Prudential Facing Some Class Claims in Life Insurance Battle

Life insurance recipients who sued Prudential Insurance Co. of America over its payment practices scored a partial win Jan. 29 when a federal judge allowed them to present some claims as a certified subclass.

The judge partially revised his 2016 opinion denying class status to more than 100,000 people receiving life insurance benefits through various Prudential plans. While it remained true that the Prudential plans included too many variations to justify certifying a 100,000-person class action, the judge said class status was warranted for about 1,000 people who receive benefits under two specific plans for employees of JPMorgan and Con-Way ...