Judge OKs Toledo Nationwide settlement

September 03, 1998
A judge has approved a $5.3 million settlement of a lawsuit that accused Nationwide Insurance Co. of discriminating against homeowners in minority neighborhoods.
     The 1993 lawsuit filed by the Toledo Fair Housing Center and
homeowners alleged that Nationwide didn't return phone calls to discourage homeowners in black neighborhoods from buying insurance.
     Mortgage lenders require property and hazard insurance on mortgaged property before approving loans. Nationwide denies the discrimination charge, but said it agreed to a settlement to avoid a legal battle.