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Metropolitan Life Ins Co
  
1 through 20 of 140 matching documents, newest pages first.   Sort by relevance

New York Regulator Fines MetLife $19.75 Million, Orders $189 Million in Restitution Over ‘Lost’ Annuitants
New York State Department of Financial Services said in a statement. The New York consent order partly addresses larger difficulties the company acknowledged two years ago when it ...
Source: BestWire   Date: January 29, 2019
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Massachusetts Regulator Fines MetLife $1 Million to Settle Pension Fraud Complaint
William Galvin said in a consent order. The settlement orders MetLife to stop making alleged false or misleading statements in connection with the offer, sale or purchase of any ...
Source: BestWire   Date: December 20, 2018
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MetLife, Trade Groups ‘Disappointed’ Over US House Bill to Expand Retirement Options
Americans save for retirement. "We were surprised and disappointed that the bill did not contain the 'safe harbor' provision that would help companies offer guaranteed ...
Source: BestWire   Date: September 14, 2018
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Massachusetts’ Regulator Files Antifraud Complaint Against MetLife Over ‘Lost’ Annuitants
...Life said in a statement it was working to correct matters. "We self-identified and self-reported this issue to our regulator and to the public," the company said. "We have taken ...
Source: BestWire   Date: June 25, 2018
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Florida Reaches 10-Year Long-Term Care Rate Hike Agreement With Unum Units, MetLife
America and Provident Life and Accident Insurance Co. The increases will occur during the first three years of the 10-year guarantee period, according to the Florida Office of ...
Source: BestWire   Date: January 24, 2017
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MetLife CEO: Markets Responding to Trump’s Promises of Regulatory Relief
Donald Trump, said Steven A. Kandarian, MetLife Inc. chairman, president and chief executive officer. "The incoming Trump administration has sent positive signals about pro-growth ...
Source: BestWire   Date: December 16, 2016
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Update: Insurers Welcome Fed Interest Rate Hike; MetLife Forecasts Earnings Growth
...Corrects information in second paragraph.) Insurers reacted positively to news the Federal Reserve increased interest rates on investments by 0.25% - the second such rate increase ...
Source: BestWire   Date: December 16, 2016
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Unum, MetLife Request Rate Hikes for Long-Term Care Insurance
The Florida Office of Insurance Regulation has scheduled an Aug. 12 public hearing to discuss proposed long-term care insurance rate increases by Metropolitan Life Insurance Co. ...
Source: BestWire   Date: July 14, 2016
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FSOC Meets July 18, Will Discuss Market Updates in Closed Session
Capital Global Holdings. The GE Capital request for de-designation was approved unanimously by the council June 28 as part of the company's annual review. GE Capital, which does ...
Source: BestWire   Date: July 12, 2016
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FSOC Rescinding GE Capital’s SIFI Designation Positive Step, But Formal ‘Exit Ramp’ Still Needed, Industry Observers Say
June 28 as part of the company's annual review. GE Capital, which does not have an insurance arm, was designated on July 8, 2013, one of two nonbanks to first receive the SIFI tag. ...
Source: BestWire   Date: June 29, 2016
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MetLife Unit Settles Variable Annuity Charges for $25 Million
...Mutual said in an email. "Variable annuities are complex and expensive products that are routinely pitched to vulnerable investors as a key component of their retirement planning," ...
Source: BestWire   Date: May 3, 2016
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MetLife Directors OK Another $1 Billion Stock Repurchase While Awaiting ‘Clarity’ on Capital Rules From Feds
Chief Executive Officer Steven Kandarian in a statement. "This new authorization is consistent with the prudent capital management strategy we have been employing as we await ...
Source: BestWire   Date: September 23, 2015
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MetLife EVP: Annuity Business Ready to Grow Again Following Internal Review
After three years of reformulating its U.S. annuities sales structure, MetLife is looking to regain business with new products, retrained sales advisers and a come-back playbook, ...
Source: BestWire   Date: September 9, 2015
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MetLife CEO: Company Has De-Risked US Retail Business; Federal Reserve Is Now One of Its Regulators
Federal Reserve is now one of its regulators. Fourth-quarter net income increased to nearly $1.5 billion from $877 million. Net income included $120 million in derivative gains, ...
Source: BestWire   Date: February 12, 2015
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Barclays Analysts: MetLife's Share Buybacks Likely Modest Until SIFI Rules in Place
Amid regulatory uncertainty, MetLife Inc. said its board of directors approved a $1 billion increase the company's authorization to buy back its common stock. MetLife is currently ...
Source: BestWire   Date: December 15, 2014
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Court: Florida's Unclaimed Property Law Does Not Require 'Affirmative Duty' to Scan Death Master File
Financial for Lutherans with the state's Department of Financial Services. Thrivent was seeking to clarify its obligations to escheat to the state funds related to unclaimed life ...
Source: BestWire   Date: August 22, 2014
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MetLife CEO Unsure When Financial Stability Oversight Council Will Vote on Non-Bank SIFI Designation
July 31 earnings call, calling the underwriting results "weak." But despite low interest rates, investment margins have been resilient due to effective asset-liability management, ...
Source: BestWire   Date: July 31, 2014
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MetLife CEO: Up to $1 Billion Share Repurchase 'The Right Balance' Amid Regulatory Uncertainty on Fed Rules
Despite regulatory uncertainty, MetLife Inc. is managing capital, and its recent announcement of an up to $1 billion share repurchase is "the right balance" amid that uncertainty, ...
Source: BestWire   Date: June 10, 2014
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Tom Sullivan, Former Connecticut Commissioner, Tapped as Fed's First Insurance Regulator
Banking Supervision and Regulation Division. Sullivan, who stepped down as a partner at PricewaterhouseCoopers's Hartford, Conn. office in May, will enter his new role on June 9. ...
Source: BestWire   Date: June 2, 2014
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Limra AVP: US Sales of Variable Annuities Fall 1% in 2013; How Companies Manage Risk Has 'Shifted'
Limra Secure Retirement Institute. How companies are managing risk with their new offerings "shifted" in 2013, with the velocity of product changes slowing, particularly in the ...
Source: BestWire   Date: March 13, 2014
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