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Article

6 Apr 2006

Author:
Sherri C. Goodman, Birmingham News [USA]

Judge sets Liberty National settlement - Families sued over prices for burial policies [USA]

Birmingham's Liberty National Life Insurance [part of Torchmark] said Wednesday a federal judge has approved a $6 million settlement of a class-action lawsuit that contended the company charged black policyholders higher premiums for burial insurance. The class consisted of about 2,000 people who said their family members paid more for industrial life insurance, or burial policies, than white customers...