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Violation Tracker Individual Record

Company: Metropolitan Life Insurance Company, Inc.
Current Parent Company: MetLife
Parent at the Time of the Penalty Announcement:  subscribe to see this data field
Penalty: $10,000,000
Year: 2014
Date: March 31, 2014
Offense Group: consumer-protection-related offenses
Primary Offense: insurance violation
Violation Description: MetLife agreed to pay $10 million in a Deferred Prosecution Agreement settling allegations it violated New York Insurance Law and the New York Penal Law for by operating two subsidiaries that did not pay for insurance licensing.
Level of Government: local
Action Type: agency action
Agency: Manhattan (NY) District Attorney
Civil or Criminal Case: criminal
Prosecution Agreement: deferred prosecution agreement
Private Lawsuit Resolution Type: settlement
Facility State: New York
Facility County: New York
Facility City: New York
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)
Source Notes: If an online information source is not working, check the Violation Tracker Data Sources page for an updated link.
Current parent company note: Parent-subsidiary relationship is current as of the most recent revision listed in the Update Log.