Fitch Affirms Unum Group's Ratings; Outlook Stable
Fitch Ratings has affirmed Unum Group Inc.'s holding company ratings, including the senior debt rating at 'BBB', as well as the Insurer Financial Strength ratings of all domestic operating subsidiaries at 'A'.
Unum Group Reports Fourth Quarter 2011 Results
CHATTANOOGA, Tenn.--(BUSINESS WIRE)--Unum reported a net loss of $425.4 million for 4Q11, due largely to charges following its decision to discontinue sales of group long term care and a reserve charge for ind. disability closed block.
Long-term-care insurance is more expensive than it’s worth for some people
1 Determine if you qualify financially Don’t buy if the out-of-pocket cost for the coverage would be more than you can afford. Consumer Reports advises people that if their net worth, excluding their home, is below $300,000, long-term-care insurance is not a good buy for them. The National Association of Insurance Commissioners also recommends that consumers spend no more than 5 percent of their ...
Fitch Affirms Thrivent Financial for Lutherans' IFS Rating at 'AA'; Outlook Stable
Fitch Ratings has affirmed the ratings of Thrivent Financial for Lutherans and its subsidiary, Thrivent Life Insurance Company , collectively referred to as Thrivent hereafter.
StanCorp Beats, Guides 2012
StanCorp's fourth quarter and fiscal 2011 top and bottom line surpassed the Zacks Consensus Estimates.