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Violation Tracker Individual Record

Company: Prudential Insurance Company of America
Current Parent Company: Prudential Financial
Penalty: $1,200,000
Year: 2021
Date: April 27, 2021
Offense Group: consumer-protection-related offenses
Primary Offense: insurance violation
Violation Description: Prudential Insurance agreed to pay $1.2 million in settlement of allegations a market conduct examination report revealed certain instances in which the company’s processes and procedures did not comply with provisions of applicable statutes.
Level of Government: state
Action Type: agency action
Agency: New Jersey Department of Banking & Insurance
Civil or Criminal Case: civil
Facility State: New Jersey
HQ Country of Current Parent: USA
HQ State of Current Parent: New Jersey
Ownership Structure of Current Parent: publicly traded
Major Industry of Current Parent: financial services
Specific Industry of Current Parent: insurance
Source of Data: (click here)
Source Notes: If an online information source is not working, check the Violation Tracker Data Sources page for an updated link.
Current parent company note: Parent-subsidiary relationship is current as of the most recent revision listed in the Update Log.