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Resource ID: #10916
Subject: Insurance
Source: WTVT-TV (Tampa, Fla.)



WTVT-TV (Tampa, FL) reveals agents for MET Life were using deceptive sales techniques to sell life insurance policies. They targeted groups selling them life insurance under the auspices of selling them a retirement plan. The plans served only to net huge commissions for MET Life agents. The story resulted in the U.S. insurance commission levying the largest fine against Met Life, the largest fine levied against an insurance company, 1994.

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