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Derick Gosman
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29 followers
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Unum Stock Hits New Lows
Due to poor profit margins and deteriorating net income, shares of Unum's stock have dropped to their lowest price ever.  The only way for them to raise their profit margins is to deny more claims!  make sure you're protected when filing your disability insurance claim.
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More deregulation from an industry that is known for its regulatory issues already, and has a proven track record of putting profits above customers.
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Premiums and claim denials are on the rise! These companies just get more and more greedy.....
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Interesting - Swiss Re increased its investigation and operating expenses in its own closed blocks of insurance, causing income to plummet. Guess we have job security from their attempts to reduce or eliminate disability claims.
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The Business of Disability Insurance

Numbers like these are some of the reasons it is so hard to get insurance companies to approve claims in today's climate. The bottom-line philosophy of these publicly traded companies is not going away anytime soon.
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