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Category Archives: MetLife Life Insurance

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MetLife Settles With States Over Unclaimed Life Insurance Benefits

Life insurance giant, MetLife has settled with more than 30 states over unclaimed life insurance benefits, agreeing to pay close to $500 million. The states claim that MetLife never provided life insurance benefits to some policyholders, wrote Bloomberg Businessweek. MetLife … Continue reading

Posted in MetLife Life Insurance, Unpaid Life Insurance Death Benefits | Tagged |

MetLife Hit with Shareholder Lawsuit Over Unclaimed Death Benefit Policies

A MetLife shareholder has filed an investor class action lawsuit over the way the insurance company handles unclaimed death benefits. The lawsuit alleges that MetLife used the U.S. Social Security Administration’s “Death Master File” database to stop making annuity payments … Continue reading

Posted in MetLife Life Insurance, Unpaid Life Insurance Death Benefits |

Illinois Whistleblower Lawsuit Filed over MetLife, Prudential Unclaimed Life Insurance Benefits

A whistleblower lawsuit filed in an Illinois court claims insurers MetLife Inc. and Prudential Financial Inc. each knowingly committed “massive fraud” by failing to hand over unclaimed death benefits to the state’s abandoned property department. The lawsuit is the latest … Continue reading

Posted in Consumer Fraud, MetLife Life Insurance, Unpaid Life Insurance Death Benefits |

New York AG Investigating Life Insurance Death Benefit Payouts

The New York Attorney General has launched an investigation into the way life insurance companies identify deceased insured and pay death benefits. According to several media reports, New York Attorney General Eric Schneiderman last month sent subpoenas to nine companies … Continue reading

Posted in Insurance Fraud, MetLife Life Insurance |