hitachi Capital Corporation| CHATTANOOGA, Tenn., Dec. 5 /PRNewswire-FirstCall/ -- UnumProvident
Corporation (NYSE: UNM) today announced that it has entered into an agreement
to sell its wholly-owned subsidiary UNUM Japan Accident Insurance Co., ltd.
(UNUM Japan) to Hitachi Capital Corporation. The purchase price is
approximately $22.9 million. The transaction is expected to close in January
2004 and is subject to approval by Japanese regulators.
(Logo: http://www.newscom.com/cgi-bin/prnh/20030929/CHM022LOGO-a... |
| | | 11/05/03 | UnumProvident Corporation Reports Third Quarter of 2003 Results| CHATTANOOGA, Tenn., Nov. 5 /PRNewswire-FirstCall/ -- UnumProvident
Corporation (NYSE: UNM) today reported net income of $108.7 million
($0.36 per diluted common share) for the third quarter of 2003, compared to
net income of $113.4 million ($0.47 per diluted common share) for the third
quarter of 2002. Included in net income are net realized after-tax investment
losses of $16.0 million ($0.06 per diluted common share) in the third quarter
of 2003 and $41.6 million ($0.17 per diluted common... |
| | | 10/29/03 | New UnumProvident Website Offers Expanded Services and Streamlined Access| Site introduces easier-to-navigate information and assistance
CHATTANOOGA, Tenn., Oct. 29 /PRNewswire-FirstCall/ -- UnumProvident
(NYSE: UNM) has redesigned its website to give employers, sales partners,
insured employees and individual policyholders more of what they've asked for
online -- easier navigation, timesaving features and faster access to service
and information.
"We've expanded the online services that make it easier to do business
with us," said Joseph R. Foley, U... |
| | | 10/17/03 | UnumProvident Corporation to Release Third Quarter 2003 Results and Host Conference Call| PORTLAND, Maine and CHATTANOOGA, Tenn., Oct. 17 /PRNewswire-FirstCall/ --
UnumProvident Corporation (NYSE: UNM) has scheduled the release of its third
quarter earnings conference call for Thursday, November 6 at 9:00 a.m.
(eastern). UnumProvident Corporation senior management will discuss the
results of operations for the third quarter and may include forward-looking
information, such as guidance on future results or trends in operations, as
well as other material information. The dial-i... |
| | | 10/17/03 | Unumprovident Corporation Declares Quarterly Dividend of 7.5 Cents Per Share Of Its Common Stock| CHATTANOOGA, Tenn., Oct. 17 /PRNewswire-FirstCall/ -- On October 13, 2003,
the Board of Directors of UnumProvident Corporation (NYSE: UNM) declared a
quarterly dividend of 7.5 cents per share of its Common Stock, to be paid on
November 21, 2003, to stockholders of record on October 27, 2003.
(Logo: http://www.newscom.com/cgi-bin/prnh/20030929/CHM022LOGO-a )
The subsidiaries of UnumProvident Corporation offer a comprehensive,
integrated portfolio of products and services backed ... |
| | | 10/17/03 | UnumProvident to Handle Claims Management for Virginia Retirement System| CHATTANOOGA, Tenn., Oct. 17 /PRNewswire-FirstCall/ -- UnumProvident
Corporation (NYSE: UNM) today announced the Virginia Retirement System (VRS)
has selected UnumProvident as its third-party administrator for the Virginia
Sickness and Disability Program which covers about 63,000 Commonwealth of
Virginia employees. Under the agreement, UnumProvident will provide claims
management services for short-term and long-term disability coverage effective
January 1, 2004. Terms of the agreement we... |
| | | 10/13/03 | UnumProvident Launches Expanded Online Information Services To Help Employers Manage Absences| Improved information service now offers three levels of reporting CHATTANOOGA, Tenn., Oct 13, 2003 /PRNewswire-FirstCall via COMTEX/ -- Employers now have a
better way to measure, monitor and manage employee absences, thanks to
UnumProvident Corporation's (NYSE: UNM) expanded online Comparative Reporting
& Analysis (CR&A) information services.
