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How was MetLife founded?

How was MetLife founded?

How was MetLife founded?

MetLife. The firm was founded on March 24, 1868. On January 6, 1915, MetLife completed the mutualization process, changing from a stock life insurance company owned by individuals to a mutual company operating without external shareholders and for the benefit of policyholders. The company went public in 2000.

Is MetLife a good insurance company?

MetLife is a very large, very stable company, and that means you have no fear of them defaulting on your policy, or disappearing in the near future. The company has offices in most states, and more than 70 million customers, which should be an indication of how well they can handle your insurance needs as well.

Who owns MetLife insurance?

Farmers announced Friday it had purchased MetLife's auto and home insurance business. The nearly $4 billion deal involves both the Farmers Group, which is owned by Zurich Insurance, and the Farmers Exchanges. The Farmers Exchanges are three reciprocal insurers owned by Farmers policyholders.

Did MetLife acquire Travelers Insurance?

July 2005 MetLife, Inc. acquires Travelers Life Insurance Company and Travelers Life & Annuity Company which are later consolidated as MetLife Insurance Company of Connecticut (MICC). February 2001 MetLife, Inc. launches a third-party distribution model that is still used by the Brighthouse Financial insurance companies today.

Does MetLife offer health insurance?

MetLife health insurance offers coverage options for long-term care and disability income. Long-term care insurance is intended to help individuals plan for the future and provides benefits in the event of a long-term illness or injury.