Latest MetLife Headlines
All the headlines from our MetLife Topic Page, ordered by recency.
MetLife to Tell Travelers Employees of Job Status
Feb 22 2005 // MetLife Inc. will inform employees of Travelers Life & Annuity in Hartford, Conn. by April 4 whether job cuts will be imposed after Travelers is acquired, according to a memo. MetLife, which plans to buy...
MetLife to Acquire Travelers Life for $11.5 Billion; Firms Also Plan Distribution Partnership
Jan 31 2005 // MetLife, Inc. and Citigroup Inc. today announced an agreement for the sale of Citigroup’s Travelers Life & Annuity, and substantially all of Citigroup’s international insurance businesses, to MetLife for...
People & Places
Jan 24 2005 // Catherine Rein MetLife, Inc. has named Catherine A. Rein to the role of chief administrative officer, effective Jan. 1, 2005. Reporting to MetLife, Inc. Chairman and Chief Executive Officer Robert H. Benmosche, Rein will...
MetLife Requests 17 Percent Increase in Fla. Rates
Dec 28 2004 // MetLife Auto and Home Insurance is the latest company in Florida to request permission to raise its rates, citing non-hurricane-related losses and asking to increase policyholder’s premiums by an average of 17...
MetLife Names Rein to Chief Administrative Officer; Mullaney Succeeds Her at Metropolitan P&C
Dec 28 2004 // MetLife, Inc. has named Catherine A. Rein to the role of chief administrative officer, effective January 1, 2005. Reporting to MetLife, Inc. Chairman and Chief Executive Officer Robert H. Benmosche, Rein will oversee...
Met Life Agrees to Cut N.Y. Auto Rates 6%
Dec 23 2004 // Another auto insurer has agreed to reduce its rates in New York State in response to Superintendent of Insurance Greg Serio’s call for rate reviews. MetLife Auto & Home is reducing its auto insurance rates by an...
Marsh Pegs Contingency Payments at Center of Probe at $1.2 Billion in Past 18 Months
Oct 21 2004 // The company at the center of a probe into insurance brokerage fees says it took in more than $1.2 billion in incentive payments over the past 18 months and that its decision to stop using such fees will reduce operating...
Life Insurers Get Taste of Spitzer Probe
Oct 15 2004 // For those in the life insurance industry who thought they could sit on the sidelines and watch New York Attorney General Eliot Spitzer go after some big property/casualty heavyweights, think again. According to reports on...
CitiGroup, Wells Fargo and BB&T Lead Bank Holding Cos. in Insurance Brokerage Fee Income
Aug 30 2004 // CitiGroup (New York, N.Y.), Wells Fargo & Company (San Francisco, Calif.), and BB&T Corporation (Charlotte, N.C.) lead bank holding companies in insurance brokerage fee income year-to-date through June 30, 2004,...
Amid Heightened Security, Financial Firms Including Citigroup, AIG, MetLife and Pru Tend to Business
Aug 3 2004 // Police closed several streets in midtown Manhattan and banned trucks from bridges and tunnels leading to the city’s financial district Monday, Aug. 2, following a government warning that terrorists were planning to...
Sarbanes-Oxley ‘Stifles Competition,’ Says MetLife CEO
Jul 5 2004 // In the opinion of one major industry player, The Sarbanes-Oxley Act of 2002 set in place “a mad rush to save the world from bad management,” a misguided and costly strategy that will fall victim to its...
Sarbanes-Oxley ‘Stifles Competition’, Says MetLife CEO
Jul 5 2004 // In the opinion of one major industry player, The Sarbanes-Oxley Act of 2002 set in place “a mad rush to save the world from bad management,” a misguided and costly strategy that will fall victim to its...
Aetna, Cigna and MetLife Face Commission Probe
Jun 14 2004 // Three more insurance companies said they have received subpoenas from New York State Attorney General Eliot Spitzer seeking information on the way brokers are paid. Hartford, Conn.-based Aetna Inc., Philadelphia-based...
MetLife Auto & Home Promotes Safer Teen Driving
May 4 2004 // Nearly all states have enacted graduated driver’s licensing laws, requiring parents to spend many hours in the passenger’s seat with their teens behind the wheel. For parents and teens alike, the prospect may...
MetLife Receives Approval for China Joint Venture
Mar 26 2004 // Chinese regulators have approved plans for a joint venture between U.S. life insurer MetLife Inc. and the owner of the Beijing International Airport, MetLife said Thursday. The U.S. company has a 50 percent stake in the...
MetLife Auto & Home in Alliance with Home Depot
Mar 25 2004 // MetLife Auto & Home and The Home Depot announce that they will be joining forces to provide repair materials and installation services for MetLife Auto & Home customers. This enhanced service will be available...
Proformance to Acquire MetLife Auto & Home’s Agency Produced N.J. Business
Dec 9 2003 // New Jersey’s Proformance Insurance Company announced that it will acquire the independent insurance agency-produced New Jersey auto and homeowners insurance business of MetLife Auto & Home for $10 million in...
Liberty Mutual, MetLife A&H Recoup $2 Million in Fraud Suit against Mass. Lawyers, Medical Clinic
Dec 3 2003 // Score one for the industry! Liberty Mutual Group and MetLife Auto & Home announced settlements of around $2 million – in their favor- in a multi-million dollar insurance fraud suit against attorneys and medical...
MetLife Auto and Home Joins Trusted Choice Branding Initiative
Jan 16 2002 // MetLife Auto & Home has signed on as a company partner of Trusted ChoiceSM the new consumer marketing brand created by the Independent Insurance Agents of America (IIAA), announced IIAA CEO Robert A. Rusbuldt...
InsuranceNoodle to Provide MetLife P/C Agents with Small Commercial Solution
Jan 15 2002 // Chicago-based InsuranceNoodle has reached agreement with the MetLife General Insurance Agency Inc. to offer 600 of their property/casualty licensed career agents with the InsuranceNoodle web-based small commercial...
