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Prudential Insurance
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Prudential Insurance is a company, which provides insurance and investment management services, to different retail and institutional customers, through different parts of the United States and in over 30 countries. There are many products and services that are included and these products and services include the life insurance, annuities, mutual fund and retirement related investments. It was the year 1981 that the company acquired Bache & Co, which was a stock brokerage company that worked as a wholly owned subsidiary. It organized many principal operations into the financial services businesses and closed block business.
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Two former Prudential Insurance compliance officers were awarded 750,000 dollars each by a three-person arbitration panel this past July in a case alleging a cover-up of insurance sales practice abuses. The plaintiffs claimed they were fired for refusing to falsify information to regulators, and were then terminated and defamed on their U-5s.
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All aspects of Prudential Financial, including Prudential Insurance, are committed to a philosophy of diversity. Its international and domestic operations make it imperative that the company depends upon diverse communities and cultures. Prudential has operations in more than 30 countries. Its employees, agents and policyholders come from a wide cultural mosaic. Prudential believes that diversity in its ranks helps the company give better service to its customers.
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These awards, sponsored by The Prudential Insurance Company of America in partnership with the National Association of Secondary School Principals, honor outstanding community service by young people in grades 5 through 12. Last year, the program drew nearly 23,000 applications.
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You could cut the cost of your insurance with Prudential. If you're a new customer, you could save up to £130 with Prudential Car Insurance.[ Source: Direct Excellence, July-Sep 06. ] Click here to get your Car Insurance quote. Hundreds of thousands of people already entrust Prudential with their Car Insurance. Join them now and you could save up to £130. And when you buy your Car Insurance online you receive a 10% discount.
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According to the award summary, Parsons said he refused to sign a letter from Prudential's corporate legal office responding to an inquiry from New Jersey insurance regulators regarding the Broadacres office. Parsons called the letter "inadequate and untruthful" and claimed it was part of Prudential's strategy to cover up problems while settling litigation.
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