Phase in additional statutory reserves for long-term care
Delivered by the deadline
AI-confirmed · human review in progress Independent AI checks agreed on primary SEC or regulator evidence. Records are now being reviewed by hand, starting with those our customers order.
- Announced
- 4 May 2020
- Due
- 31 Dec 2020
- Delivered
- December 2020
- Deadline
- Met
- Late
- Not met
- Today
What the company said
“Unum America will phase in the additional statutory reserves over seven years beginning with year-end 2020 and ending with year-end 2026.”
What we found
Evidence strength A What the grades mean
The 10-K filed 2021-02-17 reports that the 2020 phase-in amount of about $229 million was funded from operating cash flows, consistent with the year-end 2020 start.
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A Unum 10-K filed 2021-02-17
“The 2020 phase-in amount was approximately $229 million and was funded using cash flows from operations.” ✓ confirmed on the page
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A Unum 10-K filed 2021-02-17
“The MBOI granted permission to Unum America on May 1, 2020, to phase in the additional statutory reserves over seven years beginning with year-end 2020 and ending with year-end 2026.” ✓ confirmed on the page
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A Unum 10-Q filed 2021-05-06
“The 2020 phase-in amount was $229 million and was funded using cash flows from operations.” ✓ confirmed on the page
Market reaction: the shares moved +0.8% against the S&P 500 over the three sessions around the disclosure (16 Feb 2021 to 19 Feb 2021). What this measures
Checked 21 Oct 2026.
Commitment DNA
The structured record of this commitment. Fields the company did not state are left blank rather than guessed.
- Event type
- Regulatory other
- Indicative materiality
- Medium rules
- Action
- Phase
- Deliverable
- additional statutory reserves
- Where
- Maine
- Language
- Firm (“will”, “on track to”)
- In the company’s control
- High
- Specificity
- High
- Depends on
- Regulatory
How this entry was checked
- Commitment recordedThe company's words were matched word for word against the filing.
- First checkAn AI model, Claude (Anthropic), read the company's later filings and recorded the outcome with a quoted passage.
- Second check: agreesA different AI model, Gemini (Google), re-read the evidence without being told the outcome and reached the same answer.
Confirmed. This outcome counts towards the company's Kept Score. How verification works
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Report an error in this entry Reference: KI-C-2020-UNM-019664 · Corrections policy