Unum Long Term Care Rate Increase - Unum Results

Unum Long Term Care Rate Increase - complete Unum information covering long term care rate increase results and more - updated daily.


linksadss

inartadss

Type any keyword(s) to search all Unum news, documents, annual reports, videos, and social media posts

| 359 days ago
- an initial three-year period, beginning this year. A Unum spokeswoman declined to grant rate increases for MetLife, given the company's diversified business lines, said . Long-term care insurance covers - market overall is allowing MetLife Inc and Unum Group boost long-term care premiums, alleviating financial stress the - percent for U.S. Last April, the Pennsylvania Insurance Department approved rate increases of pocket. government insurance program for an additional -

Related Topics:

linksadss

| 359 days ago
- 30 percent for long-term care policies. Last April, the Pennsylvania Insurance Department approved rate increases of pocket. state regulators to $55, Insurance Commissioner David - covers expenses for the elderly and disabled, and can raise them by $5 to grant rate increases for a total of Florida increase and long-term care market overall is allowing MetLife Inc and Unum Group boost long-term care premiums, alleviating financial stress the insurers -

Related Topics:

inartadss

| 1 year ago
- they need long-term care. If you live in tears about the proposed rate hikes. With Unum's proposed - at some time in this policy (although not as greedy as Unum as people live in the first quarter of the nine states that Unum Group boosted its sales rise but only - pay their premium increase for changes to seniors? Only nine states have a long-term care insurance - be sent to an insurance lawyer who may evaluate your Unum claim at the same time the insurance provider proposes -

Related Topics:

mypalmbeachpost.com | 358 days ago
- . Seniors from $4 to $44 for MetLife and $5 to $55 for Unum, the Florida Office of Insurance Regulation on policyholders - they felt betrayed after that those increases have on implementation details and policyholder - said in rate hikes for long-term care and not seek additional increases - initial cost assumptions proved to approach rate needs in July's public hearing and - its original request, the average premium would increase from 75 percent to state officials. How consumers -

Related Topics:

mypalmbeachpost.com | 359 days ago
- increases against the impact that, “rates will continue to encourage other long term care - long-term care customers in the state, including about 1,500 in Palm Beach County. Unum - policyholder communications,” of plan options. Unum officials could not be seen. a company -, agreements allow average monthly premium increases ranging from 75 percent to be reached. Companies - its original request, the average premium would increase from $1,593 to $2,580, according to state officials -

Related Topics:

| 5 years ago
- Wall Street expectations of 75 cents per share with operating income of $208.6 million, an increase of $235.4 million for the day, down 14 cents per share. Nadel said . - of Americans living longer, more expensive lives. Despite the charge-offs, Fitch affirmed Unum Group's ratings outlook as a result of these long-term policies, a little over a $1 billion pre-tax," Nadel said Unum's decision to stop selling new long-term care group insurance policies, according to watch" as the -

Related Topics:

Page 62 out of 172 pages
- favorable persistency and higher sales of group long-term care, which measure the resolution - used in determining reserves is our expectation of the resolution rate we began a process of filing requests - emerge during 2012. The amortization of acquisition costs increased in 2010 relative to 2009 due primarily - in deferrable expenses associated with long-term care rate increases. Net investment income - result in a material impact on our reserve levels. 60 Unum 2011 Annual Report -

Related Topics:

Page 63 out of 172 pages
- 2013 due to lower premium income and an increase in expenses attributable to 2012. The other expense - by Northwind Holdings and a decrease in the floating rate of interest. Year Ended December 31, - LLC (Northwind Holdings) and a decrease in the floating rate of interest. We will likely experience volatility - commissions in 2014 as well as the issuance of group long-term care certificates on certain - premium income associated with long-term care rate increases. UNUM • 2014 ANNUAL -

Related Topics:

Page 63 out of 172 pages
- 2013 due primarily to higher claim incidence rates. Individual disability benefits experience for 2014 was - increase, as a result of our individual and group long-term care policies. Year Ended December - related to adjust our business plans accordingly. Unum 2015 Annual Report 61 Year Ended - ceding companies to support the block we are required to increased invested asset levels and higher - business was generally consistent with long-term care rate increases. Long-term care benefits -

Related Topics:

Page 64 out of 168 pages
- and can be relatively flat over the long term, but not limited to, interest - do so under loss recognition. 62 UNUM 2012 ANNUAL REPORT It is possible that variability - expect a small amount of new group long-term care business to continue to be offset - debt issued by claims experience related to the increase in determining reserves is affected by Northwind Holdings - in deferrable expenses associated with long-term care rate increases. The amortization of deferred acquisition -

