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MetLife, Inc. is the holding corporation for the Metropolitan Life Insurance Company (MLIC), [3] better known as MetLife, and its affiliates.MetLife is among the largest global providers of insurance, annuities, and employee benefit programs, with around 90 million customers in over 60 countries.
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MetLife Inc. v. Financial Stability Oversight Council, 177 F. Supp. 3d 219 (D.D.C. 2016), is a case that challenged the systemically important financial institution, or SIFI rules in Dodd-Frank. U.S. District Judge Rosemary Collyer ruled that MetLife could shed its SIFI designation, after concluding Financial Stability Oversight Council , or ...
In 2018, MetLife divested its remaining interest through a debt-for-equity exchange with four financial institutions that owned MetLife debt. [ 4 ] Headquartered in Charlotte, North Carolina , the company began selling annuity and life insurance under the Brighthouse Financial brand on March 6, 2017.
Insurance regulatory law is the body of statutory law, administrative regulations and jurisprudence that governs and regulates the insurance industry and those engaged in the business of insurance. Insurance regulatory law is primarily enforced through regulations, rules and directives by state insurance departments as authorized and directed ...
"While Metropolitan Life Insurance Company was not an asbestos business, it worked closely with asbestos companies to conceal the health effects of the toxic mineral. In 1944, the company insured more than a dozen big names in the industry, including Johns Manville, Raybestos-Manhattan, National Gypsum, Fibreboard and Flintkote.
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These reviews are generally conducted quarterly, and the carriers will issue letters to the policyholders and their insurance brokers indicating the proposed changes in rate. Rates for cases with more than 50 employees are usually given as a dollar amount per employee, per month (called a "per capita rate") with no division into male- and ...
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