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By Arthur D. Postal , Elizabeth Festa |
February 2, 2012
Prudential agrees to a wide-ranging list of requirements as part of a nationwide settlement related to its unclaimed property issues.
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By Elizabeth Festa |
February 2, 2012
The Obama administration clears a path for ample annuity use in 401(K) plans, but makes sure plans will have expanded disclosures to protect investors and make fiduciary standards easier to meet.
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By Arthur D. Postal |
February 1, 2012
State efforts to collect on unclaimed property held by insurers has mushroomed into private action lawsuits filed in Illinois, Ohio and New York against Prudential and MetLife.
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By Michael K. Stanley |
January 31, 2012
Prudential's retirement business unit, which specializes in delivering retirement plan solutions for public, private and non-profit organizations, has announced three new plan sponsor clients.
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By Elizabeth Festa |
January 26, 2012
While the industry presses forward with selling contingent deferred annuities, regulators wonder if the products would or should be open to guaranty fund coverage if they were to implode.
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By Allison Bell |
January 24, 2012
He helped turn Anthem Inc. into WellPoint Inc. Now he's into home care support services.
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By Elizabeth D. Festa |
January 19, 2012
Usually regulatory allies, MetLife and Prudential find themselves at odds over whether contingent deferred annuities should be formally classified as annuities or as financial guaranty insurance.
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By Elizabeth Festa |
December 21, 2011
Prudential says that state regulators and the NAIC should support the FIO's lead role at the G-20, and FSB.
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By Warren S. Hersch |
December 9, 2011
Symetra Financial attributes its earnings guidiance to "sustained strength in the company’s balance sheet and core businesses, including medical stop-loss insurance and fixed annuities."
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By Michael K. Stanley |
December 5, 2011
PMCC is providing $160 million to a co-investment venture in violence-wracked Mexico managed by Progolis L.P., an operator and developer of industrial real estate.