NU Online News Service, March 19, 5:36 p.m. — Atlanta
Examinations have found life policies sold using race-based underwriting or pricing practices on the books of at least 40 U.S. life insurers, according to Texas Insurance Commissioner Jose Montemayor.
Montemayor told regulators and others here for the spring meeting of the National Association of Insurance Commissioners, Kansas City, Mo., that regulators working on the race-based sales issue have completed examining 35 companies.