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US Treasury Department says MetLife unit settles over Iran sanctions violations
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US Treasury Department says MetLife unit settles over Iran sanctions violations
Nov 15, 2024 11:52 AM

WASHINGTON, Nov 14 (Reuters) - The U.S. Treasury

Department said on Thursday that New York-based insurer

MetLife's ( MET ) unit, American Life Insurance Company, agreed

to settle its potential civil liability for over 2,300 apparent

violations of sanctions against Iran.

The Treasury Department's Office of Foreign Assets Control

(OFAC) announced a $178,421 settlement with the MetLife ( MET ) unit.

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