MetLife Will Pay Missourians $4.8 Million As Part of Discrimination-Suit Settlement
Charged higher burial-insurance premiums than whites MetLife Inc., the parent of Metropolitan Life Insurance Co., will pay up to $4.8 million to thousands of Missourians a majority of them African-Americans to whom it charged higher burial-insurance premiums than whites. The payment, announced on Friday by Gov. Bob Holden, is part … [Read more...]
MetLife Faces California, Florida Probes over Life Insurance Payments
Probes over the way it’s handled life insurance and annuity contract payments. Insurance giant MetLife Inc. is facing state probes over the way it's handled life insurance and annuity contract payments after the holder of said instruments passed away. lawsuit title In California, MetLife has been subpoenaed by the State … [Read more...]