INSURANCE

Prudential May Sell Properties: Prudential Insurance Co. of America may sell some of its landmark U.S. properties, which include the Ritz-Carlton at Laguna Niguel, the Chicago Hilton and Towers, NationsBank Tower in Dallas and Boston’s Prudential Center. The largest U.S. life insurer is reviewing its roughly $5.5-billion real estate portfolio to try to replace some of its convention hotels and office buildings with warehouses, manufacturing plants and apartments. The review by Prudential, which has met roughly half its goal of selling $1 billion in real estate in 1995, reflects the company’s desire to diversify.