Frankel & Newfield, P.C.

We Have Recovered Over $100 Million In Claims For Our Clients

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WE DO NOT HANDLE SOCIAL SECURITY DISABILITY CLAIMS

May 2014 Archives

UNUM Focus on Interest Rates Impacts Claimants

The longer the current low interest rate environment continues, the harder the pinch that long term disability insurance companies are feeling. It's all relative, but our concern is the impact that it has on claimants. Unum Group executives recently held a conference call with securities analysts to review first quarter earnings for 2014. The massive insurance company's group disability unit produced $69 million in operating income, on $675 million in premium revenue, compared with $78 million in operating income on $693 in premium revenue for the first quarter in 2013.

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Frankel & Newfield, P.C.
585 Stewart Avenue
Suite 312
Garden City, NY 11530

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