Contact Us

PW Case Review Form
*    Denotes required field.

   * First Name 

   * Last Name 

   * Email 

Phone 

   * Please describe your case:

What injury have you suffered?

For verification purposes, please answer the below question:
+
=

No Yes, I agree to the Parker Waichman LLP disclaimers. Click here to review.

Yes, I would like to receive the Parker Waichman LLP monthly newsletter, InjuryAlert.

please do not fill out the field below.


N.C. To Get Part of Metlife Settlement

Sep 30, 2002 | Charlotte Business Journal N.C. Insurance Commissioner Jim Long says that MetLife has agreed to a settlement addressing past racially discriminatory practices in the sale of life insurance.

These practices, Long says, involved limiting the amount of coverage and charging minority and poor policyholders significantly higher premiums than comparable policies held by other segments of the population.

MetLife, based in New York, came under scrutiny by the N.Y. Insurance Department during an examination into its past race-based underwriting practices. The department reached a settlement agreement with the company in which all affected policyholders in other states — including North Carolina benefit from the agreement.

North Carolina has a total of 53,523 policyholders affected with a total of $3.8 million in settlement benefits.

The total settlement with MetLife has benefits estimated as high as $160 million.

Related articles
Parker Waichman Accolades And Reviews Best Lawyers Find Us On Avvo