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Excerpts of articles and news of interest. To see the full article, click the title or the Read More button.

Palm Beach Policyholders Seek $1 Billion From Prudential

The Palm Beach Post, FEBRUARY 2001 Fifteen Palm Beach County residents have accused Prudential Insurance of using deceptive sales tactics and are seeking $1 billion in damages. County Circuit Judge Peter Blanc was to begin hearing pretrial motions in the case in January.  Jury selection is set for Feb. 1 and the trial is expected

PRUDENTIAL INSURANCE: Bogus Policies Subject of $1B Palm Beach Lawsuit

Associated Press, JANUARY 22, 2001 In a $1 billion lawsuit, 15 Palm Beach County residents are aiming to prove that Prudential Insurance sold bogus policies. Hearing on pretrial motions would be conducted before County Circuit Judge Peter Blanc, and jury selection has been set for Feb. 1. The trial is expected to last at least

Suits Settled By Prudential For $62 Million

The Wall Street Journal, FEBRUARY 16, 1999 Prudential Insurance Co. of America, apparently clearing the decks for its planned switch to a publicly traded company, quietly agreed last month to pay at least $62 million to 124 California policyholders who sued over allegedly abusive past life-insurance sales practices, according to people familiar with the case.

Prudential Told Staff to Destroy Documents

Los Angeles Times, JUNE 26, 1996 Prudential Told Staff to Destroy Documents, Memo Shows A regional headquarters of Prudential Insurance Co., believing that one state had begun investigating possible misconduct in the sale of life insurance, in 1994 ordered managers in 14 states to destroy documents that might be sought in the inquiry, according to

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