We care about Aflac’s policyholders affected by recent weather:
To help provide relief for Indiana policyholders residing in Delaware, Jefferson, and Randolph counties affected by the recent tornadoes, Aflac will provide a premium grace period starting March 13, 2024, and ending May 13, 2024. This grace period also provides an extension of filing deadlines for claims and leniency for any other action required under the policy. Aflac will provide a replacement copy of the policy upon request by the policyholder.
We care about Aflac’s policyholders affected by recent weather:
To help provide relief for California policyholders residing in Alameda, Butte, Glenn, Lake, Mendocino, Monterey, Sacramento, San Francisco, Santa Cruz, Sonoma, and Sutter Counties affected by the winter storms, Aflac will provide a premium grace period starting Feb. 3, 2024, and ending May 21, 2024. This grace period also provides an extension of filing deadlines for claims and leniency for any other action required under the policy. Aflac will provide a replacement copy of the policy upon request by the policyholder.
On Feb. 21, 2024, the cyber event reported by Change Healthcare, a company that assists healthcare providers with claims submissions and payments, has created a significant impact to health care providers, including hospitals, individual practitioners, practice groups, diagnostic centers, laboratories, and pharmacies. We have determined Aflac’s primary operations are not impacted. Further, Aflac and its subsidiaries do not have any direct connection to Change Healthcare systems in any of Aflac’s systems or applications. At this time, we are not aware of any impact to customer data but we are monitoring for any communications from our critical third-party suppliers. While Change Healthcare’s cyber event was not directed at Aflac, we will provide flexibility with claims submissions related to this incident should it be needed. If you believe you have a claim impacted by Change Healthcare’s event, please contact Aflac at 800-992-3522.
We care about Aflac’s policyholders affected by recent weather:
To help provide relief for California policyholders residing in Los Angeles, Orange, Riverside, San Bernardino, San Diego, San Luis Obispo, Santa Barbara, and Ventura Counties affected by the winter storms, Aflac will provide a premium grace period starting Feb. 3, 2024, and ending May 21, 2024. This grace period also provides an extension of filing deadlines for claims and leniency for any other action required under the policy. Aflac will provide a replacement copy of the policy upon request by the policyholder.
Aflac Incorporated today announced that the board of directors has approved a resolution giving shareholders a non-binding vote on executive compensation.
The board of directors set 2009 as the effective date because it will be the first year that executive compensation tables in the proxy statement will contain three years of data that reflect the Securities and Exchange Commission's new disclosure rules.
"Our shareholders, as owners of the company, have the right to know how executive compensation works," said Aflac Chairman and CEO Dan Amos. "The board's action is in keeping with Aflac's longstanding pay-for-performance compensation policy and our commitment to transparency at all levels.
"Our goal at Aflac has always been to be responsive to our shareholders. By generating strong earnings growth and consistently increasing cash dividends, we have provided shareholders with an excellent return on their investment over the long term. We have also followed best practices in corporate governance and maintained a positive brand and image for our company. We believe that providing an opportunity for an advisory vote on our compensation report is a helpful avenue for our shareholders to provide feedback on our pay-for-performance compensation philosophy and pay package."
Since Mr. Amos became chief executive officer in August 1990, Aflac's total return to shareholders, including reinvested cash dividends, has exceeded 2,770%, compared with 598% for the Dow Jones Industrial Average and 515% for the S&P 500. During the same period, the company's market value has grown from $1.2 billion to $22.7 billion. Total revenues have grown from $2.7 billion in 1990 to $14.6 billion in 2006.
For more than 50 years, Aflac products have given policyholders the opportunity to direct cash where it is needed most when a life-interrupting medical event causes financial challenges. Aflac is the number one provider of guaranteed-renewable insurance in the United States and the number one insurance company in terms of individual insurance policies in force in Japan. Our insurance products provide protection to more than 40 million people worldwide. Aflac has been included in Fortune magazine's listing of America's Most Admired Companies for six consecutive years and in Fortune magazine's list of the 100 Best Companies to Work For in America for nine consecutive years. Aflac has also been recognized three times by both Fortune magazine's listing of the Top 50 Employers for Minorities and Working Mother magazine's listing of the 100 Best Companies for Working Mothers. Aflac Incorporated is a Fortune 500 company listed on the New York Stock Exchange under the symbol AFL. To find out more about Aflac, visit aflac.com.
(Logo: http://www.newscom.com/cgi-bin/prnh/20041202/CLTH019LOGO ) Analyst and investor contact - Kenneth S. Janke Jr., 800.235.2667 - option 3, FAX: 706.324.6330, orkjanke@aflac.com Media contact - Laura Kane, 706.596.3493, FAX: 706.320.2288, orlkane@aflac.com
First Call Analyst:
FCMN Contact: bbarfield@aflac.com
SOURCE: Aflac
CONTACT: For Analysts and Investors, Kenneth S. Janke Jr.,
+1-800-235-2667 - option 3, +1-706-324-6330 (fax), or
Media, Laura Kane, +1-706-596-3493, or +1-706-320-2288 (fax), or
Web site: http://www.aflac.com/
