divine spark Posted November 19, 2004 Report Share Posted November 19, 2004 I received the following information in a Co-Cure e-mail today regarding the handling of LTD claims by UnumProvident:The New York State Insurance Department today reached a settlement with UnumProvident. UnumProvident has agreed to a fine of $15,000,000, probably the largest fine levied against an insurance company in history.ALL claims denied by UnumProvident since 1997 will be REASSESSED--more than 200,000 claims. The UnumProvident claims process will be monitored for two years. UnumProvident must give weight to Social Security findings.Rules for handling future claims will be adopted.Yea for our side! Patti Quote Link to comment Share on other sites More sharing options...
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