Featured Article

Navigation

 

Corporate America Scandals Denies Rightful Benefits

 

 

 

In yet anther scandal by corporate America, the largest disability insurance carrier in the United States is accused of purposefully denying rightful benefits to policyholders in order to increase corporate profits.

UnumProvident was fined $1 million in March by insurance regulators in Georgia. “They were systematically looking for any possible shred of data or excuse to deny a policy,” said the Georgia State Insurance Commissioner.

New York State Attorney General Elliot Spitzer brought a lawsuit against UnumProvident in November 2004, resulting in a $15 million fine. "These claim denials involved vulnerable workers – those whose illnesses and injuries prevented them from continuing their employment,” said Mr. Spitzer. "This settlement sends a strong message to disability insurance companies that improper denials of disability claims will not be tolerated".

In April 2003, a federal jury in Arizona awarded $84.5 million to an injured policyholder after finding that UnumProvident and MetLife, Inc acted in bad faith in their handling of the claim.

These prior cases show that, with proper legal council, every American has the ability to fight and win against corporate greed. If you or someone you know has been wrongfully denied a disability insurance claim, http://www.jacobyandmeyers.com/bad_unum.htm>contact the Jacoby & Meyers Law Offices at 1-888-522-6291 for a free consultation.

UnumProvident is affiliated with the following subsidiaries:
-First Unum Life Insurance Company (NY only)
-Provident Life and Accident Insurance Company
-Provident Life and Casualty Co.
-Provident Life and Casualty Insurance Company (NY only)
-The Paul Revere Life Insurance Company
-Unum Life Insurance Company of America

About the Author

http://www.jacobyandmeyers.com/bad_unum.htm>Jacoby & Meyers believes when someone pays their insurance premiums in good faith they should receive the same honest, responsible treatment from the insurance company in return.

Written by: Everett Sizemore

 

  

Google
 
Web www.carinsurance.infoandarticles.com

Home

 

 

 

List of Articles

 

 

Recent Articles


Everyone Wants The Cheapest Automobile Insurance Quote
When you are looking for an automobile insurance quote, the first thing you usually do is pick up the phone and start calling the various insurance companies in your local area. Then you have to wait for them to call you back with a quote, which...

Motorcycle insurance coverage tips.
Motorcycle insurance coverage tips. Motorcycle insurance is extremely important. Its not only a good coverage should anything happen it s a good investment. For the best insurance for your motorcycle always enquire about insurance before you buy...

Understanding All Auto Insurance Claims
If you are involved in an accident it is important that you know the proper procedure for filing an insurance claim. You will most likely need to deal with one or more adjusters who will determine the insurance salvage. Follow these simple tips to...

 

 

 


carinsurance.infoandarticles.com   |   This is a Personal & Business Success site  |   Car Insurance Books