PRUDENTIAL ANNUITIES LIFE ASSURANCE CORP/CT FILES (8-K) Disclosing Amendments to Articles of Inc. or Bylaws; Change in Fiscal Year, Other Events - Insurance News | InsuranceNewsNet

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August 30, 2013 Newswires
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PRUDENTIAL ANNUITIES LIFE ASSURANCE CORP/CT FILES (8-K) Disclosing Amendments to Articles of Inc. or Bylaws; Change in Fiscal Year, Other Events

Edgar Online, Inc.
 Item   5.03  Amendments to Articles of Incorporation or Bylaws; Change in Fiscal         Year.          On August 30, 2013, Prudential Annuities Life Assurance Corporation (the         "Company") received approval from the Arizona and Connecticut Departments         of Insurance to redomesticate the Company from Connecticut to Arizona         effective August 31, 2013. In connection with the redomestication, the         Company's Board of Directors and Prudential Annuities, Inc., the         Company's sole shareholder, approved the Company's Articles of         Domestication and amendments to the Company's Amended and Restated         By-Laws, which both become effective on August 31, 2013.          As a result of the redomestication, the Company is now an Arizona         insurance company and its principal insurance regulatory authority is the         Arizona Department of Insurance. Additionally, the Company is now         domiciled in the same jurisdiction as the primary reinsurer of the         Company's living benefits, Pruco Reinsurance, Ltd. ("Pruco Re"), which is         also regulated by the Arizona Department of Insurance. This change         enables the Company to claim statutory reserve credit for business ceded         to Pruco Re without the need for Pruco Re to collateralize its         obligations under the reinsurance agreement.          Copies of the Articles of Domestication and the Amended and Restated         By-Laws are attached to this Current Report on Form 8-K as Exhibits 3.1         and 3.2, respectively.    Item   8.01  Other Events.          The response to Item 5.03 above is hereby incorporated herein by         reference.          9.01  Financial Statements and Exhibits          (d)   Exhibits          3.1  Articles of Domestication of Prudential Annuities Life Assurance         Corporation, effective August 31, 2013.          3.2  Amended and Restated By-Laws of Prudential Annuities Life Assurance         Corporation, effective August 31, 2013.  

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