MetLife Inc. spent nearly $1.3 million in the second quarter lobbying on mortgage reform proposals and other issues, according to a recent disclosure form.

Shares of major insurance companies traded mostly down Wednesday, as investors appeared to be waiting out Tropical Storm Fay.

Shares of First Horizon National Corp. sank Tuesday, along with the broader market, following two disappointing reports on the economy.

MetLife Inc., the largest U.S. life insurer, said Thursday it has started to offer its shareholders the ability to exchange all or some of their stock for a newly created class of Reinsurance Group of America Inc.

Shares of major insurance companies traded mostly lower Monday, as investors appeared to start a new week with uncertainty following fluctuating second-quarter earnings reports last week.

MetLife, the largest life insurer in the United States, said on Tuesday its second-quarter profit fell as investments took a hit, missing Wall Street expectations and sending shares down nearly 10 percent.

MetLife,the largest life insurer in he United States by assets, said on Thursday first-quarter net income fell 37 percent, hurt by investment losses.

Goldman Sachs said Tuesday it selectively upgraded shares of some brokers and asset managers, but remains cautious on stocks of regional banks, mortgage and specialty finance companies and real estate investment trusts.