Unscheduled employee absences cost American businesses $789 per employee
in 2002, reflecting a jump of nearly $180 in the past two years.(1)
... |
| | | 09/29/03 | UnumProvident Names Watjen President and CEO; Board Expresses Confidence in Watjen's Experience, Leadership| CHATTANOOGA, Tenn., Sept. 29 /PRNewswire-FirstCall/ -- UnumProvident
Corporation (NYSE: UNM) today announced that its Board of Directors has
appointed Thomas R. Watjen president and chief executive officer. Watjen has
been serving as the company's president and CEO on an interim basis since
March 2003.
(Logo: http://www.newscom.com/cgi-bin/prnh/20030929/CHM022LOGO-a )
(Photo: http://www.newscom.com/cgi-bin/prnh/20030929/CHM022-b )
"After a thorough external search, the... |
| | | 09/22/03 | UnumProvident's New Small Business Insurance Offers Large Employer Benefits| Big business advantages packaged for small business needs CHATTANOOGA, Tenn., Sep 22, 2003 /PRNewswire-FirstCall via COMTEX/ -- UnumProvident
(NYSE: UNM) has introduced a new disability income protection and life
insurance package for small employers that includes enhanced features,
increased benefit maximums and value-added services typically associated with
bigger businesses.
"Large employers offer comprehensive benefits and salary packages to
attract and retain employees. It can be... |
| | | 08/15/03 | UnumProvident Corporation Announces Agreement to Acquire UK Group Risks Business from Swiss Life Group| CHATTANOOGA, Tenn., Aug. 15 /PRNewswire-FirstCall/ -- UnumProvident
Corporation (NYSE: UNM) today announced that its insurance subsidiary in the
United Kingdom, Unum Limited, has entered into an agreement with the Swiss
Life Group to acquire its UK group risks business. This acquisition, which is
directly aligned with the Company's strategy, will further solidify Unum
Limited's leadership position in the UK group market, help generate sustained
profitable growth, and enable economies of s... |
| | | 08/05/03 | UnumProvident Corporation Reports Second Quarter of 2003 Results| CHATTANOOGA, Tenn., Aug. 5 /PRNewswire-FirstCall/ -- UnumProvident
Corporation (NYSE: UNM) today reported net income of $98.5 million ($0.36 per
diluted common share) for the second quarter of 2003, compared to net income
of $97.7 million ($0.40 per diluted common share) for the second quarter of
2002. Included in net income are net realized after-tax investment losses of
$17.3 million ($0.06 per diluted common share) in the second quarter of 2003
and $55.0 million ($0.23 per diluted comm... |
| | | 06/24/03 | UnumProvident Sustains Leadership in Income Protection Insurance; Number One Income Protection Insurer Gains in Group Long Term Care New Sales| CHATTANOOGA, Tenn., June 24 /PRNewswire-FirstCall/ -- Newly released group
and worksite insurance industry data indicate that UnumProvident continues to
enjoy significant market share dominance in disability income protection
insurance, while gaining strength in long term care and maintaining a stable
share of voluntary worksite and life business.
According to information provided by leading industry research firms,
UnumProvident enjoys:
* a 26 percent share of new premiu... |
| | | 05/30/03 | UnumProvident Announces Enhancements to its Individual Income Protection and Long-term Care Distribution Strategy| CHATTANOOGA, Tenn., May 30 /PRNewswire-FirstCall/ -- UnumProvident
Corporation (NYSE: UNM) introduced today a more effective, efficient
distribution model for the sale of its industry-leading Individual Income
Protection ("IIP") and Individual Long-term Care ("ILTC") insurance products.
The changes reflect the Company's increasing focus on corporate customers
while cost-effectively maintaining its individual product leadership.
For sales of single policies, the Company will now provi... |
| | | 05/27/03 | UnumProvident Expands Availability of Leave Administration Services; Leave Administration Services Align With Disability Claims Management| CHATTANOOGA, Tenn., May 27, 2003 /PRNewswire-FirstCall via COMTEX/ -- UnumProvident
(NYSE: UNM) is expanding the availability of its Family and Medical Leave Act
(FMLA) and state leave administration services. Traditionally available to
large companies with more than 5,000 employees, the service can now be
utilized by employers with 2,000 or more employees.
