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By Arthur D. Postal |
October 19, 2012
Prudential Financial on Thursday advanced to the final stage of the government’s process for designation as a non-bank systemically important institution, according to several sources.
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By Arthur D. Postal |
August 20, 2012
The Hartford is reportedly looking to sell its life insurance assets to Prudential, though the deal would not conclude this month.
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By Arthur D. Postal, Elizabeth Festa |
June 1, 2012
Insurance companies that own or operate a savings & loan will face fresh oversight from the Federal Reserve Board, which is creating a process by which to examine those financial institutions that have significant banking assets.
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By Elizabeth Festa, Arthur D. Postal |
May 2, 2012
Insurance companies that own or operate a savings & loan will face fresh oversight from the Federal Reserve Board, which is creating a process by which to examine those financial institutions that have significant banking assets.
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By Arthur D. Postal |
February 24, 2012
New York State has become the first state to require life insurers to pay beneficiaries of life insurance claims immediately, effectively prohibiting the use of retained asset accounts.
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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 Arthur D. Postal |
February 1, 2012
Prudential Insurance Company has reached a settlement with 19 states over its unclaimed property practices, and it is negotiating a similar agreement with other states in which it does business.
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By Arthur D. Postal |
January 16, 2012
A chapter of the unclaimed property saga seems to have come to a close for Prudential who recently reached a settlement with 19 states.