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A large insurer says it has finished selling debt to institutional investors.
Prudential Financial Inc., Newark, N.J., has placed $3 billion in convertible senior notes that will be due in 2037.
Prudential also has bought back about $239 million in company stock. Most of the stock repurchased came from the holders of the convertible notes, the company says.
The author has ideas for coaching people through a time of uncertainty.
NAIC leaders say one goal should be to get patients out from the middle of 'surprise bill' disputes.
The firm failed to ensure that clients received sales charge and fee waivers they were entitled to, FINRA says.
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