UnumProvident's Leave Management Unit, begun in 2000, manages the entire
federal and state leave process for the employer -- proce... |
| | | 05/07/03 | UnumProvident Completes Combined Offering of Common Stock and Mandatorily Convertible Units| CHATTANOOGA, Tenn., May 7, 2003 /PRNewswire-FirstCall via COMTEX/ -- UnumProvident
Corporation (NYSE: UNM) announced today that it has completed and received net
proceeds totaling approximately $960.7 million, after deducting underwriting
discounts and other offering expenses, from its previously announced offering
of $500 million of common stock and $500 million of Mandatorily Convertible
Units.
The securities were priced on Thursday, May 1, 2003 and include
45,980,000 common shares ... |
| | | 05/01/03 | UnumProvident Prices Combined Offering of $1 Billion Common Stock and Mandatory Units| CHATTANOOGA, Tenn., May 1 /PRNewswire-FirstCall/ -- UnumProvident
Corporation (NYSE: UNM) announced today that it has priced its offering of
$500 million of common stock and $500 million of Mandatory Units. The
offering included 45,980,000 common shares priced at $10.875 per share, and
20 million Units ($25 per Unit). The Units offer a coupon of 8.25 percent and
offer an approximate conversion price of $13.27 (a 22 percent premium to the
sale price of the common stock). The delivery of ... |
| | | 04/25/03 | UnumProvident Corporation Declares Quarterly Dividend of 7.5 Cents Per Share of its Common Stock|
Chattanooga, Tenn. – On April 23, 2003, the Board of Directors of UnumProvident Corporation (NYSE: UNM) declared a quarterly dividend of 7.5 cents per share of its Common Stock, to be paid on May 16, 2003, to stockholders of record on May 5, 2003. The Company announced earlier today an adjustment of its annual dividend rate from 59 cents per share to 30 cents per share.
The subsidiaries of UnumProvident Corporation offer a comprehensive, integrated portfolio of products and services backe... |
| | | 04/25/03 | UnumProvident Announces Financial Restructuring Plan to Increase Financial Strength and Improve Predictability of Results|
Combined Offering of $900 million Common Stock and Mandatory Convertible
Securities
Reduces Dividend and Strengthens Group LTD Reserves
CHATTANOOGA, Tenn., April 25 /PRNewswire-FirstCall/ -- UnumProvident
Corporation (NYSE: UNM) announced today a series of actions to increase the
Company's financial strength and improve the predictability of its business.
These actions will result in reduced debt leverage and inter-company loans,
... |
| | | 04/25/03 | UnumProvident Corporation Reports First Quarter of 2003 Results; Establishes 2003 Guidance Reflecting Restructuring Plan| CHATTANOOGA, Tenn., Apr 25, 2003 /PRNewswire-FirstCall via COMTEX/ -- UnumProvident
Corporation (NYSE: UNM) today reported a net loss of $246.4 million ($1.02 per
diluted common share) for the first quarter of 2003, compared to net income of
$87.9 million ($0.36 per diluted common share) for the first quarter of 2002.
Included in the net loss for the first quarter of 2003 is an increase in the
Company's group long-term income protection GAAP reserves of $454.0 million
before tax, or $295.1... |
| | | 04/21/03 | UnumProvident Announces New Product and Web-based Tools To Its WorkPack Portfolio| Company Enhances Popular Insurance Package for Small Businesses
CHATTANOOGA, Tenn., April 21 /PRNewswire-FirstCall/ -- UnumProvident
(NYSE: UNM) today announced three enhancements to its popular WorkPack
portfolio for small businesses. The enhancements will help small employers
offer more competitive benefits at no direct cost while providing brokers new
Web-based benefit communications and enrollment tools.
