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Nationwide Mutual Insurance Reaches $6 Million Settlement

The class action lawsuit brought against Columbus-based Nationwide Mutual Insurance Co., in 2005 has been settled with the reported agreement of a $6 million payout by Nationwide.

The suit alleged that Nationwide had overcharged as many as 200,000 customers for life insurance policies issued between 1990 and 2006.

APRIL-16-09: Nationwide settles suit over insurance charges [AP: NATIONWIDE MUTUAL INSURANCE SETTLES CLASS ACTION]

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Last updated on Apr-16-09