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Prudential announces more layoffs as insurer continues to restructure

3 hours ago
Image shows the Prudential logo
Prudential overhauled its leadership team, restructured operations, and shed noncore assets to fuel growth, executives have said. Read more
More Top Stories
TOP NEWS
  • Why advisors should be talking about life settlements

  • NAIC regulators continue pushing for annuity illustration updates

  • The Super El Niño Effect on insurance and what it means for clients

  • Wink: Flat first-quarter annuity sales fall just short of $100B

INSURANCENEWSNET MAGAZINE

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In this issue...

  • The Annuity Evolution: New Rules, Smarter Tech
  • Annuities at the speed of a cheetah — With Mark Zesbaugh
  • A foundation of faith — with Cheryl D. George
  • Preserve client assets with a Medicaid-compliant annuity
  • The biggest domestic issue of the 21st century
  • An HSA can help with high costs, but employees need more support in using it
MORE MAGAZINE

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SPECIAL FEATURE

Setting the record straight on premium-financed IUL

This is not a funding strategy for the average policyholder. Read More

MORE FEATURES

From The Field

When risk moves faster than insurance, everyone pays the price

When insurance availability tightens, the consequences move quickly beyond the policyholder.

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    Data verification: Modernizing life insurance for the digital consumer

    The traditional application process for life insurance often feels outdated compared to the seamless way people manage the rest of their financial lives.

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      Brokers face a new reality in voluntary benefits

      Employer expectations around voluntary benefits are changing.

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      More From The Field

ADVISOR NEWS

Millennials are ready to bring their advisor to the family table

Younger investors want an advisor to serve as a facilitator for cross-generational retirement and financial planning discussions, while older investors are largely declining to take that step.

  • How healthcare inflation can eat up a client’s retirement income
  • Global economy ‘resilient’ in the wake of massive disruption
  • Cryptocurrency legislation takes one step forward with bipartisan support
  • IRS CEO FRANK J. BISIGNANO VISITS OHIO TO TOUT WORKING FAMILIES TAX CUTS PROVISIONS ON NO TAX ON CAR LOAN INTEREST, NO TAX ON OVERTIME, ENHANCED DEDUCTION FOR SENIOR CITIZENS
  • The hidden flaw in insurance AI adoption for advisors and carriers
More ADVISOR NEWS

NEWSWIRES

Pipes bond payment in Clay City coffers

At the Tuesday, June 2 meeting of the Clay City Town Council, Council President Donnella Baumgartner confirmed that some funds had been received in relation to former Clerk-Treasurer Karla Pipes, who was convicted of wire fraud in February 2026. According to an official State Board of Accounts presentation, surety bonds for Clerk-Treasurers and Controllers…

  • FED CHAIR JAY POWELL FAILED HIS MAIN TEST: KEEPING US INFLATION LOW
  • Digital Becomes the New Front Door for Auto Insurance Shopping, as Nearly Half of New Auto Policies Are Bought Online, JD Power Finds
  • Expro Reiterates Benefits of Redomiciliation
  • Self-pay and dental care: Can paying cash without insurance help you save?
  • Radian to Host Investor Day Today
More NEWSWIRES

INN Insider

Fed Chair Kevin Warsh's first hires include a Project 2025 author

Paul Winfree, who wrote the Project 2025 chapter calling for sweeping Fed reforms, is now advising the new central bank chair.