WorkPack is UnumProvident's package of voluntary (employee paid) insuran... |
| | | 04/04/03 | Jury Verdict Against UnumProvident Significantly Reduced; Second Verdict to be Appealed| CHATTANOOGA, Tenn., April 4 /PRNewswire-FirstCall/ -- This week, a
California judge reduced by 83 percent the original punitive damages awarded
in Randall Chapman v. UnumProvident, confirming UnumProvident's view that the
facts of that case did not support the original verdict. The Chapman ruling
also confirms that an initial verdict is not always the final result, as
initial damages may bear no justified relationship to the value of the policy
being litigated.
In another matter, Jo... |
| | | 04/03/03 | Court Significantly Reduces Judgment in UnumProvident Case| CHATTANOOGA, Tenn., April 3 /PRNewswire-FirstCall/ -- A California court
has significantly reduced the terms of the original judgment in the case of
Chapman v. UnumProvident.
UnumProvident strongly disagreed with the initial jury decision, which was
not unanimous. This week's ruling on post-trial motions involved:
* The court found that the insured was residually disabled and that the
evidence was insufficient to find that he was totally disabled.
* The court orde... |
| | | 03/31/03 | PHOTO ADVISORY -- UnumProvident Corporation Tom Watjen Personnel Announcement| Editors are advised that a high-resolution photo is available to accompany
the news release, NYM086, Tom Watjen Appointed President and CEO of
UnumProvident, issued earlier today by UnumProvident Corporation (NYSE: UNM).
Caption: caption: Thomas R. Watjen, President and Chief Executive
Officer, UnumProvident Corporation ... (PRNewsFoto)
Members of the media may download the photo at no charge from the
following online archives:
-- NewsCom: http://www.newscom.com/cgi-b... |
| | | 03/31/03 | UnumProvident Corporation to Host Conference Call RegardingSenior Management Changes| CHATTANOOGA, Tenn., Mar 31, 2003 /PRNewswire-FirstCall via COMTEX/ -- UnumProvident
Corporation (NYSE: UNM) senior management will host a conference call on
Monday, March 31 at 9:00 a.m. (eastern) to discuss its announcement regarding
senior management changes. The dial-in number is (800) 967-7187. A replay of
the call will be available by telephone through Friday, April 4.
Conference Call
Monday, March 31 - 9:00 a.m. (eastern). Dial-in number (800) 967-7187.
Conferen... |
| | | 03/31/03 | Tom Watjen Appointed President and CEO of UnumProvident| Directors William Pollard and Lawrence Pugh to Serve as Co-Chairmen in Newly Created Office of the Chairman of the Board CHATTANOOGA, Tenn., Mar 31, 2003 /PRNewswire-FirstCall via COMTEX/ -- UnumProvident
Corporation (NYSE: UNM) today announced senior management changes. The Board
has appointed Thomas R. Watjen, who is currently Vice Chairman and Chief
Operating Officer, to serve as President and Chief Executive Officer on an
interim basis. Watjen replaces J. Harold Chandler, who previous... |
| | | 03/24/03 | UnumProvident Resolves Comments Related to Filings With The Securities and Exchange Commission| CHATTANOOGA, Tenn., Mar 24, 2003 /PRNewswire-FirstCall via COMTEX/ --
UnumProvident Corporation (NYSE: UNM) announced today that it had resolved the
comments raised by the Securities and Exchange Commission ("SEC") regarding the
Company's previously filed Forms 10-Q and 10-K. The primary focus of these
comments related to the Company's investment disclosures, particularly those
detailing the investments in an unrealized loss position, and specifically with
the timing and amount of other th... |
| | | 03/13/03 | UnumProvident Responds to Rating Agency Actions| CHATTANOOGA, Tenn., Mar 13, 2003 /PRNewswire-FirstCall via COMTEX/ --
UnumProvident (NYSE: UNM) today issued the following statement in response to
today's news release from Fitch Ratings and Standard & Poor's indicating the
downgrade of UnumProvident's credit ratings.
