This is the property of the Daily Journal Corporation and fully protected by copyright. It is made available only to Daily Journal subscribers for personal or collaborative purposes and may not be distributed, reproduced, modified, stored or transferred without written permission. Please click "Reprint" to order presentation-ready copies to distribute to clients or use in commercial marketing materials or for permission to post on a website. and copyright (showing year of publication) at the bottom.
Subscribe to the Daily Journal for access to Daily Appellate Reports, Verdicts, Judicial Profiles and more...

Insurance

Apr. 20, 2010

MetLife Agrees to $13.5M Fine

Metropolitan Life Insurance Co. will have to pay the $13.5 million for its role in making improper payments on a San Diego-based insurance broker, whose name has not been disclosed.

By Pat Broderick

Daily Journal Staff Writer

Metropolitan Life Insurance Co. will have to pay the $13.5 million for its role in making improper payments on a San Diego-based insurance broker, whose name has not been disclosed.

According to the U.S. attorney's office in San Diego, "millions of dollars" of improper payments weren't disclosed to MetLife's customers, or by MetLife as required by the Employment ...

To continue reading, please subscribe.
For only $95 a month (the price of 2 article purchases)
Receive unlimited article access and full access to our archives,
Daily Appellate Report, award winning columns, and our
Verdicts and Settlements.
Or
$795 for an entire year!

Or access this article for $45
(Purchase provides 7-day access to this article. Printing, posting or downloading is not allowed.)

Already a subscriber?

Enewsletter Sign-up