Long term disability claims for complicated pregnancies have decreased nearly 50 percent over the last decade in the U.S., according to data from Unum (NYSE: UNM), a leading provider of disability benefits.
Unum Group (NYSE: UNM) today reported net income of $229.9 million ($1.00 per diluted common share) for the first quarter of 2017, compared to net income of $210.6 million ($0.88 per diluted common share) for the first quarter of 2016.
Effective April 14, 2017, the Unum Group (NYSE:UNM) Board of Directors declared a quarterly dividend of $0.20 per share on its common stock to be paid on May 19, 2017, to stockholders of record on April 28, 2017.
Leading benefits provider Unum (NYSE:UNM) is entering a new market with the launch of Unum Stop Loss. “Entry into this market broadens the scope of financial protection Unum provides and increases the value we bring to employers,” said Rich Williams, senior vice president and general manager of Unum’s new Stop Loss business.
Members of Unum Group senior management will host a conference call on Thursday, April 27, at 9 a.m. Eastern to discuss the results of operations for the first quarter. Topics may include forward-looking information, such as guidance on future results or trends in operations, as well as other material information.
Unum (NYSE: UNM) and its employees in the U.S., U.K. and Ireland contributed more than $12.4 million and volunteered more than 87,000 volunteer hours to charitable organizations in 2016.
Unum (NYSE:UNM) has promoted William Bagley to senior vice president and chief supply officer; Matthew Monaghan to senior vice president of Corporate and Regulatory and general counsel of the Closed Block; Cherie Pashley to senior vice president of Tax and Treasury; Richard Shaffer to senior vice president of Growth Markets and the Enrollment Center; and Danny Waxenberg to senior vice president and chief accounting officer.
An industry leader in employee benefits, Unum (NYSE: UNM) has increased its dental provider network by nearly 15 percent to 100,000 unique in-network providers and more than 323,000 access points nationwide. The expansion was spearheaded by Unum’s dental center of expertise, Starmount, a top provider and administrator of dental and vision insurance coverage for groups and individuals.
Unum (NYSE:UNM) and MaineHealth have formed ground-breaking partnerships with Venture Hall, an innovation center in Portland, Maine, to attract entrepreneurs and innovators from across the country to create new solutions for the health care industry.
Unum Group (NYSE: UNM) today reported net income of $248.0 million ($1.07 per diluted common share) for the fourth quarter of 2016, compared to net income of $226.1 million ($0.93 per diluted common share) for the fourth quarter of 2015.