"While the company is disappointed that Fitch and Standard & Poor's has taken
these actions, we are pleased that the 'A' ratings are reflective of our current
strong financial strength. We are also pleased that both agenc... |
| | | 03/10/03 | UnumProvident Responds to Moody's Report| CHATTANOOGA, Tenn., Mar 10, 2003 /PRNewswire-FirstCall via COMTEX/ --
UnumProvident (NYSE: UNM) today issued the following statement in response to a
March 7, 2003 research report issued by Moody's Investors Service indicating
Moody's could downgrade UnumProvident's credit ratings:
"The Company will continue to work with Moody's through the review process to
attempt to address their issues and concerns. UnumProvident is committed to
maintaining a strong financial base to support our bus... |
| | | 03/06/03 | UnumProvident Study Shows 10 Percent Of Employees Are Responsible For More Than Half Of Medical Costs| Groundbreaking Study on Impact of Disability on Medical Costs Also Shows Absence Management Programs Can Reduce Costs by 40 Percent CHATTANOOGA, Tenn., Mar 6, 2003 /PRNewswire-FirstCall via COMTEX/ --Today,
UnumProvident (NYSE: UNM), the income protection leader*, released findings of a
comprehensive employer research study providing evidence that 10 percent of
employees -- those who file occupational or non-occupational disability claims
-- drive 55 percent of employee medical costs and ... |
| | | 02/28/03 | UK Office of Fair Trading Approves Purchase of UK Sun Life Financial Group Risks Business by UnumProvident Subsidiary| CHATTANOOGA, Tenn., Feb 28, 2003 /PRNewswire-FirstCall via COMTEX/ --
UnumProvident Corporation (NYSE: UNM) today announced the approval of the
purchase of the UK Group-Income Protection business of Sun Life Financial
Services of Canada Inc. by Unum Limited. The transaction also includes the
renewal rights to Sun Life Financial's UKgroup life business. Altogether, the
purchase involves nearly 5,000 group insurance policies covering more than one
million lives.
Unum Limited is UnumProvi... |
| | | 02/26/03 | UnumProvident Selected by Fortune as One of 'America's Most Admired Companies'| Company Makes List for Third Consecutive Year
CHATTANOOGA, Tenn., Feb 26, 2003 /PRNewswire-FirstCall via COMTEX/ -- UnumProvident Corporation, the leading provider of income protection insurance*,
has made Fortune magazine's list of "America's Most Admired Companies" for the
third year in a row. UnumProvident appears in the March 3 issue on the "Most
Admired" list in the life and health insurance category.
To compile industry rankings, Fortune chose the largest companies by revenues i... |
| | | 02/17/03 | UnumProvident Sets 2003 Annual Meeting Date| CHATTANOOGA, Tenn., Feb 17, 2003 /PRNewswire-FirstCall via COMTEX/ -- The Board
of Directors of UnumProvident (NYSE: UNM) has set May 28, 2003, as the date for
the company's annual meeting of stockholders. The directors also have set March
31, 2003, as the record date for determination of stockholders entitled to vote
at the annual meeting.
The subsidiaries of UnumProvident Corporation offer a comprehensive, integrated
portfolio of products and services backed by industry-leading return... |
| | | 02/05/03 | UnumProvident Corporation Reports Fourth Quarter of 2002 Earnings| PORTLAND, Maine and CHATTANOOGA, Tenn., Feb 5, 2003 /PRNewswire-FirstCall via
COMTEX/ -- UnumProvident Corporation (NYSE: UNM) today reported after-tax
operating income before special items, net realized investment losses, and
extraordinary items of $155.1 million ($0.64 per diluted common share) for the
fourth quarter of 2002. These results compare to $150.9 million ($0.62 per
diluted common share) for the fourth quarter of 2001.
Net income for the fourth quarter of 2002 was $94.3 mill... |
| | | 01/23/03 | UnumProvident Launches New Individual Long Term Care Insurance Product; Coverage Broadened With Both Reimbursement and Indemnity Options|
CHATTANOOGA, Tenn., Jan. 23 /PRNewswire-FirstCall/ -- UnumProvident
(NYSE: UNM) is making it easier for customers to choose the appropriate type
of long term care (LTC) coverage by delivering a new insurance solution to the
marketplace that offers a reimbursement or an indemnity plan design.
