Unum second on list of the worst American insurance companies
The American Association for Justice (AAJ) recently ranked Unum number two in its published list of Ten Worst Insurance Companies in America. The report opens with an overview of the insurance industry’s staggering assets and wealth, which amount to just under $4 trillion – higher than the gross domestic product of every country in the world except for the U.S. and Japan. But despite the riches, despite the $1 trillion in annual premiums, and despite enormous profit margins, many insurance companies continue to employ “Deny, Delay, Defend” strategies in dealing with their policyholders.