  • 5 takeaways from Jerome Powell’s award speech
  • Jerome Powell warned that politicizing the Fed would undermine public confidence
  • Could Hunter Biden Run for President? Prediction Market Sparks Online Frenzy
  • Consequences mount for disabled Iowa family with dwindling help
More INN Insider

Annuity News

Matthew Michelini named Athene president, with an eye on annuity growth

Athene, the leading retirement solutions company and subsidiary of Apollo Global Management, Inc., announced today that it has ... Read More

How annuities can help protect retirees from financial scams

Scammers often pursue liquid assets that can move quickly. Read More

Ameritas settles with Navy vet in lawsuit over disputed annuity sale

Ameritas settled a lawsuit with a North Carolina couple over alleged improper annuity sales, court filings show. Read More

  • NAIC annuity guidance updates divide insurance and advisory groups
More Annuity News

Life Insurance News

Setting the record straight on premium-financed IUL

This is not a funding strategy for the average policyholder. Read More

  • Kyle Busch attorney rips ‘false narrative’ around life insurance coverage
  • The hidden risks of indexed universal life and what advisors should know
  • Judge sends Greg Lindberg back to federal prison for fraud, bribery
More Life Insurance News

Health/Employee Benefits News

These Connecticut-based companies made this year's Fortune 500 list with revenue up to $275 billion

Bloomfield- headquartered health insurer and pharmacy-benefit manager The Cigna Group again led the Connecticut contingent, pla... Read More

Surgery transforms epilepsy patient's life

When Hunter Bambino was 9 years old, his parents started noticing something strange in his behavior. "I would be trying t... Read More

Arizona AG accuses health insurance companies of illegal price fixing

PHOENIX— Attorney General Kris Mayes is accusing major health insurance companies of engaging in illegal price fixing she says ... Read More

  • Bipartisan Bill Takes Another Step Toward Protecting Veterans from Predatory Claims Companies
More Health/Employee Benefits News
inn-insider

CIBC Asset Management Inc Has $62.10 Million Stock Holdings in Analog Devices, Inc. $ADI

CIBC Asset Management Inc grew its position in shares of Analog Devices, Inc. (NASDAQ:ADI - Free Report) by 29.6% during the fo... Read More

Seaview Investment Managers LLC Invests $8.09 Million in JPMorgan Chase & Co. $JPM

Seaview Investment Managers LLC purchased a new position in JPMorgan Chase & Co. (NYSE:JPM - Free Report) during the fourth... Read More

Peak Wealth Management LLC Purchases Shares of 2,062 Amazon.com, Inc. $AMZN

Peak Wealth Management LLC purchased a new stake in Amazon.com, Inc. (NASDAQ:AMZN - Free Report) in the 4th quarter, according ... Read More

  • Legal & General Group Plc Has $10.76 Million Stock Position in MGIC Investment Corporation $MTG
More INN Insider News

Property and Casualty News

Anticipating the next disaster

Winds in Houston knocked down massive trees and power lines leaving more than 19,000 people without power. The National Weather... Read More

Illinois Drivers Hit With 18% Rate Hike Will Get Relief as Giannoulias' Insurance Reform Bill Heads to the Governor

Illinois lawmakers passed sweeping auto insurance reforms that would give state regulators the power to challenge excessive rat... Read More

CopperPoint Insurance Companies to Add Countrywide Surety Capabilities, Platform with Acquisition of General Indemnity Group: CopperPoint Insurance Companies

2026 JUN 03-- By a News Reporter-Staff News Editor at Mergers& Acquisitions Daily News-- CopperPoint Insurance Company, a l... Read More

  • Marsh & McLennan Companies, Inc. Trademark Application for “MARSH” Filed: Marsh & McLennan Companies Inc.
More Property and Casualty News

Insurtech News

Insurers urged to temper expectations with AI pilots

The insurance industry deals with some specific challenges that can prevent AI pilots from taking off. Read More

  • GenAI: Moving to the forefront of claims management
  • Murphy said national discussion needed about profit in medical care
  • AI emerges as the biggest risk for financial leaders in 2026
More Insurtech News

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Press Releases

  • RFP #T01625
  • Rockwood Programs Appoints Kerry Ladouceur as Vice President, Financial Lines
  • JP Insurance Group Launches Commercial Property & Casualty Division; Appoints Joe Webster as Managing Director
  • Sequent Planning Recognized on USA TODAY’s Best Financial Advisory Firms 2026 List
  • Highland Capital Brokerage Acquires Premier Financial, Inc.
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