Provident Companies, Inc. and UNUM Corporation

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In the Matter of Provident Companies, Inc. and UNUM Corporation
FTC Matter/File Number:

9910101

Docket Number:

C-3894

Enforcement Type:

Part 2 Consents

Case Summary

The consent order ensures that the merged firm of Provident and UNUM Corporation will continue to participate in industry-wide solicitations for data to make actuarial predictions on probable future claims by applicants who hold policies with providers of individual disability insurance. The order requires Provident-to provide data to the Society of Actuaries and/or the National Association of Insurance Commissioners for studies and reports