Prudential is turning to generative artificial intelligence (gen AI) to verify medical insurance claims in an effort to speed up processes. The insurance company announced, in a statement on Thursday ...

Insurance giant Prudential is tapping Google’s MedLM, a family of foundation models fine-tuned for healthcare industry use cases, to transform the complex and fragmented health insurance experience ...

NEW YORK (AP) — Prudential Financial illegally denied more than 200 life insurance claims despite collecting premiums from plan participants, the Department of Labor said Wednesday, the latest case ...

In a settlement with the U.S. Department of Labor, the financial giant agrees to revise its claims-handling practices. by Christopher Hazlehurst, J.D. If insurance companies act unreasonably and ...

The U.S. Department of Labor today announced a settlement with the Prudential Insurance Company of America-- a subsidiary of Prudential Financial Inc.-- that will require the financial giant to revise ...

A former member of the Ryland Group Pension Scheme will not have to reimburse Prudential after the provider botched the administration of his pension sharing order, the Pensions Ombudsman ruled in ...

Prudential Insurance Company and its broker-dealer, Pruco Securities, have gone to federal court against four advisors in Wisconsin who left the firm early this month to affiliate with Ameriprise ...