NU Online News Service, Nov. 6, 1:59 p.m. – The New York State Insurance Department says it believes companies that are now part of Phoenix Life Insurance Company, Hartford, subjected non-white policyholders to discriminatory practices decades ago.
Department investigators concluded that no further action should be taken, because they found no evidence that any recent policyholders were affected, the department says.
Investigators found that non-white customers paid higher rates for insurance from the companies examined and were sold only lower-value policies, the department says.
