Prudential Current Rates, News & Information

Life Insurers Find New Way to Identify Risky Customers

Posted in AIG , Life Insurance , Prudential

December 7th, 2010
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Purchasing life insurance has never exactly been an easy process. Not only do you have to disclose a long list of personal information, but in many cases, you must also take part in a medical exam–something you don’t even have to do when purchasing health insurance.

The Life Insurance Retained Asset Account Investigation

Posted in Life Insurance , Life Insurance Companies , Met Life , Prudential

September 9th, 2010
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Beneficiaries Warned About Life Insurance Payouts

Posted in Life Insurance , Met Life , Prudential

August 16th, 2010
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On Sunday, the National Association of Insurance Commissioners issued a consumer alert about the industry practice of retaining life insurance funds. This alert follows a recent series of subpoenas from the New York State Attorney General to life insurance companies that he suspected were holding funds in retained-asset accounts to grow interest and make money rather than distributing life insurance policy funds to beneficiaries.

Today’s News: More Life Insurers Subpoenaed, Young Drivers Have Higher Crash Rates and 1 in 5 Californians Uninsured

Posted in Auto Insurance , Health Insurance , Life Insurance , Met Life , Prudential

August 16th, 2010
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Consumers May Mistakenly Believe Life Insurance Accounts Are FDIC-Insured

Posted in Life Insurance , Met Life , Prudential

August 13th, 2010
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The Federal Deposit Insurance Corporation (FDIC) recently revealed concerns that consumers may mistakenly believe their life insurance accounts are FDIC-insured. This concern came in the wake of recent media reports that the life insurance industry may be holding onto money due to beneficiaries rather than issuing them lump sum checks because the interest rates they earn are higher.

Today’s News: Abortion Bill Vetoed in Oklahoma, Oil Spill Spurs Home Insurance Concerns and AIG Refuses Unit Buyout Offer

Posted in AIG , Health Insurance , Home Insurance , Life Insurance , Life Insurance Companies , Prudential

July 9th, 2010
1 Comment

Oklahoma’s governor has vetoed a bill recently passed in the state that would restrict abortion options under health insurance. In other insurance news, some reports have found that the oil spill in the Gulf could have a negative effect on home insurance policies and major life insurance company, AIG, has refused a buyout offer from Prudential, PLC.

Another Blow to NJ Insurance Rates

Posted in Health Insurance , Prudential

September 27th, 2009
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New Jersey is a state known for having the highest insurance rates in the nation, specifically when it comes to auto coverage. Unfortunately, a move to balance the state’s budget may mean they have the highest health insurance rates as well. Local legislature is considering tax hikes on certain insurance premiums that will ultimately leave more of the state’s residents without affordable health care options.

Prudential UK Selling Taiwanese Agency

Posted in Prudential

July 16th, 2009
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Prudential has gotten the regulatory approval necessary to sell itsTaiwanese agency business. Due to current state of international financial affairs, Prudential has needed to take strong measures to get more capital.This offloading is a direct move by UK Prudential and should not really have any impact on the Prudential insurance rates Americans are currently paying.

Harvard Physicians Claim Insurers Profiting from Tobacco

Posted in Prudential

July 11th, 2009
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It turns out that the very life insurance companies that charge an arm and a leg to customers for smoking have a vested interest in tobacco companies. Some Harvard physicians unearthed proof that major insurers, both in the United States and overseas,own billions of dollars in tobacco-industry stocks. Just when we thought we knew who we were handing our money over to – and essentially being judged by.

The Prudential Insurance Company History

Posted in Prudential

June 23rd, 2009
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Since 1873, the Prudential Insurance Company has been providing insurance coverage to those in need. The company was first incorporated at that time as the “Widows and Orphans Friendly Society,” however after two years timeJohn F. Dryden, the founder of the entire organization swapped the name to “The Prudential Friendly Society.” In 1877, the name officially becameThe Prudential Insurance Company of America and has stuck ever since.