Unum received one of six awards presented in the Association's Eastern States region, which includes 14 states from Maine to Virginia and the District of Columbia.
Maine companies scored high in the Corporate Equality Index’s annual review of LGBTQ+ policies, with Hannaford Supermarkets again receiving a perfect score.
The disability insurer, once headquartered in Maine and still employing over 2,000 people in the state, has authorized the repurchase through next year.
The company measures performance by segment.
The Unum U.S. segment reported adjusted operating income of $115.7 million in the first quarter of 2021, a decrease of 55.8% from $261.8 million in the first quarter of 2020.
The Unum International segment reported adjusted operating income of $26.4 million in the first quarter of 2021, an increase of 36.1% from $19.4 million in the first quarter of 2020.
The Colonial life segment reported a 9.6% decrease in adjusted operating income to $73.3 million in the first quarter of 2021, compared to $81.1 million in the first quarter of 2020.
The closed block segment reported adjusted operating income of $97 million in the first quarter of 2021, which excludes the impacts from the second phase of the closed block individual disability reinsurance transaction of $139.3 million and the amortization of cost of reinsurance related to the closed block individual disability reinsurance transaction of $20 million, compared to $29.7 mill