A 20-year-old class action lawsuit filed by 11 former insurance agents against Bloomington, Ill.-based Country Companies Insurance will soon be settled with no admittance of wrongdoing. The former agents filed a suit in 1981 stating that Country Companies violated their contracts by reassigning policies to other agents, an action that caused them to lose income.
Agents employed between October 1971 and June 1981 are covered by the class-action lawsuit. Cost of the settlement remains unknown as people affected by the suit have until Oct. 4 to make a claim.
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