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DOL Reaches Settlement with Prudential Insurance Company of America to Revise Life Insurance Practices That Denied Claims
Employee Benefits Security Administration [EBSA], U.S. Department of Labor [DOL] 
Apr. 20, 2023 "The [DOL] announced a settlement with the Prudential Insurance Company of America ... that will require the financial giant to revise its practices after a federal investigation found the ... company collected life insurance premiums from participants for extended periods, but then denied numerous claims after the participants died, citing the participants' failure to provide evidence of insurability when they applied for insurance." |
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