The happenings "inside" the Wisconsin State Treasury and across the street at the State Capitol

Prudential Insurance Turns Millions of Dollars over to Wisconsin State Treasury

English: Title screen from the 1948 agent trai...

English: Title screen from the 1948 agent training film, “Another Cup of Coffee”, showing the Prudential logo used at the time. (Photo credit: Wikipedia)

$1.5 Million Turned Over to State Treasury from Prudential Insurance

19 states will share more than $20 Million in proceeds to beneficiaries 

(MADISON)  Starting today, Wisconsin residents who believe they are the beneficiaries of a Prudential Insurance Company policy will be able to search the unclaimed property database and see if they are owed any money. Late last week, Prudential Insurance turned over more than $1.5 million in one of several payments expected through the end of 2012.

Prudential revamped its unclaimed property reporting practices to better cross-reference its policy database with public death records.

“Prudential is doing the right thing by ensuring those who are owed death benefits receive that cash,” State Treasurer Kurt Schuller said.

Prudential is currently cross-referencing millions of names in databases to make sure death benefits are sent to Unclaimed Property Units in California, Colorado, Idaho, Louisiana, Maine, Maryland, Massachusetts, Mississippi, Montana, Nebraska, North Dakota, Oregon, Pennsylvania, South Dakota, Tennessee, Utah, Vermont, Washington and Washington, D.C. as well as Wisconsin.

The Wisconsin State Treasury has received 1078 names from Prudential and we have placed a spreadsheet with those names on our homepage, That spreadsheet will be updated at the same time our database is updated as Prudential continues to send more information to our office. Check frequently.


3 responses

  1. Pingback: FAQ: How Does Property Become Unclaimed? « Wisconsin State Treasury

  2. Pingback: FAQ: What Efforts are Made By the State of Wisconsin to find the Rightful Owners? « Wisconsin State Treasury

  3. Pingback: Unclaimed Property FAQ: Why is Wisconsin Involved? « Wisconsin State Treasury

Leave a Reply

Please log in using one of these methods to post your comment: Logo

You are commenting using your account. Log Out /  Change )

Google+ photo

You are commenting using your Google+ account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )


Connecting to %s