The nation’s largest life insurer, MetLife, says it passed the federal government’s stress test, investigating if financial service firms had enough capital
MetLife, which became a bank a federally chartered bank … Read →
Although it was mentioned as a potential participant in the latest round of federal bailouts, New York-based MetLife says it has already taken steps to stay strong financially.
If and when the U.S. Treasury Department decides to help life insurers through its Troubled Asset Relief Program, it won’t be assisting Genworth Financial.
The Richmond, Va.-based insurer was informed by … Read →
The U.S. government appears ready to offer Troubled Asset Relief Program funding to several major life insurers who have aligned with banks to seek federal bailout funds.
American International Group Inc. is asking the federal government to lessen the insurer’s bailout burden, according to an article in the Wall Street Journal. Yes, that burden. The one where … Read →
With insurers among the first to line up for a federal bailout, followed by the auto industry, speculation has run rampant over who might line up next. While suspects such … Read →
As an insurance agent for the past 15 years, I have never been more satisfied with my job of helping our seniors maneuver through the enrollment process of Medicare.