Insurance Industry Giants - Metlife Building New York

Will insurance industry giants continue to be “too big to fail”?

A new memo is currently circulating to propose legislation removing that status from massive insurers. Representative Jeb Hensarling (R-Texas) is circulating a memo to remove…

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Life insurance policies that went unpaid in Minnesota lead to another settlement

Prudential has agreed to pay a penalty of $14 million to compensate for the payments it did not make. Following a Department of Commerce review…

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Insurance news from Prudential reveals new $590 million deal

This Asian acquisition may put added pressure on its competitor, AIA Group. Insurance news from the Asia Pacific region has shown that Prudential PLC has…

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Life insurance branch of Hartford now acquired by Prudential

The purchase was made for a reported $615 million in cash. Prudential Financial Inc. has announced that it has purchased the Hartford Financial Services Group…

Prudential Insurance reaches settlement with Insurance Departments in seven states

Seven states have announced that they have reached a settlement with Prudential Insurance Company of America as well as a number of its affiliate companies.…

New long term care benefit available to Prudential customers

Prudential Insurance has announced that its long term care coverage products will now include a benefit that offers a program providing personalized, high quality guidance…

California life insurer’s under investigation

Ten of California’s largest life insurance companies have come under investigation by state regulators for their handling of dormant policies. The ten are the latest…