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KENTUCKY CENTRAL LIFE INSURANCE COMPANY ISSUES STATEMENT CONCERNING CHARGES OF RACISM

 KENTUCKY CENTRAL LIFE INSURANCE COMPANY
 ISSUES STATEMENT CONCERNING CHARGES OF RACISM
 LEXINGTON, Ky., Jan. 22 /PRNewswire/ -- In an Associated Press release that appeared in the Santa Fe "New Mexican" on Jan. 17, 1992, it was reported that the New Mexico State Corporation Commission Chairman, Eric Serna, accused Kentucky Central Life Insurance Company (NASDAQ: KENCA) of "blatent, discriminatory, racist policy," claiming it only sells policies to individuals who can speak fluent English.
 In a statement issued today, W.E. Burnett, Jr., chairman of the board and president of Kentucky Central, denied that the company's underwriting practices are discriminatory or racist.
 Kentucky Central does not discriminate against Hispanics or any other minority. "We have a large number of general agents, agents and employees of Hispanic origin of whom we are justifiably proud, and we have thousands of policyholders of Hispanic and other minority backgrounds," Burnett said. "We take strong exception to any suggestion that we engage in any discriminatory practices in New Mexico or any other state where we conduct business."
 -0- 1/22/92
 /CONTACT: Brent A. Clay, Vice President, Kentucky Central Life Insurance Company, 606-253-5271/
 (KENCA) CO: Kentucky Central Life Insurance Company ST: Kentucky IN: INS SU:


DF -- CH006 -- 2227 01/22/92 11:15 EST
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Publication:PR Newswire
Date:Jan 22, 1992
Words:206
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