Latest Prudential Headlines
All the headlines from our Prudential Topic Page, ordered by recency.
Conn. AG Subpoenas Prudential
Jun 7 2005 // According to a Reuters report on Tuesday, Prudential Financial Inc. has received a subpoena from Connecticut Attorney General Richard Blumenthal asking for information about its participation in a number of reinsurance...
Prudential (U.K.) Ousts Bloomer; Tucker Named New Group CEO
Mar 25 2005 // The U.K.’s Prudential, Britain’s second largest insurer, announced that Jonathan Bloomer, Group CEO for the last five years, will be replaced by Mark Tucker, currently group finance director at HBOS, the...
Pru Employee Agents Vote to Join Union
Apr 22 2004 // Nearly 1,000 Prudential Financial Inc. employee-insurance agents across the country are now members of a white-collar union. The New York-based Office and Professional Employees International Union, Local 153, won the...
Prudential’s John Greene Named to LIMRA International Board
Jan 8 2004 // LIMRA International, a worldwide association of insurance and financial services companies, has named John W. Greene, CLU, ChFC, president of Agency Distribution at The Prudential Insurance Company of America, a division...
Foster Kids in Austin Get Backpacks From Prudential Financial
Aug 19 2003 // Prudential Financial Inc. companies announced its associates have responded to the Annual Backpack Challenge issued by the Prudential Employee Community Volunteer Council by purchasing, filling and donating backpacks for...
Boots & Coots International Gets Cash Payment
Aug 18 2003 // Houston-based Boots & Coots International Well Control Inc. announced it received a payment of approximately $3.88 million from The Prudential Insurance Company of America on August 8. The payment was for short-swing...
Best Places Prudential’s NJ P/C Group Rating Under Review
May 27 2003 // A.M. Best Co. announced that it “has placed the financial strength rating of A- (Excellent) of the Prudential Property and Casualty New Jersey Group (PruPac New Jersey Group) (Newark, NJ) and its affiliated companies...
Liberty Mutual to Acquire Majority of Prudential’s U.S. P/C Business
May 23 2003 // Boston-based Liberty Mutual Group has signed a definitive agreement to acquire Prudential Financial Inc.’s U.S. personal lines property/casualty operations in 47 states, excluding its New Jersey, specialty auto and...
Palisades Group Acquires Prudential’s NJ P/C Company
May 23 2003 // The Palisades Group, based in Berkeley Heights New Jersey, announced that it has agreed to acquire The Prudential Property and Casualty Insurance Company of New Jersey (PRUPAC-NJ), the New Jersey property and casualty unit...
Prudential “Spirit of Community Award” for N.J. Youth Volunteers
May 6 2003 // Gideon Sofer, 18, of Highland Park, N.J. was named one of America’s top ten youth volunteers for 2003 in a ceremony today at the International Trade Center, in Washington D.C., receiving a national Prudential Spirit...
Prudential Turns Focus to Captive Agents
Apr 18 2003 // Prudential Financial’s property/casualty subsidiary has terminated the contracts it had with 200 independent agencies across the country earlier this month in a move to focus its retail distribution on captive...
Nationwide Mutual Purchases Non-Standard Auto Business From Prudential
Mar 31 2003 // Nationwide Mutual Insurance Co. has agreed to purchase THI Holdings Inc. — the domestic, non-standard auto business of Prudential Financial Inc. that is marketed under the Titan Insurance Co. and Victoria Insurance Group...
Prudential P/C Grp. Under Review
Feb 24 2003 // The financial strength rating of “A-” (Excellent) of Prudential Property and Casualty Group and its separately rated subsidiary, THI Holdings Group (Cleveland, Ohio), are under review by A.M. Best, with...
A.M. Best Places Rating of Prudential P/C Group, Subsidiary Under Review
Jan 29 2003 // A.M. Best Co. has placed the financial strength rating of A- (Excellent) of the Prudential Property and Casualty Group (Indianapolis) and its separately rated subsidiary, THI Holdings Group (Cleveland), under review with...
Report Prudential Unlikely To Buy Hyundai Securities
Jan 3 2003 // According to a report from Dow Jones Newswires, Prudential Financial’s negotiations to buy controlling stakes in Hyundai Group’s financial affiliates, Hyundai Investment Trust & Securities Co., Hyundai...
Skandia Agrees to Sell U.S. Operations to Prudential for $1.26 Billion
Dec 23 2002 // The Swedish-based Skandia Insurance Group has reached an agreement with Prudential Financial to sell its U.S. operations, American Skandia, for a total consideration of $1.265 billion, around 72 percent of its book value....
Prudential Agents Reject Union
Apr 30 2002 // Agent employees of Prudential Financial have narrowly rejected a proposal from the Professional Employees Union to represent them. When the ballots were counted at the Newark, NJ office of the National Labor Relations...
Philadelphia Resident Caught in Auto Fraud Scheme
Apr 29 2002 // The CDI announced the arrest of John Martin by the Philadelphia Police Department Felony Warrant Detail. The arrest warrant was issued in Orange Superior County Superior Court in response to two felony charges filed by the...
Prudential U.K. Chairman Hurn Resigns
Apr 25 2002 // Sir Roger Hurn abruptly announced that he would step down as Chairman of the U.K.’s Prudential, amid controversy over his leadership of Marconi, the troubled U.K. telecommunications company, which he headed until...
CDI Investigates Philadelphia Resident Caught in Auto Fraud Scheme
Apr 1 2002 // The California Department of Insurance (CDI) announced the arrest of John Martin in his residence by the Philadelphia Police Department Felony Warrant Detail. The arrest warrant was issued on Feb. 5 in Orange Superior...
