Takata Corp. has been ordered to replace as many as 40 million additional air bags linked to deadly malfunctions, more than doubling what was already the biggest auto recall in U.S. history.
Japanese insurers made more than $18 billion worth of acquisitions in the U.S. last year, and their spending spree isnt over yet, according to industry dealmakers.
MetLife Inc. agreed to pay $25 million to settle a probe of abuses tied to variable annuities, the highest-ever penalty for those products by the Financial Industry Regulatory Authority.