Search Results for: blog prudential settle with states over death benefit issue

Insurance Blog Week in Review – January 29 – February 5, 2012

Every week, the Insurance Blog will have anywhere from twelve to fourteen different articles appearing on it. Many relate to health insurance, several have been about auto insurance, and every so often there will random and bizarre insurance related topics. The Insurance Blog Week in Review is a easy way to “ketchup”, so you won’t miss anything. Staying on Your Ex’s Health Insurance is Risky It might be more convenient, at first, to continue using your ex’s health insurance policy after the two of you have gotten divorced. However, there are some risks involved in doing that. The Insurance Podcast … Continue reading →

Prudential Settles With States Over Death Benefit Issue

Last year, nine insurance companies were subpoenaed as part of an investigation being done by several states. The investigation had to do with how the insurance industry was handling unclaimed life insurance benefits. This week, Prudential signed a settlement with the Insurance Regulators. It all started in 2011. There were questions about how some insurance companies were handling the money that came from the death benefit of life insurance policies. When a policyholder dies, the death benefit is supposed to go to the person that the policyholder selected as his or her beneficiary. The insurance company is supposed to put … Continue reading →