Los Angeles, California (ContentDesk) October 17, 2005 — With news of UnumProvidents multi-million dollar lawsuit settlements, consumers turn to LawyersandSettlements.com for free case evaluations from U.S. lawyers specializing in Insurance Law. Consumers who may qualify for legal assistance include those with denied claims on disability insurance policies provided by or administered by Unum Life Insurance Company of America, The Paul Revere Life Insurance Company, and Provident Life and Accident Insurance Company.In 2003, UnumProvident was under investigation from the U.S.
Labor (DOL) due to allegations of unfair business practices involving wrongfully denying disability claims and violations of the Employee Retirement Income Security Act (ERISA).After formal investigations, Unum settled a lawsuit for $15 million which involved 48 states accusing the insurance provider of unfair claims settlement practices. In the settlement process, Unum agrees to reassess over 200,000 previously denied claims from as far back as 1997, whether or not the claimant is still disabled.
State of California did not participate in the 2004 class action lawsuit and brought the case further by alleging that the corporation supported 25 unlawful business practices. Backed by Californias strong consumer-rights laws, the states Department of Insurance recently won the precedent setting case which included an $8 million dollar fine and major modifications to Unums claims handling practices.
Pages: 1 2


Responses to 'UnumProvident Insurance Opens the Door to Reassess over 200,000 Previously Denied Disability Claims'