An episode of "Dr. Phil" this week that focused on elder abuse—both financial and physical—struck a chord with a number of people, if the show's comments section is any indication. Numerous commenters reported abuse of their own ...
Tags: Dr.Phil, financial abuse, elder, relatives
Nationwide Life Insurance and some of its affiliates have inked a settle agreement over death benefits case with the Pennsylvania Insurance Department, pursuant to which the underwriter will pay $7.2m to state insurance departments. The ...
Tags: Nationwide Financial, Death Master Investigation, insurance departments
MetLife Auto & Home will offer homes and automobiles insurance coverage with group discounts to two qualified subscribers of Meredith’s publications including Ladies’ Home Journal and Family Circle. The qualified subscribers ...
Tags: MetLife, insurance, qualified subscribers
New Jersey-based psychiatric rehabilitation service agency, Bridgeway Rehabilitation Services, has selected Massachusetts Mutual Life Insurance's (MassMutual) Retirement Services Division as the new supplier of its retirement plan that ...
US-based MetLife has reported a net income of $2.26bn, or $2.12 per share, for the second quarter of 2012, compared to $1.06bn, or $1 per share, for the same period in 2011. The total operating revenues for the second quarter of 2012 rose ...
Tags: MetLife, net income, operating revenues, operating earnings
US underwriter MetLife has reported operating earnings of $1.4bn, or $1.32 per share for the third quarter of 2012, up by 47% from $965m, or $0.91 per share during the same period a year ago. For the quarter period ended on 30 June 2012, ...
Tags: MetLife, underwriter, operating earnings, net income
US life insurer MetLife is set to launch a third-party asset management business to tap opportunities in private asset sectors, including real estate equity, commercial mortgages and private placement debt. The proposed business will ...
Tags: MetLife, asset management, private asset, commercial mortgage
Insurance firm MetLife has inked an agreement to dispose of its nearly $70bn mortgage servicing portfolio to US based JPMorgan Chase Bank, for an undisclosed sum. Subject to certain regulatory approvals and other customary closing ...
Tags: MetLife, mortgage service, JPMorgan Chase Bank, MetLife Bank
MetLife has agreed to pay $500m in a multistate settlement with Florida insurance investigators in connection with holding death benefits from life insurance policies issued decades ago. The regulators accused the US insurer over non ...
Tags: MetLife, multistate settlement, death benefits, insurance
MetLife has launched Dental HMO/Managed Care plans in New York and New Jersey, US in a bid to increase employer choices with lower cost and higher coverage plan designs. The Managed Care plans provides cost-effective solution for ...
Tags: MetLife, care plan, employee, insurance service
MetLife has appointed John Hele as its new executive vice president and chief financial officer, effective from 04 September 2012. Hele, who holds more than 30 years of broad financial services and insurance industry experience, will ...
Tags: MetLife, John Hele, executive vice president, insurance
Japanese multinational conglomerate Nomura is seriously mulling to dispose or refinance its ING’s insurance unit in Japan, particularly its variable annuity business, with an aim to boost its capital base. A consortium including ...
Tags: Nomura, capital base, ING, insurance
Sino-US United MetLife Insurance Company(MetLife),a joint venture launched by a subsidiary of MetLife and Shanghai Alliance Investment(SAIL),has inked an insurance business cooperation agreement with China based media and branding company ...
The Federal Reserve Board (FRB) in the US has imposed a monetary penalty of $3.2m against MetLife, claiming that the US underwriter failed to manage its subsidiary bank's mortgage loan servicing and foreclosure processing operations. The ...
Tags: FRB, MetLife, mortgage loan
Pan-American Life Insurance () has acquired majority of assets and businesses of MetLife in the Cayman Islands, Costa Rica, Panama, St Lucia and Trinidad and Tobago following regulatory clearance. PALIG anticipates receiving of regulatory ...
Tags: Pan-American, MetLife, Costa Rica