Tuesday, March 30, 2010

The Associated Press: Prudential to take $100M health care charge in 1Q

And....ANOTHER ONE bites the dust....another one bites the dust...and another one....da da da....

The Associated Press: Prudential to take $100M health care charge in 1Q:

NEW YORK — Insurer Prudential Financial Inc. said Monday that it will take a $100 million charge in the first quarter in relation to the recent health care overhaul legislation.

The life insurance and annuities provider said in a regulatory filing that it will take the charge against earnings in the first quarter."

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