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The Farmers Exchanges and Farmers Group, Inc. (FGI) Announce They Will Acquire MetLife Auto & Home


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WOODLAND HILLS, Calif., Dec. 11, 2020 /PRNewswire/  The Farmers Exchanges and Farmers Group, Inc. (FGI) have announced they will jointly acquire MetLife s property and casualty business (MetLife Auto & Home). Completion of the transaction is subject to regulatory approvals and is anticipated to occur in the second quarter of 2021.
Farmers Insurance Logo. (PRNewsFoto/Farmers Insurance)
As part of the transaction, the Farmers Exchanges are entering into a 10-year exclusive distribution agreement with MetLife, the leading group benefits company in the United States. Under the 10-year exclusive distribution agreement, Farmers
® and MetLife plan to leverage combined capabilities to offer personal lines products on MetLife s U.S. Group Benefits platform, which reaches 3,800 employers and approximately 37 million eligible employees. ....

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MetLife Named One of the Top 75 Companies for Executive Wome


CONTENT: Press Release
NEW YORK, December 10, 2020 /3BL Media/ – MetLife, Inc. (NYSE: MET) announced that it has been named one of the 2020+ Top Companies for Executive Women by Working Mother Media. The list recognizes companies that are actively advancing women through the corporate ranks, with a focus on areas such as succession planning, profit-and-loss roles, gender pay equity, and work-life integration. This is the 13th time MetLife has been recognized by Working Mother Media for creating a supportive company culture that identifies, promotes, and nurtures successful women.
“Gender equity is central to MetLife’s purpose, which calls on us to build confidence not only for our customers, but also for our employees,” said Cynthia Coverson, senior vice president of Regional Business, MetLife Group Benefits. “MetLife has a proud history of advancing women’s careers, which has had a significant impact on our ability to deliver exceptional business results.” ....

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