Prudential Insaurance Co. Of America

Prudential Financial Inc.'s decision to cut off contributions into a slate of older variable annuities with attractive benefits has raised the ire of financial advisers, this time because they were given so little time to add money to the contracts.

Bows out of group LTC insurance; halted sales of individual coverage in March

So your clients think they are going to work longer and retire later? Maybe not.

Apparently, as Ford Motor goes, so goes GM.General Motors Co. on Friday announced plans to cut its pension obligation by $26 billion by offering lump-sum payments to about 42,000 white-collar retirees. The nation's largest automaker is also shifting the balance of its plan to Prudential Insurance

Prudential will stop selling long-term care policies citing 'challenging economics.'

Prudential Financial Will pay $17 million to settle with seven states; regulators claim insurer used more comprehensive database for cutting off annuity payments than one used to locate those owed money.

Illinois lawsuit alleges MetLife and Prudential owe some $524M in unclaimed death benefits

Agreement requires insurer to step up cross referencing to locate unpaid beneficiaries

Although analysts are trimming third-quarter-earnings estimates for many life insurers, most remain upbeat about the long-term prospects for the sector

The recent bout of stock market volatility is putting a new variable annuity investment strategy to the test. So-called tactical-asset-allocation programs, which aim to limit volatility by moving in and out of fixed income as the stock market fluctuates, are a fairly new development in the world of

State regulators are intensifying a probe into unpaid benefits after Florida Insurance Commissioner Kevin McCarty said in May that insurers may be keeping at least $1 billion in unclaimed funds.