OHIO: CINCINNATI LIFE SETTLES SUIT OVER DISCRIMINATORY PRICES.Cincinnati Life Insurance Co. has agreed to a multi-state settlement of allegations a predecessor company charged African-Americans higher premiums than whites from 1947 to 1968, Ohio Insurance Director Ann Womer Benjamin Ann Womer Benjamin is an American politician of the Republican party in Ohio. Benjamin currently serves in the Cabinet of the Governor of Ohio (Robert A. Taft II) as director of the Ohio Department of Insurance. announced Jan. 26. She said the settlement could reach $1.9 million and she expects it to be adopted by other state regulators. The case involved some 8,000 customers who bought "burial" or "industrial" life insurance policies from Inter-Ocean Insurance Co., which was acquired by Cincinnati Financial Cincinnati Financial Corporation (NASDAQ: CINF) offers property and casualty insurance, its main business, through The Cincinnati Insurance Company, The Cincinnati Indemnity Company and The Cincinnati Casualty Company. Corp. in 1973 and merged into Cincinnati Life in 1988. Womer Benjamin said Cincinnati Life reported the discriminatory practices of Inter-Ocean and cooperated in the investigation. The company agrees to pay African-American policyholders or beneficiaries $75 apiece a·piece adv. To or for each one; each: There is enough bread for everyone to have two slices apiece. [Middle English a pece : a, a; see a or the amount they were overcharged for their policies, plus interest. Coinciding with the settlement with the state, a Butler County Butler County is the name of eight counties in the United States:
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