NU Online News Service, Dec. 16, 2004, 6:22 p.m. EST
A Minneapolis fraternal insurer has agreed to settle a class-action suit involving the sale of interest-sensitive life insurance policies.[@@]
Thrivent Financial for Lutherans, Minneapolis, says a settlement agreement has received preliminary approval from the U.S. District Court in Minnesota.
Thrivent was formed in 2002 from the merger of Aid Association for Lutherans and Lutheran Brotherhood.