Prudential Financial to pay $100 million in US FTC settlement
5 Articles
5 Articles
FTC secures $145M settlement from companies that allegedly deceived health insurance shoppers with robocalls
FIRST ON FOX: The Federal Trade Commission (FTC) announced Thursday it had reached massive settlement agreements in a pair of lawsuits alleging two companies, Assurance IQ and MediaAlpha, misled consumers about healthcare services and bombarded them with robocalls.The combined settlements amount to $145 million and are part of a broader effort to tackle what Christopher Mufarrige, director of the Bureau of Consumer Protection, says are lead-gene…
Prudential Financial to pay $100 million in US FTC settlement
(Reuters) -The U.S. Federal Trade Commission reached a $100 million settlement with Prudential Financial to resolve claims a former unit misled consumers into buying healthcare plans that did not provide the coverage it promised. A settlement with Assurance IQ, which Prudential decided to shut down last year, was filed on Wednesday in Seattle federal court. Assurance did not admit or deny wrongdoing. The FTC accused Assurance of targeting consum…
Prudential to Pay $100M Over Unit's Healthcare Promises
Prudential Financial reached a $100 million settlement to resolve U.S. Federal Trade Commission civil charges that its Assurance IQ unit misled consumers into buying healthcare plans that did not provide the promised coverage. A settlement with Assurance, which Prudential shut down last year, was filed on Wednesday in federal court in Seattle. Assurance was accused of misleading consumers needing low-cost insurance, both online and in telemarket…
Financial News Network - FTC secures $145M settlement from companies that allegedly deceived health insurance shoppers with robocalls
FTC reaches $145 million settlement with Prudential and MediaAlpha over allegations of misleading consumers about healthcare services and illegal robocalls.Read More …
Coverage Details
Bias Distribution
- 50% of the sources are Center, 50% of the sources lean Right
Factuality
To view factuality data please Upgrade to Premium