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Unum Life Insurance filed an interpleader action on Jan. 22 in Texas Eastern District Court seeking judicial determination regarding the distribution of $110,000 in death benefits following competing ...

OLDWICK, N.J.--(BUSINESS WIRE)-- AM Best has revised the outlooks to stable from negative and affirmed the Financial Strength Rating (FSR) of A (Excellent) and the Long-Term Issuer Credit Ratings ...

OLDWICK, N.J.--(BUSINESS WIRE)-- AM Best has affirmed the Financial Strength Rating (FSR) of A (Excellent) and the Long-Term Issuer Credit Ratings (Long-Term ICR) of “a+” (Excellent) for the members ...

On apparent hope that “cooling inflation” may mean lower interest rates and sooner rather than later, these life insurance stocks last week rocketed to new 2023 highs. They were clearly outperforming ...

Unum has launched a group life master trust for the workplace which it hopes will allow Britain's employers to close the protection gap. Called the Excepted Group Life Policy master trust, the benefit ...

On August 3, 2023, Unum Group’s subsidiary Starmount Life Insurance Company, Inc. (”Starmount”) posted a notice of data breach on its website after discovering that the company’s MOVEit server was ...

Unum Life Insurance was hit with an ERISA benefits lawsuit on March 19 in California Northern District Court over the denial of long-term disability and life insurance claims. The action, brought by ...