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Violation Tracker Individual Record

Company: Metropolitan Life Insurance Company
Current Parent CompanyMetLife
Parent at the Time of the Penalty Announcement subscribe to see this data field
Penalty: $142,800
Year: 2022
Date: September 23, 2022
Offense Group: consumer-protection-related offenses
Primary Offense: insurance violation
Violation Description: Metropolitan agreed to pay $142,800 in settling allegations it issued network-based vision plans from April 1, 2013 to August 24, 2022 prior to having selective contracting arrangements approved by the Department.
Level of Government: state
Action Type: agency action
Agency: New Jersey Department of Banking & Insurance
Civil or Criminal Case: civil
Facility State: New Jersey
HQ Country of Current Parent: USA
HQ State of Current Parent: New York
Ownership Structure of Current Parent: publicly traded
Major Industry of Current Parent: financial services
Specific Industry of Current Parent: insurance
Source of Data(click here)
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Current parent company note: Parent-subsidiary relationship is current as of the most recent revision listed in the Update Log.