Latest MetLife Headlines
All the headlines from our MetLife Topic Page, ordered by recency.
U.S. Treasury Expects $6.3 Billion from AIG’s MetLife Sale
Mar 3 2011 // American International Group Inc. sold $9.6 billion worth of MetLife Inc. shares on Wednesday, producing gross proceeds of about $6.3 billion to accelerate its payback of U.S. Treasury bailout funds. AIG and the Treasury...
UPDATE – Treasury Expects $6.3 Billion from AIG’s Metlife Share Sale
Mar 3 2011 // American International Group sold $9.6 billion worth of MetLife Inc shares on Wednesday, producing gross proceeds of about $6.3 billion to accelerate its payback of U.S. Treasury bailout funds. AIG and the Treasury said a...
AIG to Accelerate MetLife Sales, Government Repayment
Mar 2 2011 // Bailed-out insurer American International Group will sell off its stake in MetLife Inc. months earlier than expected, accelerating its repayment of the U.S. government and giving MetLife more control of what had been an...
MetLife Auto & Home Expands Product Line in Texas With Package Product
Nov 17 2010 // MetLife Auto & Home has announced it will be supplementing its product line in Texas by introducing GrandProtect, a personal lines “package” policy. The product will be available to Texas residents as of...
Homeowners Coverage Knowledge Gap Wide Among Consumers
Aug 24 2010 // Many Americans admit to having a knowledge gap when it comes to what their home insurance actually covers, according to a new survey. Nearly one third (31 percent) of Americans don’t know how much their most valuable...
Rhode Island CPCU Society Elects Officers and Directors
Aug 13 2010 // The Rhode Island chapter of the Chartered Property Casualty Underwriters Society (CPCU) recently elected new directors and officers. New officers are President Mario A. Morales, of MetLife; President-Elect Calvin T....
MetLife to Sell $3 Billion in Stock to Buy AIG Life Unit
Aug 2 2010 // MetLife Inc. said it plans to sell more than $3 billion of stock to help pay for its acquisition of the foreign life insurance business of American International Group, or about 50 percent more than it originally...
MetLife, Pru Facing Probe Over Soldiers’ Death Benefits
Jul 30 2010 // New York’s attorney general has subpoenaed MetLife Inc. and Prudential Financial Inc. as part of a probe into whether life insurers are defrauding families of deceased military personnel by siphoning off millions of...
MetLife Pays $13.5 Million to Settle U.S. Contingent Commission Case
Apr 16 2010 // MetLife Inc., the largest U.S. insurer, has agreed to pay $13.5 million to resolve a federal government investigation into improper payments made to a San Diego-based insurance broker, the U.S. Justice Department said on...
MetLife Auto & Home Adds Tax-Related Identity Theft Service
Apr 1 2010 // MetLife Auto & Home has enhanced its identity protection services to include assistance for tax-related identity theft. The assistance is offered as part of the company’s Identity Protection Services provided to...
AIG Sells Alico Unit to MetLife for $15.5 Billion
Mar 8 2010 // AIG is selling its foreign life insurance unit to MetLife Inc. for about $15.5 billion, its second major asset sale in a week as it raises funds to repay a massive U.S. government bailout. MetLife said Monday that it would...
AIG Still Working Out $15 Billion Sale of Alico to MetLife
Mar 5 2010 // A tax question holding up American International Group Inc.’s sale of its foreign life insurance unit to MetLife Inc. is expected to be resolved favorably, clearing the way for a roughly $15 billion deal, sources...
MetLife May Pay AIG in Stock, Cash for Life Insurance Unit
Feb 10 2010 // MetLife Inc. plans to pay American International Group Inc. in stock and cash for American Life Insurance Co. (Alico), as the two sides negotiate what could be a roughly $15 billion deal, a source familiar with the matter...
MetLife Eyes $14 Billion Deal for AIG’s Alico Life Insurance Unit
Jan 20 2010 // MetLife Inc. is in talks to buy AIG’s American Life Insurance Co (Alico) unit in a deal that could be valued between $14 billion and $15 billion, a source familiar with the matter said Tuesday. Nothing has been...
AIG Looking for New HR Chief to Handle Pay Challenges
Dec 7 2009 // American International Group Inc., the bailed out insurer beset by executive pay restrictions, has parted ways with its head of human resources, leaving open a key vacancy in the midst of fragile pay negotiations with...
People
Sep 7 2009 // CNA Financial Corp. named Bob Lindemann as president and chief operating officer of CNA’s Commercial Lines operations. In this role, Lindemann will be responsible for CNA’s $3.5 billion commercial...
AIG Selects Former MetLife CEO Benmosche as New CEO After Liddy
Aug 3 2009 // Troubled insurer American International Group Inc. has chosen former MetLife chief Robert Benmosche as its new CEO, The Wall Street Journal reported, citing people familiar with the matter. The AIG board approved the...
AIG Confirms Benmosche as CEO; Restructuring Chief Reynolds to Depart
Aug 3 2009 // American International Group, Inc. (AIG) confirmed that its board of directors has elected Robert H. Benmosche as president and chief executive officer as previously reported.. Benmosche was also elected a member of the...
Business Moves
Aug 3 2009 // Met Life MetLife Inc. is combining its institutional and individual businesses, as well as its auto and home insurance unit, into a single U.S. business organization. William J. Mullaney, who has served as president of...
Business Moves
Aug 3 2009 // SureTec Houston, Texas-based SureTec Insurance Co. announced that Greg Faulx has joined the company as vice president and will head its new regional office in Denver. Faulx was a key member of the original management team...
