MetLife Inc. News

Mortgage Startup Blend Labs Enters Homeowners Market With MetLife

Blend Labs Inc., a startup that first became known by helping big banks make it easier for homebuyers to get a mortgage online, is branching out into a new industry: insurance. The San Francisco-based company is launching Blend Insurance Agency. …

New York Governor Presses Banks, Insurers to Weigh Risk of NRA Ties

New York Governor Andrew Cuomo on Thursday ramped up pressure on banks and insurers to revisit whether their ties to the National Rifle Association and other gun rights groups harm their reputations and the public interest. Cuomo, a Democrat, noted …

MetLife Circles Back to Landmark NYC Tower It Mostly Left

It took almost a decade and a half for MetLife Inc. to determine that Manhattan’s MetLife Building was where it belonged. The biggest U.S. life insurer said Wednesday it will consolidate its New York operations into 200 Park Ave., which …

MetLife’s Gay Rights Support Draws Criticism of Malaysia Partner

MetLife Inc.’s support for gay rights in the U.S. is drawing criticism to the insurer’s partner in Malaysia. A group in the nation called for a boycott of AMMB Holdings Bhd.’s AmBank, citing MetLife’s recognition as among the best places …

N.Y. Regulators Say MetLife Fined $60M, to Cooperate in Probe of AIG

MetLife Inc., the largest U.S. life insurer, will pay $60 million after New York watchdogs found subsidiaries solicited business in the state without a license and made intentional misrepresentations to regulators. MetLife also agreed to cooperate with the New York …

MetLife to Sell Mortgage Service Unit , Focus on Insurance Operations

MetLife Inc. is selling its $70 billion mortgage servicing business to JPMorgan Chase & Co. for an undisclosed price. MetLife said last Friday that the move is part of its strategy to focus on the insurance side of its business. …

Metlife, California Reach Settlement Near $500M

MetLife Inc. will pay nearly $500 million in a settlement involving more than 30 states that claimed it didn’t provide life insurance benefits to some of its policyholders, the company said Monday. The largest life insurer in the United States …