Prudential Insaurance Co. Of America

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  1. Articles

    Advisers and analysts scramble to make sense of a wild market ride

    As the dust began to settle Friday on a wild week for stocks, financial advisers and market analysts scrambled to make sense of it all.Despite a two-day run in which the Dow Jones Industrial Average gained nearly 700 points, the blue chip benchmark is essentially where it was the day after

  2. Articles

    Worker suit over Verizon retirement plan handoff now a class action

    A federal judge last week granted class status to a suit filed by a pair of former Verizon Communications Inc. workers against their employer after the telecom giant transferred pension obligations to Prudential Financial Inc. Chief Judge Sidney A. Fitzwater of the U.S. District Court for the

  1. Articles

    Pru retail brokerage settles charges over mutual fund pricing

    Unit to pay nearly $11M to close Finra action; B-D platform allegedly failed to place orders in a timely fashion

  2. Articles

    'Slap' to reps as Jackson National cuts VA features on short notice

    Reps are none too thrilled with Jackson National's cuts to some VA features, particularly since the carrier offered only a few days' notice before the changes take effect. Said one harried adviser: "It's offensive."

  3. Articles

    Advisers irked as Pru locks vintage VAs

    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.

  4. Articles

    Pru pulls plug on another long-term-care product

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

  5. Articles

    A shift to retirement readiness occurring in 401(k) plans

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

  6. Articles

    GM follows in Ford's tracks, offers lump sum to retirees

    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

  7. Articles

    Prudential to bail on sales of individual long-term care

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

  8. Articles

    Pru will pay $17M to settle with seven states over death benefits

    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.

  9. Articles

    Analysts wave off $1.57B death benefit suit against Met, Pru

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

  10. Articles

    Prudential settles with 20 states over unclaimed death benefits

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

  11. Articles

    Analysts reduce earnings outlook for life insurers

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

  12. Articles

    Insurers using nimble approach to shield VA holders' assets

    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

  13. Articles

    MetLife says 30 jurisdictions are auditing unpaid benefits

    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.