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MetLife, Inc. is the holding corporation for the Metropolitan Life Insurance Company (MLIC), [3] better known as MetLife, and its affiliates. MetLife is among the largest global providers of insurance , annuities , and employee benefit programs, with around 90 million customers in over 60 countries.
It was designed by architect D. Everett Waid and built by the Metropolitan Life Insurance Company in 1906. The Classical Revival style building consists of a two-story section built in 1906, a third floor that was added in 1920, and two additions that were constructed in 1917 and 1927.
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In 2018, MetLife divested its remaining interest through a debt-for-equity exchange with four financial institutions that owned MetLife debt. [4] Headquartered in Charlotte, North Carolina, the company began selling annuity and life insurance under the Brighthouse Financial brand on March 6, 2017. [5]
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Between 1870 and 1872, 33 US life insurance companies failed, in part fueled by bad practices and incidents such as the Great Chicago Fire of 1871. 3,800 property-liability and 2,270 life insurance companies were operating in the United States by 1989.
The Coalition Against Insurance Fraud is a coalition of insurance organizations, consumers, government agencies [1] and legislative bodies in the United States working to enact anti-fraud legislation, educate the public, and provide anti-fraud advice. [2]