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 ...

A federal investigation found that Prudential Insurance Co. improperly denied more than 200 claims made on its group life insurance policies from 2017 to 2020, the Department of Labor announced today.

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 ...

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 ...