Treasury says MetLife unit to pay $178,421 to settle potential civil liability
The Fly

Treasury says MetLife unit to pay $178,421 to settle potential civil liability

American Life Insurance Company (ALICO), a Delaware subsidiary of MetLife (MET), Inc. that offers group and individual insurance globally, has agreed to pay $178,421 to settle its potential civil liability for apparent violations of OFAC sanctions on Iran, the Department of the Treasury, Office of Foreign Assets Control, announced.

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