Unum Group Settlement
Unum Group reached a settlement with 40 states after a flurry of lawsuits accused the disability insurance provider of unfairly denying claims. A California jury awarded a $7.67 million verdict to one of the victims, a single mother of two who lost her home and went on welfare after losing her benefits. In upholding the jury verdict, a federal judge ruled the company had used biased medical examiners and destroyed medical reports in its efforts to deny or cut off checks. A federal judge in Maryland said in a separate case that the company's behavior "bordered on fraud."
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