Metropolitan Life Will Pay To Ohio Customers. Metropolitan Life Insurance Co. will pay $8.6 million to nearly 98,000 Ohio customers who were discriminated against because of their race, under an agreement signed Friday by the director of the Ohio Department of Insurance.
The agreement settles a five-state class-action lawsuit that accused the New York-based insurer of charging blacks and other minority customers higher premiums for less insurance coverage than it charged whites.
CUSTOMERS WHO BOUGHT POLICIES FROM 1901-1972 MAY RECEIVED CASH AWARDS
Minority customers who bought policies from 1901-1972, or their families, may be eligible for cash awards, said Insurance Director Lee Covington.
MetLife also is making a $5 million donation to the United Negro College Fund and is conducting a $6 million outreach campaign to let people who may be eligible for compensation know about the settlement, the insurance department said.
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