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8 months ago
Prudential stops distribution of policy sold through Wells Fargo
December 12, 2016 / 1:13 PM / 8 months ago

Prudential stops distribution of policy sold through Wells Fargo

Dec 12 (Reuters) - U.S. insurer Prudential Financial Inc said on Monday it had suspended the distribution of a term insurance policy through Wells Fargo & Co, pending review of how the product was sold by the bank.

Customer responses did not indicate potential fraudulent activity, Prudential said in a statement. (Reporting by Richa Naidu in Bengaluru; Editing by Anil D'Silva)

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