This web site needs javascript enabled to work properly. Please enable it to use the full functionality of the web site. Thank You!

Best's News

Best’s News & Research Service subscription required - January 03, 2025 03:08 PM (EST)

Verizon Pension Beneficiaries File Federal Suit Over $5.9 Billion PRT Deal Involving Prudential, RGA

Pension beneficiaries at telecommunications giant Verizon have filed a class-action lawsuit over a $5.9 billion pension risk transfer transaction the company completed last year with a Prudential . . .

-- This content requires a subscription --

Already a Subscriber?

Log in Register your purchase

Not a Subscriber?

Best's News & Research Service

A subscription includes:

BestDay
Best's News
Best's Review
Best's Research
Best's Special Reports & Commentaries
Best's Rankings
and more...

Receive emails featuring AM Best's news and research
Opt-in

Retirement Pension Funds Pension Managers Pension Fund Liability Litigation Employee Retirement Income Security Act

Reprints & Redistribution

Latest News

WORKERS' COMPENSATION INSURANCE
Connecticut Supreme Court: Workers’ Comp Cancellation Notices Must Be Unambiguous
Jan 06, 2025 03:38 PM (EST)

PEOPLE IN INSURANCE
Falvey Insurance Group Leadership Changes Include CEO Succession
Jan 06, 2025 03:25 PM (EST)

PEOPLE IN INSURANCE
Axis Capital Names Head of Global Markets
Jan 06, 2025 03:17 PM (EST)

ANNUITIES
Allianz Life Partners With Retirement Giant Empower to Offer In-Plan Annuities
Jan 06, 2025 03:11 PM (EST)

RENEWAL
Guy Carpenter: Property Catastrophe Rates on Line Fell at Jan. 1 Renewals
Jan 06, 2025 01:55 PM (EST)

More from Best’s News

Trending

1

BEST'S CREDIT RATING ACTION
AM Best Upgrades Credit Ratings of Peace Hills General Insurance Company
Nov 12, 2024 11:00 AM (EST)

2

SPECIAL REPORT
Best’s Special Report: China’s New Energy Vehicle Growth Transforms the Country’s Motor Insurance Market
Jan 06, 2025 08:01 AM (EST)

3

FRAUD
Convicted Murderer Ordered to Pay Nautilus $14.8 Million for Fraudulent Claim
Jan 03, 2025 02:44 PM (EST)

4

PEOPLE IN INSURANCE
Bold Penguin Taps 25-Year Industry Pro as Next CEO, President
Jan 06, 2025 12:49 PM (EST)

5

POLICY LIMITS
New Year Ushers in Higher Minimum Auto Liability Limits in Four States
Jan 03, 2025 04:20 PM (EST)

1

BEST'S CREDIT RATING ACTION
AM Best Upgrades Credit Ratings of Peace Hills General Insurance Company
Nov 12, 2024 11:00 AM (EST)

2

CATASTROPHES
Airline: Samsung, Axa XL Provided Cover for Crashed South Korean Jet
Dec 31, 2024 02:29 PM (EST)

3

TERRORISM
Terrorism Insurance Can Prove Murky in the United States, Crux Underwriting Chief Says
Jan 02, 2025 04:50 PM (EST)

4

MERGERS AND ACQUISITIONS
Sentry Closes $1.7 Billion The General Acquisition, Increases Workforce Nearly 21%
Jan 02, 2025 12:17 PM (EST)

5

LEGAL ASPECTS
Appeals Court Reverses $29 Million Judgment Against Penn National
Dec 31, 2024 02:50 PM (EST)

1

BEST'S CREDIT RATING ACTION
AM Best Upgrades Credit Ratings of Peace Hills General Insurance Company
Nov 12, 2024 11:00 AM (EST)

2

PRESS RELEASE
Best’s Review: World’s Largest Insurance Companies, Top 50 Global Reinsurers and More
Jan 24, 2024 01:31 PM (EST)

3

A.M. Best Affirms Ratings of USAA, Its Subsidiaries and USAA Capital Corporation
Dec 21, 2011 09:44 AM (EST)

4

BEST'S CREDIT RATING ACTION
AM Best Affirms Credit Ratings of The Progressive Corporation and Its Subsidiaries
Mar 06, 2024 09:30 AM (EST)

5

BEST'S CREDIT RATING ACTION
AM Best Affirms Credit Ratings of Auto-Owners Insurance Company and Subsidiaries
Dec 02, 2022 10:48 AM (EST)

1

MARYLAND
Industry Groups Oppose Maryland’s Proposal on Telematics-Related Notifications
Nov 20, 2024 04:45 PM (EST)

2

BEST'S CREDIT RATING ACTION
AM Best Upgrades Credit Ratings of Peace Hills General Insurance Company
Nov 12, 2024 11:00 AM (EST)

3

POLITICAL CONTRIBUTIONS
Tax Reforms, ‘Open-Minded’ Candidates Driving Industry PAC Contributions, Trade Groups Say
Oct 24, 2024 03:01 PM (EDT)

4

HURRICANES
Hurricane Milton Likely a Manageable Retention Event in Florida, Industry Watchers Say
Oct 10, 2024 04:38 PM (EDT)

5

BEST'S REVIEW
Best's Review Examines U.S. Private Passenger Auto Insurers That Bucked Broader Industry Trends
Oct 10, 2024 01:40 PM (EDT)

AM Best TV

Related Companies

AMB#	Company Name
058182	Prudential Financial, Inc.
058089	Reinsurance Group of America, Inc.

REINSURANCE
Manulife Completes Multibillion Dollar Reinsurance Deal With RGA
Jan 03, 2025 04:36 PM (EST)

REINSURANCE
Prudential Completes $11 Billion Reinsurance Transaction With Wilton Re
Dec 20, 2024 12:42 PM (EST)

PEOPLE IN INSURANCE
Prudential Financial Tabs Andrew Sullivan as Next CEO
Dec 04, 2024 11:52 AM (EST)

PEOPLE IN INSURANCE
Prudential to Lay Off 108 Workers in Latest Round of Cuts at New Jersey-Based Carrier
Nov 26, 2024 12:08 PM (EST)

PARTNERSHIPS
Prudential Financial Completes Integration With LPL Financial Platform
Nov 25, 2024 02:21 PM (EST)

More Related Company News

To Submit News go to - https://www.ambest.com/bestweek/submitnews.html