StanCorp Financial Group, Inc., through its subsidiaries Standard Insurance Company and The Standard Life Insurance Company of New York, is a major provider of employee benefits products and services. It has nearly 34,000 group insurance policies in place covering more than 5.2 million employees.
In the first day of trading since the attack, StanCorp shares fell 10% early, falling as much as $4.25 below its previous close of $45.20 before beginning to rebound. In noontime trading, shares stood at $44.50, off $0.70 on double average volume.
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