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News
LifeLock vs. Complete ID 2026: A Good Pick If You Wanted Complete ID?
1+ week, 1+ day ago (1254+ words) Save Up to 52% on Your First Year of LifeLock Complete ID is closed to new members, so we compared it to LifeLock to see whether LifeLock is a good pick for what you were actually looking for Below, we break…...
Unnamed life insurer sanctioned over 10,105 breaches
1+ week, 3+ day ago (438+ words) Home > Life Insurance > Unnamed life insurer sanctioned over 10,105 breaches Managing Editor and Publisher A major life insurer has not been named despite the Life Code Compliance Committee (LCCC) sanctioning it for failing to meet its commitments leading to “inaccurate, incomplete and…...
Prudential Life Insurance to fundamentally reform compensation system
1+ mon, 2+ week ago (148+ words) Nikkei Asia Prudential Life Insurance to fundamentally reform compensation system Japanese affiliate of US giant makes move after customer exploitation scandal TOKYO -- Prudential Life Insurance has decided to abolish a salary system that leans heavily on commissions, Nikkei learned on…...
Prudential Life Insurance Fraud Losses Reach ¥2.2 Billion as 125 Additional Victims Identified — BigGo Finance
1+ mon, 2+ week ago (390+ words) Prudential Life Insurance's compensation committee of external experts announced on the 24th that it has certified an additional 125 victims, with total losses of approximately ¥790 million ($4.8 million). This brings the total certified damages at the company and its group affiliate Gibraltar Life…...
One Inc and CalcFocus target friction in life insurance pay
1+ mon, 3+ week ago (257+ words) One Inc, a digital payments network for the insurance industry, has entered a strategic partnership with policy administration provider CalcFocus to help life insurers modernise premium collections and improve the policyholder payment experience. The partnership will integrate One Inc’s PremiumPay…...
Alleged accounting manipulation, concealed costs and high-risk investments put policyholders at Risk
2+ mon, 4+ day ago (719+ words) If substantiated, these practices could have significant implications for the company's financial health and, more importantly, for the security of policyholders' savings and future bonuses. Under Bangladesh's life insurance regulations, insurers prepare their annual accounts for the period from January…...
Regulator imposes $800,000 in penalties against Specialty Life Insurance
3+ mon, 2+ hour ago (465+ words) JavaScript is disabled in your browser. In order visualise this page, please follow these steps. The Financial Services Regulatory Authority of Ontario (FSRA) has imposed $800,000 in administrative penalties against third party administrator (TPA), Specialty Life Inc. (SLI). It has imposed…...
Prudential announces more layoffs as insurer continues to restructure
3+ mon, 1+ week ago (447+ words) Prudential Financial is undergoing another round of layoffs as the company continues to evolve in Year Two under CEO Andrew Sullivan. According to a filing with the New Jersey Department of Labor and Workforce Development, Prudential is laying off 53 employees…...
Japan's Prudential Life takes $29 mil. hit over staff misconduct | NHK WORLD-JAPAN News
3+ mon, 2+ week ago (178+ words) Japan's Prudential Life Insurance says it has set aside tens of millions of dollars to compensate customers affected by employee misconduct. The company on Tuesday reported earnings for fiscal 2025, including an extraordinary loss of about 4.7 billion yen, or over 29 million…...
Prudential Life Insurance posts 12.6% profit dip after employee fraud
3+ mon, 2+ week ago (191+ words) Prudential Life Insurance said Tuesday that its core profit declined 12.6% to ¥40.2 billion in the fiscal year ended in March from a year earlier due to the fallout of fraud involving former and current employees. Insurance premium revenue fell 6.6% to ¥1,454.9 billion…...