NEW YORKNEW YORK — Prudential Financial illegally denied more than 200 life insurance claims despite collecting premiums from plan participants, the Department of Labor said Wednesday, the latest case ...
Prudential for years has collected life insurance premiums from customers and later denied claims on the basis that they were ineligible for coverage, according to a settlement the insurer recently ...
In a settlement with the U.S. Department of Labor, the financial giant agrees to revise its claims-handling practices. by Christopher Hazlehurst, J.D. If insurance companies act unreasonably and ...
The U.S. Department of Labor today announced a settlement with the Prudential Insurance Company of America-- a subsidiary of Prudential Financial Inc.-- that will require the financial giant to revise ...
However, this trend contrasts with PSUs, where LIC’s insured base grows and claims return to pre-pandemic levels ...
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FILE - In this file photo taken Aug. 2, 2005, a Prudential Financial sign on the marquis direct customers to the company inside an office building in Salt Lake City. Prudential Financial illegally ...
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