RELL PRESSURES METLIFE ON JOBS:
Connecticut Governor M. Jodi Rell said she is “extremely unhappy” as she learns more about the possibility of significant job losses resulting from MetLife’s planned acquisition of Travelers Life & Annuity in Hartford. Rell said she has spoken with MetLife Chairman Robert Benmosche, face-to-face and on the phone, and that her staff has met with his people. “But we still do not have a comfort level as to a definitive number of jobs that are in jeopardy, except that the numbers will be significant. I want exact numbers and exact guarantees,” she said in a statement.
Rell said she met with Benmosche on March 7 in her office, following MetLife’s January 31 announcement that it planned to acquire Travelers from Citigroup for $11.5 billion.
Popular Today
- Viewpoint: Artificial Intelligence Is Rewriting the Rules for Commercial Lines
- Former CEO of Nonprofit P/C Statistical Agent Sentenced for Stealing Millions
- Court Ruling Could Help Shed Light on Owners of Litigation Funders, Medical Clinics
- Aon Adds to List of Brokers Suing Howden US for Alleged Poaching, Theft