Electronic Documents of Illinois
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Department of Insurance Announces $500 Million Settlement with MetLife
- 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.
Originally Deposited as: 22856
Phone Number: Language(s): EN-English Volume or Year: 2012
Number or Issue: April 23 Date Created: 04 23 2012
Date Last Modified: 04 23 2012 Librarian Remarks:
Access This Publication1. Department of Insurance Announces $500 Million Settlement with MetLife (042312INSMetLifeSettlement.doc).
Document Size:134144 Software: Microsoft Word Version: 97-2003 This is part of a series. It is part of Press releases from the Governor's agencies: 43733