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11/19/2004:
UnumProvident Settles Lawsuits for $127 Million: Will Reassess Claims of Those Denied Benefits
Excerpt: UnumProvident Corporation ... announced that it has reached a 'multistate' settlement of a number of lawsuits and regulator claims - with the total cost to the Chattanooga-based firm put at $127 million. .... A number of lawsuits had been filed by holders of disability policies who claimed they had been unfairly cut off from benefits they were entitled to. .... 'For full examination report and regulatory settlement agreement, please visit www.unumprovident.com/commitment.
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