SOUTHFIELD — Metro Detroit Armenian Americans expect to learn within two months if they may share in a recent $10-million settlement related to life insurance policies taken out before the 1915 Armenian Genocide. There are 40,000 Armenians living in Metro Detroit, the third-largest Armenia population in the country. Many will gather this month to commemorate […]
GLENDALE - In 1910, Setrak Cheytanian bought an insurance policy from New York Life Insurance Co. as a way to provide his family with some financial security in case something happened to him.He died five years later during the massacre of thousands of Armenians in Ottoman Turkey, but the claim went unpaid. Now, nearly a […]
Company to pay Armenian claimants Life insurance policies were bought by relatives nearly a century ago An American life insurance company that has fought efforts by ethnic Armenians to collect on policies issued nearly a century ago said Wednesday it had reached a settlement with beneficiaries.The multimillion-dollar settlement, which must be approved in court, could […]