Related Topics:

Page 64 out of 174 pages
We also expect a small amount of group long-term care certificates to continue to - our risks and attempt to a line of existing group policies. The negative impact on net investment - 31, 2013 Compared with long-term care rate increases. 62 / UNUM 2013 ANNUAL - years 2005 to reserves previously established under the terms of business. We believe that we intend to - investment returns, and persistency. It is affected by a lower rate of interest on our reserve levels, including -

Related Topics:

| 2 years ago
- . Rick has played a key leadership role at Unum since 2012 when he became CFO of - UNUM Unum Group ( unum.com ) is responsible for the block and improved Unum's long-term care rate increase effectiveness. Rick has - a member of the American Academy of Risk Management for shareholders. Unum's portfolio includes disability, life, accident and - industry leader that is well positioned to retire from manufacturing to the U.S. Unum is well positioned strategically and financially to -

Related Topics:

mypalmbeachpost.com | 1 year ago
- resident Bernard Haut is concerned about premium increases for long term care insurance. as much more - life insurer in Florida and one of an increase, policyholders can 't afford this week. read - paid in premiums, Mahaney said. Hearing on MetLife, Unum Place: Kovens Conference Center, Room -, MetLife and Unum, want to raise long-term care insurance rates, a request -, and MetLife is proposing an average premium increase from $1,593 to $2,580, the state's Office of Insurance -

Related Topics:

mypalmbeachpost.com | 1 year ago
- care insurance pays for as much as help with such an increase.” Since 2010, the cumulative average increase - “clearly demonstrates the rate increases are living on secure long-term care benefits after that - want to 114 percent. The average premium would increase from 75 percent to 114 percent under review - 95 percent in written remarks he prepared for Unum Group, told regulators at the hearing in South Florida on to care for such services, and more than -

Related Topics:

mypalmbeachpost.com | 1 year ago
because agents led them as people live longer. said Unum customer Allyn Segelman of rising costs as they want to comment? Long-term care insurance pays for as much as help with bathing, dressing, - them to believe that Met Life or the State of written comments have poured in written remarks he prepared for Unum Group, told regulators at home or, say they are living on secure long-term care benefits after that would impact senior citizens so hard,” often emotional -

Related Topics:

| 1 year ago
- -tax operating income was raising prices on insurance products, Unum executives added. In the U.S., it sells life, accident, disability - to $570.6 million compared to $2.63 billion in group long-term care and operating income generated from - . "2015 was for long-term care reserve increases, reported operating income of employees enroll, Unum said, - write off a very good year for the low interest rates. Fourth-quarter premium income from the Affordable Care Act hitting consumers, -

Related Topics:

| 274 days ago
- ICRs of impairments. "bbb" on subordinated -- Upgrades Credit Ratings of Unum Group and Its Core U.S. life/health insurance subsidiaries of - for its plans to the industry average. Although it is the exposure to distractions from an increase in the dental insurance market, a growing segment, with a stable outlook for Unum Insurance Company. Best - of its significant closed block of long-term care (LTC) policies, which is reflective of Unum's pricing discipline and its -

Related Topics:

| 274 days ago
- many years, but now will remain appropriate for Unum Insurance Company. Best has upgraded - pertinent disclosures, including details of the office responsible for Unum Group . workplace. In addition, there is the world's - industry average. This segment also continues to be a stable contributor to "a-" from an increase in 2017. "bbb" on -equity metrics. - rate environment, and its fixed-income portfolio and 100% of long-term care (LTC) policies, which is reflective of Unum. "bb+" -

Related Topics:

| 1 year ago
- agency retained the financial strength rating (FSR) of A (Excellent) and ICR of "a" of Unum Group ( UNM - Best stated - income deteriorates owing to Millions in the market. While Colonial Life has been benefitting from increasing costs of Unum U.S., Colonial Life & Accident Insurance Company - performing closed block of Unum Group. Also, with no material long-term care reserve charges. - Socks Again? We believe that strong ratings will help Unum Group retain investor confidence and -

Related Topics:

Page 23 out of 172 pages
Cash equivalents and marketable securities held at Unum Group and our other intermediate - established in 2011 were set at December 31, 2014. 2014 Long-term Care Reserve Increase Policy reserves for us, - and our revised expectation of future premium rate increase approvals. Our assumption update - rates, persistency, and premium rate increases. The earned book yield on our investment portfolio - credit spreads continue to -date and our on-going rate increase strategy. Our premium -

Related Topics:

Related Topics

Timeline

Related Searches