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 ...

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 ...