Customers may choose between a plan design that reimburses for costs
already incurred and a plan design that pays the full daily benefit,
regardless of costs incurred. This level... |
| | | 01/13/03 | UnumProvident Corporation Announces Agreement to Acquire UK Group Risk Business From Sun Life Financial|
CHATTANOOGA, Tenn., Jan. 13 /PRNewswire-FirstCall/ -- UnumProvident
Corporation (NYSE: UNM) today announced that its insurance subsidiary in the
United Kingdom, Unum Limited, has entered into an agreement with Sun Life
Financial to acquire its UK group income protection business together with the
renewal rights to the group life business. The move solidifies Unum Limited's
leadership position in the group market, a strategic priority for
UnumProvident. The acquired business... |
| | | 12/06/02 | UnumProvident Responds to Moody's Ratings Decision|
CHATTANOOGA, Tenn., Dec. 6 /PRNewswire-FirstCall/ -- UnumProvident
Corporation (NYSE: UNM) responded today to the decision by Moody's Investors
Service to lower the Company's senior debt and financial strength rating to
Baa3 and A3, respectively. Since being placed under review in August of this
year, the Company has worked closely with the Moody's organization to provide
additional information on the Company's business and financial position. "We
believe that our results a... |
| | | 11/18/02 | UnumProvident Rebuffs Recent Media Allegations; Calls Attention to Facts|
CHATTANOOGA, Tenn., Nov. 18 /PRNewswire-FirstCall/ -- UnumProvident
Corporation (NYSE: UNM), the nation's largest disability insurance company,
has been the victim of recent negative publicity surrounding claims handling
practices. Behind the allegations are a handful of plaintiff's attorneys and
a few disgruntled former employees, all of whom have personal interests in
painting a negative view of the industry-leading company.
Among the allegations being leveled at... |
| | | 11/13/02 | UnumProvident Launches Integrated Disability Management Website With Interactive Tools for Employers|
New Site Helps Identify Corporate IDM Readiness, Estimates
The Cost of Lost Time
CHATTANOOGA, Tenn., Nov. 13 /PRNewswire-FirstCall/ -- UnumProvident
Corporation (NYSE: UNM), the leader in income protection and return-to-work
services*, introduced a new Web site illustrating the benefits of integrated
disability leave management (IDM).
The site, found at www.unumprovident.com/idm/ , is intended primarily for
benefits... |
| | | 11/06/02 | UnumProvident Corporation Reports Third Quarter of 2002 Earnings|
PORTLAND, Maine and CHATTANOOGA, Tenn., Nov. 6 /PRNewswire-FirstCall/ --
UnumProvident Corporation (NYSE: UNM) today reported after-tax operating
income before special items and net realized investment losses of
$155.0 million ($0.64 per diluted common share) for the third quarter of 2002.
These results compare to $148.6 million ($0.61 per diluted common share) for
the third quarter of 2001. Including the impact of the attacks on the United
States on September 11, ... |
| | | 11/04/02 | A.M. Best Assigns Ratings to UnumProvident's New Shelf Registration| OLDWICK, N.J., Nov 4, 2002 (BUSINESS WIRE) -- A.M. Best Co. has assigned
indicative ratings of "bbb+" senior debt, "bbb" subordinated debt and trust
preferred and "bbb-" preferred stock to securities, which may be issued under a
$1.5 billion shelf registration filed by UnumProvident Corporation (NYSE: UNM)
(Chattanooga, TN).
The outlook for all the ratings is stable.
UnumProvident filed the shelf registration to provide future flexibility for the
organization. In June 2002, UnumProv... |
| | | 11/01/02 | UnumProvident Corporation Files Shelf Registration Statement| CHATTANOOGA, Tenn., Nov 1, 2002 /PRNewswire-FirstCall via COMTEX/ --
UnumProvident Corporation (NYSE: UNM) announced today that it intends to file a
Form S-3 shelf registration statement with the Securities and Exchange
Commission. The shelf registration statement would allow for UnumProvident to
issue various types of securities, including common stock, preferred stock, debt
securities, depository shares, and warrants, from time to time, up to an
aggregate of $1.5 billion. Once filed and ... |
| | | 10/02/02 | |
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