New Hampshire insurance officials are announcing a $17 million settlement reached by seven states and Prudential Insurance over the company’s use of the federal government’s master death files.
New Hampshire was one of seven lead states that investigated Prudential’s use of master death files kept by the Social Security Administration to cut off annuity payments to those who had died. State insurance officials say the company did not use those same master files to try to locate beneficiaries when it learned a death had occurred.