Prudential Life Insurance was found to have mishandled about ¥3.1 billion through schemes ranging from fraud to borrowing money from clients.

Add Yahoo as a preferred source to see more of our stories on Google. A onetime Vadnais Heights insurance broker who invented customers and used phony Social Security numbers to earn nearly $650,000 ...

Prudential Life Insurance Co says that around 100 of its employees and former employees had improperly borrowed from or defrauded clients out of some 3.1 billion yen over the course of more than 30 ...

Add Yahoo as a preferred source to see more of our stories on Google. A Charlotte man faces 52 felony charges related to fraudulent travel insurance claims. Oscar Rafael Ruiz was arrested on Tuesday ...

Life insurance is supposed to ensure that your loved ones receive a lump-sum benefit when you pass away, offering certainty ...

It's the second state case to fall apart in 18 months.

Fraud is a persistent problem for the insurance industry, and it’s one we all pay for. The Coalition Against Insurance Fraud estimates it costs insurers $308.6 billion a year industrywide, leaving ...

An Epping, N.H., man was arrested last month in a life insurance fraud scheme in which he is accused of collecting premiums from at least nine people in Connecticut and other states, according to ...