HYATT LEGAL PLANS, A METLIFE COMPANY, HAS ACQUIRED ALLSTATE’S GROUP LEGAL PLANS BUSINESS
NEW YORK, NY, July 22, 2010 – Hyatt Legal Plans, a MetLife Company and the nation’s largest group legal plan provider, today announced that it has acquired Allstate’s group legal plans business, known as "Signature LegalCare.” Financial terms were not disclosed.
“We are excited to have the opportunity to demonstrate Hyatt Legal Plans’ service and capabilities to Allstate’s Signature LegalCare sponsors and plan members, including access to the industry’s largest nationwide attorney network,” said Bill Brooks, CEO, Hyatt Legal Plans. “We will be working over the next several weeks to make the administrative transitions as seamless as possible.”
“The size and strength of MetLife and the expertise of Hyatt Legal Plans are assurances that this business acquisition is in the best interest of customers,” said Patrick O’Brien, assistant vice president, Allstate Corporation.
About Hyatt Legal Plans
Hyatt Legal Plans, Inc., a MetLife® subsidiary, is the largest provider of group legal plans in the country, serving two million plan members and dependents through a nationwide network of 5,200 law firms. For more information on Hyatt Legal Plans, please visit www.legalplans.com. Group legal plans provided by Hyatt Legal Plans, Inc., Cleveland, OH. In certain states, plans are provided through insurance coverage underwritten by Metropolitan Property and Casualty Insurance Company and Affiliates, Warwick, RI.
The Allstate Corporation (NYSE: ALL) is the nation's largest publicly held personal lines insurer. Widely known through the "You're In Good Hands With Allstate®" slogan, Allstate is reinventing protection and retirement to help more than 17 million households insure what they have today and better prepare for tomorrow. Consumers access Allstate insurance products (auto, home, life and retirement) and services through Allstate agencies, independent agencies, and Allstate exclusive financial representatives in the U.S. and Canada, as well as via www.allstate.com and 1-800 Allstate®.
MetLife, Inc. is a leading provider of insurance, employee benefits and financial services with operations throughout the United States and the Latin America, Europe and Asia Pacific regions. Through its subsidiaries and affiliates, MetLife, Inc. reaches more than 70 million customers around the world and MetLife is the largest life insurer in the United States (based on life insurance in-force). The MetLife companies offer life insurance, annuities, auto and home insurance, retail banking and other financial services to individuals, as well as group insurance and retirement & savings products and services to corporations and other institutions. For more information, visit www.metlife.com.