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Title:  

Department of Insurance Announces $500 Million Settlement with MetLife

 
 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