Monthly Archives: October 2005

California Enters Regulatory Settlement Agreement with Unum

The state of California issued an $8 million fine to Unum (then Unum Provident Corp.), the nation’s largest disability insurer.  California fined Unum after state insurance regulators reported it had unlawfully mishandled and denied disability insurance claims in nearly one-third … Continue reading

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California Department of Insurance Fines Unum $8 Million, Labels It an “Outlaw” Company

Last year when the insurance commissioners of all but 2 of the 50 states agreed to a $15 million multi-state settlement against Unum, California Insurance Commissioner John Garamendi rejected the settlement because he believed that it did not go far … Continue reading

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