The number of companies offering key executives voluntary nonqualified deferred compensation plans remained constant from 2007 to 2008, and just about half of the eligible employees took advantage of the …  Read →

Prudential Financial announced it will not accept federal funds to help rebound financially, but instead, intends to try to raise $1.25 billion through a common stock offering.

The Newark, N.J.-based insurer …  Read →

The potential for Social Security to be bankrupt by 2037 has the president of Prudential Retirement warning Americans to plan for more than that income stream for their retirement.

Christine …  Read →

Randy Scritchfield, president of Montgomery Financial in Rockville, Md., has been named to the board of directors of the Insurance Marketplace Standards Association.

Randy Scritchfield

The IMSA is a national standards-setting …  Read →

Six life insurance companies, including Lincoln Financial and The Hartford, are among those about to receive billions of federal dollars through the U.S. Treasury‘s Troubled Asset Relief Program.

Funding will come …  Read →

An insurance agent with Prudential Financial Services in Manhattan avoided jail time, but must repay $5,900 from a New York bank he admitted to robbing in January.

Edward Martin Solomon, 71, …  Read →

More than a decade after it began, a suit against Prudential by more than 300 of its former employees took a small step forward.

After several legal motions over access to …  Read →

If and when the U.S. Treasury Department decides to help life insurers through its Troubled Asset Relief Program, it won’t be assisting Genworth Financial.

The Richmond, Va.-based insurer was informed by …  Read →

The U.S. government appears ready to offer Troubled Asset Relief Program funding to several major life insurers who have aligned with banks to seek federal bailout funds.

The companies, including Prudential …  Read →

According to the Wall Street Journal, the U.S. government may add to its never-ending list of those receiving TARP money: life insurers.

Among those mentioned as possible recipients of taxpayer largess: Hartford, Genworth, …  Read →