State settles with MetLife | May 18, 2012 | Pleasanton Weekly | |

Pleasanton Weekly

- May 18, 2012

State settles with MetLife

Policyholders due $500-million in unpaid claims

State Controller John Chiang has announced a multi-state settlement with MetLife, Inc., one of the nation's largest life insurers that will result in an estimated $500 million in unpaid life insurance and annuity benefits being paid to beneficiaries or states acting on their behalf.

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