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December 23, 2004

MetLife Comments on New York State Insurance Department Announcement about Auto Insurance Rate Reductions

MetLife issued the following statement today regarding the New York State Insurance Department's announcement about MetLife Auto & Home reducing its auto insurance rates in New York State by an average of nearly 6%:

"MetLife applauds Superintendent Serio and Governor Pataki for their aggressive and highly successful efforts to fight auto insurance fraud in New York State," said MetLife Auto and Home President and Chief Executive Officer Catherine A. Rein.  "We were pleased to respond to the Superintendent's call to reduce rates for our policyholders and we are committed to continue our own significant fraud fighting efforts in cooperation with the Department's Fraud Bureau."

Posted by Tom Troceen