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Life insurance provider Unitrin Inc. will pay $27 million to clients overcharged because they were black, according to a class action settlement reached Thursday. The money will go to about 467,000 people who held policies sold from the Depression era through 1970. Chicago-based Unitrin is the third insurer to enter into a nationwide settlement of allegations of race-based life insurance pricing.
May 03, 2002 at 12:00 AM
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The original version of this story was published on Law.Com
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