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June 2, 2001 | LIZ PULLIAM WESTON, TIMES STAFF WRITER
State Insurance Commissioner Harry Low warned insurers Friday that they will be held financially accountable for past race discrimination in the sale of life insurance in California and nationwide. Insurers that charged minorities higher premiums than those paid by whites must make financial amends, Low told a group of consumer and minority activists at a hearing at West Angeles Church of God in Christ. "Even though the discrimination has ended, that's not enough," Low said.
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BUSINESS
June 2, 2001 | LIZ PULLIAM WESTON, TIMES STAFF WRITER
State Insurance Commissioner Harry Low warned insurers Friday that they will be held financially accountable for past race discrimination in the sale of life insurance in California and nationwide. Insurers that charged minorities higher premiums than those paid by whites must make financial amends, Low told a group of consumer and minority activists at a hearing at West Angeles Church of God in Christ. "Even though the discrimination has ended, that's not enough," Low said.
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