UnumProvident Counters Recent Negative Press

UnumProvident Corporation (NYSE: UNM), the nation's largest disability insurance company, has been the victim of recent negative publicity surrounding claims handling practices. Behind the allegations are a handful of plaintiff's attorneys and a few disgruntled former employees, all of whom have personal interests in painting a negative view of the industry-leading company. Among the allegations being leveled at the company are accusations that there are "targets," "quotas" or financial incentives set to close valid claims. "Nothing could be further from the truth," said Tom Wat...