Latest MetLife Headlines
All the headlines from our MetLife Topic Page, ordered by recency.
MetLife Says Former Wal-Mart Exec Leaves Board
Apr 25 2012 // The former head of Wal-Mart’s Mexico operations is stepping down from his current board positions at MetLife, effective immediately. The insurance giant announced Tuesday afternoon that Eduardo Castro-Wright had...
Metlife, California Reach Settlement Near $500M
Apr 25 2012 // 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...
MetLife to Pay States $500 Million in ‘Death Master’ Probe
Apr 23 2012 // MetLife Inc., the largest life insurer in the United States, will pay $500 million to settle a multi-state investigation into claims payment practices, the office of California’s state controller said on Monday. The...
MetLife Auto & Home “Combo” Package Policy Expands into Three New States
Apr 2 2012 // MetLife Auto & Home has introduced its personal lines “combo” policy into three additional states. The policy combines auto and home insurance products into one convenient package with one bill and one...
After Failure, MetLife Criticizes Federal Reserve Stress Test As Flawed for Insurers
Mar 13 2012 // Citigroup and MetLife led a list of financial institutions that failed the Federal Reserve’s latest round of stress testing Tuesday, a shock result for two companies that were widely expected to return billions of...
MetLife to Acquire Aviva’s Czech, Hungarian, Romanian Operations
Jan 30 2012 // MetLife, Inc. announced that it has agreed to acquire the life insurance businesses of UK-based Aviva plc in the Czech Republic (Aviva Czech Life) and Hungary (Aviva Hungary Life), and its life insurance and pension...
N.J. Siblings Indicted for Auto Insurance Claims Fraud
Jan 19 2012 // Authorities in New Jersey announced last week that a Union City woman and her Jersey City brother were indicted for their alleged roles in a scheme to submit false auto insurance claims. According to Acting Insurance Fraud...
MetLife to Sell Bank Unit to GE Capital
Dec 27 2011 // General Electric Co. jumped into the retail deposits business on Tuesday, buying the online bank from life insurer MetLife Inc. in a deal that will let GE’s capital arm expand its funding base and lessen reliance on...
MetLife: Fed Blocks Dividend Increase, Buyback Plans
Oct 26 2011 // MetLife Inc., the largest U.S. life insurer, said the Federal Reserve blocked it from raising its dividend and buying back shares, a surprise to investors and analysts who had expected both as soon as this week. MetLife...
MetLife Offers Business Travel Medical Coverage to Employees on Assignment
Oct 20 2011 // MetLife has launched International Business Travel Medical (IBTM) coverage. IBTM provides assistance and coverage for emergency and urgent medical care for employees traveling on short-term assignments outside their...
MetLife to Take $275M in Charges Related to Life Benefits, Catastrophes
Oct 7 2011 // MetLife Inc., the largest life insurer in the United States, said Thursday it would take up to $275 million in third-quarter charges, in part to increase reserves for policies where it may know the holder is dead but no...
Asbestos Claims on Rise at MetLife
Aug 5 2011 // Asbestos-related claims against MetLife Inc. rose 11 percent in the first half of the year, the company said Friday, mirroring recent comments by other large insurers who have experienced more claims than they...
Agents Question GM Free Car Insurance Deal With MetLife Auto
Aug 1 2011 // Independent insurance agents are raising concerns over a General Motors promotion that offers car buyers in the Pacific Northwest a year of free liability and damage insurance from MetLife Auto & Home. Hoping to put...
MetLife to Sell Banking Unit to Avoid ‘Too Big To Fail’ Regulation
Jul 22 2011 // MetLife, the largest life insurance company in the United States, has put its banking operations up for sale to avoid the “too big to fail” regulatory scrutiny that analysts have said was likely. MetLife said...
MetLife Auto Stands By GM Auto Insurance Deal
Jul 13 2011 // MetLife Auto & Home says it sees its direct marketing arrangement with General Motors to provide insurance for new car buyers as a way to increase its brand recognition, which it says should also help its independent...
Agents Question GM Free Car Insurance Deal With MetLife Auto
Jul 12 2011 // Independent insurance agents are raising concerns over a General Motors promotion that offers car buyers in the Pacific Northwest a year of free liability and damage insurance from MetLife Auto & Home. Hoping to put...
GM to Pay Insurance for Car Buyers in Washington, Oregon
Jul 7 2011 // Drivers in Oregon and Washington who buy a new 2010, 2011 or 2012 Chevrolet, Buick, GMC or Cadillac vehicle between July 6 and September 6 will receive a one-year insurance policy from MetLife Auto & Home at no...
Bank Holding Company Insurance Revenue Drops 5.7%
May 16 2011 // The nation’s bank holding companies (BHCs) experienced a decrease of 5.7 percent in their total insurance revenue from a record $15.08 billion in 2009 to $14.21 billion in 2010, when MetLife, a traditional life...
MetLife Auto & Home Enhances Personal Lines Policy for North Carolina Residents
Apr 20 2011 // MetLife Auto & Home has introduced a number of product and coverage enhancements, including the launch of GrandProtect, its personal lines policy package, to residents of North Carolina. The enhancements are effective...
MetLife Auto & Home Launches Combo Package Policy in 28 States
Mar 18 2011 // MetLife Auto & Home has will roll out its personal lines “combo” policy into 28 new states over the course of 2011. The policy combines multiple insurance products into one package with one bill and one...
