A U.S. District Court Judge on Tuesday ordered MetLife Inc. to respond to charges that it consistently charged black Americans higher premiums than whites for low cost life insurance and burial policies.
By failing to grant MetLife’s request to dismiss the suit, the judge opened the way for an examination of MetLife’s premium policies going back many years, and may well validate the discrimination claims.
Prudential faces a similar suit in New Jersey, and American General earlier agreed to a settlement which would provide up to $206 million in refunds to policyholders.
Topics Lawsuits
Was this article valuable?
Here are more articles you may enjoy.
Q4 Global Commercial Insurance Rates Drop 4%, in 6th Quarterly Decline: Marsh 
BMW Recalls Hundreds of Thousands of Cars Over Fire Risk 
Insurance Issue Leaves Some Players Off World Baseball Classic Rosters 
The $3 Trillion AI Data Center Build-Out Becomes All-Consuming for Debt Markets 
