SiteTitle | • | Department of Insurance Announces $500 Million Settlement with MetLife | [X] |
| | 1: | | Title: | | | | | Volume/Number: | 2012 April 23 | | | | Issuing Agency: | | | | | Description: | A six-state task force led by the Illinois Department of Insurance (DOI) today announced that the states have reached a multi-million dollar settlement with Metropolitan Life Insurance Company and its life insurance affiliates (MetLife). Under the settlement, MetLife and its affiliates agreed to pay more than $500 million in life insurance benefits and also agreed to pay $40 million to states that are a party to the settlement to pay for stepped up monitoring by the states. | | | | Date Created: | 04 23 2012 | | | | Agency ID: | 406**12 | | | | ISL ID: | 000000043245 Original UID: 22856 FIRST WORD: Department | |
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