MetLife’s marketing of asset accounts ‘deceptive,’ judge says
Case against insurer dismissed, but wording in ruling likely to trigger more litigation, regulatory probes
Regulators in three U.S. states have started or widened examinations of how life insurers pay beneficiaries after a federal judge described MetLife Inc.'s marketing of asset accounts as “inherently deceptive,” even as he dismissed the underlying suit against the company.
The Sept. 10
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