Insurance


UnumProvident"...largest disability insurance company in the world... get about 120,000 claims a year...

"... insurance regulation is very weak... The industry took care of that 60 years ago when it pushed through Congress the McCarran-Ferguson Act, wihch outlawed federal regulation of insurance. State regulation of insurance ranges from spotty to non-existent...

"Knowing all this, [Unum] decided to deny 2,000 legitimate claims a year. This brings [them] an additional $1 billion a year in profits...

"Ray Bourhis [says] UnumProvident, the nation's largest disability insurance company,... operates its business in bad faith...

"[Ray] Bourhis... his new book, Insult to Injury: Insurance Fraud and the Big Business of Bad Faith" (Russell Mokhiber and Robert Weissman. "Bad Faith." Progressive Populist, July 15, 2005: 11).


Colby Glass, MLIS