Latest MetLife Headlines
All the headlines from our MetLife Topic Page, ordered by recency.
MetLife Spinoff Plan Could Add to Pressure on AIG to Split
Jan 13 2016 // After General Electric Co. began selling finance operations to exit too-big-to-fail status, American International Group Inc. Chief Executive Officer Peter Hancock said it wasn’t clear that escaping the government...
Too-Big-to-Fail Insurers Face 10% Hike to Capital Requirements: Int’l Regulators
Oct 5 2015 // Global insurers with the greatest ties to the financial system would face an average increase of 10 percent to capital requirements under new standards proposed by a group of regulators. The increase would be as high as...
If MetLife Is Tagged As Systemically Risky, Why Isn’t Berkshire Hathaway?
Oct 2 2015 // MetLife Inc., the insurer fighting the U.S. government’s decision to label it a potential threat to financial stability, wants to know why Warren Buffett’s Berkshire Hathaway Inc. has gotten a pass. Documents...
MetLife Cites Foreign Operations to Claim It’s Not a U.S. Financial Firm
Aug 24 2015 // MetLife Inc.’s fight to free itself from a costly government label is increasingly focusing on a bold argument: The giant insurer isn’t actually a U.S. financial company. In court papers filed in Washington on...
MetLife Defends Dual Roles for Retirement Brokers
Jul 31 2015 // MetLife Inc. said its dual roles of offering retirement products and advising customers are threatened by a U.S. Labor Department proposal that was designed to make sure savers’ interests are put...
Dovetail Insurance Expands MetLife BOP Product to Five More States
Jun 30 2015 // Dovetail Insurance has expanded its MetLife Auto & Home Business Owners Policy (BOP) offering to five additional states through its NetBOP Insurance Portal. The MetLife Auto & Home BOP coverage was recently...
MetLife Seeks Documents from Systemic Risk Panel
Jun 30 2015 // MetLife asked a federal judge on Monday to force the U.S. government to hand over 500 pages of confidential records that relate to financial regulators’ decision to designate the insurance giant as systemically...
U.S. Seeks Dismissal of MetLife Suit Challenging Systemic Designation
May 8 2015 // MetLife Inc.’s lawsuit challenging its designation by regulators as critical to the economy should be thrown out, U.S. Justice Department lawyers said without making public their arguments to the judge. MetLife on...
Departure of MetLife’s Wheeler Surprises Analysts
Apr 14 2015 // MetLife Inc. posted the biggest decline in the 21-company Standard & Poor’s 500 Insurance Index after announcing the departure of William Wheeler, president of the Americas, disappointing those who thought he...
MetLife May Get More Time For Living Will Due to Systemic Risk Appeal
Mar 24 2015 // U.S. bank regulators are scheduled to vote next week on whether to extend MetLife Inc.’s deadline for filing a so-called living will as the insurer sues the government for subjecting it to stricter oversight. The...
MetLife to Pay Gov’t $123M in Settlement
Mar 23 2015 // MetLife’s home lending unit will pay $123.5 million to end an investigation into allegations it gave government-backed mortgages to people who didn’t meet federal requirements. The Justice Department said that...
MetLife Circles Back to Landmark NYC Tower It Mostly Left
Mar 19 2015 // 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...
MetLife to Pay Government $123.5M in Mortgage Settlement
Mar 2 2015 // MetLife’s home lending unit will pay $123.5 million to end an investigation into allegations it gave government-backed mortgages to people who didn’t meet federal requirements. The Justice Department said on...
Paying Tribute to AIG, MetLife Chief Benmosche
Mar 1 2015 // Steve Miller called him tenacious. Steve Kandarian remembered his fighting spirit. As Maurice “Hank” Greenberg put it, Robert Benmosche, who died Friday at 70 after leading two of the biggest U.S. insurers,...
Former AIG, MetLife Leader Benmosche Dies at 70
Feb 27 2015 // Robert Benmosche, the combative former chief executive officer of American International Group Inc. who led the insurer, once the world’s largest, to repay a $182.3 billion taxpayer bailout, has died. He was 70. He...
Dovetail Insurance Expands MetLife BOP Product to 7 Additional States
Feb 12 2015 // Dovetail Insurance, a supplier of cloud-based insurance, is teaming up with MetLife Auto and Home to expand distribution of its MetLife Business Owners Policy (BOP) offering to seven additional states through its NetBOP...
MetLife to Provide ‘Complete’ Rideshare Insurance for Lyft Drivers in Colorado
Jan 29 2015 // MetLife Auto & Home and Lyft, a nationwide transportation network company (TNC), have launched an auto insurance policy in Colorado tailored specifically for Lyft drivers that covers every stage of the trip. The...
MetLife Touts Surviving Lehman in Case Against Systemic Risk Tag
Jan 14 2015 // MetLife Inc. Chief Executive Officer Steve Kandarian, who is suing to reverse a U.S. finding that subjects the insurer to greater oversight, said his company’s performance in the financial crisis shows its ability to...
MetLife to Sue to Overturn Systemically Risky Designation
Jan 13 2015 // MetLife Inc. said it will sue in federal court as part of Chief Executive Officer Steve Kandarian’s effort to overturn a finding that the insurer is systemically important. A complaint will be filed today in...
Big SIFI News: MetLife is Designated, Obama Signs Insurance Capital Standards Bill
Dec 21 2014 // This week brought big news on two fronts in the world of allegedly “too big to fail” insurers. By a nine to one vote, with former Kentucky Insurance Commissioner Roy Woodall as the lone dissenter, the Financial...
