Metropolitan Life

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  West Virginia files 69 unclaimed property suits

  By Arthur D. Postal  |  May 17, 2013

  Different from those in other states, the suits demand payment of penalties and punitive interest.

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  Connecticut rejects LTCI rate increase requests

  By Allison Bell  |  March 7, 2013

  Regulators say claims have been much lower than projected, especially in their state.

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  MetLife unit files for LTCI rate hikes

  By Allison Bell  |  February 13, 2013

  The insurer is asking for a 58 percent increase on four blocks of business in Connecticut.

• Scrounging for Dollars

  By Arthur D. Postal  |  May 1, 2012

  Let’s pause for a second. The announcement April 24 by state regulators of a settlement with Metropolitan Life of its unclaimed property practices, coupled with an announcement that the settlement could include the return of perhaps $700 million either to policy beneficiaries or to the states, raises more questions than...

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  Scrounging for Dollars

  By Arthur D. Postal  |  April 24, 2012

  The multi-state settlement with MetLife of its unclaimed property practices, coupled with an announcement that the settlement could include the return of perhaps $700 million either to policy beneficiaries or to the states, raises more questions than it answers.

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  Prudential, MetLife Sued over Death Master File

  By Arthur D. Postal  |  February 1, 2012

  State efforts to collect on unclaimed property held by insurers has mushroomed into private action lawsuits filed in Illinois, Ohio and New York against Prudential and MetLife.

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  CDAs Under Scrutiny: What Happens if They Fail, Regulators Wonder

  By Elizabeth Festa  |  January 26, 2012

  While the industry presses forward with selling contingent deferred annuities, regulators wonder if the products would or should be open to guaranty fund coverage if they were to implode.

• Connecticut OKs LTCI Rate Increases

  By Allison Bell  |  January 26, 2012

  A state regulator says affordability is of concern but not a standard included in the rate review statute.

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  Connecticut Schedules LTCI Rate Hearing

  By Allison Bell  |  December 12, 2011

  MetLife wants to raise rates on a block of policies it is administering by 41%. The policies were issued from 1991 to 2004.