Related self-dealing claims made against other national financial services providers by participants in their own retirement plans have met varying degrees of success. A new Employee Retirement Income ...

Principal prevailed in a lawsuit that alleged it set the crediting rate for a guaranteed investment contract (GIC) such that it could “retain unreasonably large and/or excessive profits.” Following a ...

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OLDWICK, N.J.--(BUSINESS WIRE)-- AM Best has affirmed the Financial Strength Rating of A+ (Superior) and the Long-Term Issuer Credit Ratings (Long-Term ICR) of “aa” (Superior) of Principal Life ...

The Principal Financial Group® introduces new ways for customers to battle the uncertain markets. Principal Universal Life (UL) FlexSM, true to its name, offers clients both flexible protection and ...

NEW YORK--(BUSINESS WIRE)--Principal Financial Group ® and Metropolitan Tower Life Insurance Company, a subsidiary of MetLife, Inc. (“MetLife”), announced today they entered into an agreement with ...

Principal Life Insurance Company has provided $42 million for a mixed-use development with affordable housing located across the street from the massive Sony Pictures Entertainment campus in Los ...

Silver Creek Development has sealed $57.9 million of high-leveraged construction financing to build a multifamily development in Tempe, Ariz. near Arizona State University (ASU), Commercial Observer ...