Beasley, Allen, Crow, Methvin, Portis & Miles, P.C.

Remember the $165 million in bonuses that American International Group (AIG) awarded to its executives after accepting more than $170 billion in federal bailout money? Those bonuses, which have become a symbol of corporate greed and self-indulgence in the eyes of many Americans, were approved by former Unum CEO James F. Orr. Orr is now an AIG director and serves as chairman of its “executive compensation committee.”

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Barron’s ran an article this month that claimed the disability insurer Unum “may be casting its numbers in an overly rosy light” in an effort to appear profitable and attract investors. The article, which can be read here, casts doubt about Unum’s reported health: “To hear company officials tell it, Unum Group is emphatically on the mend, this after the disability insurer was wracked by scandal and losses earlier in the decade.”

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