Law360, New York (October 02, 2009) -- Life insurance settlement broker Coventry First LLC says it will pay $10.6 million to the state of New York — and another $1.4 million to consumers — to settle a suit from the state attorney general's office alleging deceptive business practices.
Then-Attorney General Eliot Spitzer sued Coventry, an affiliate of The Coventry Group Inc., in 2006, accusing the company of deceiving life insurance policyholders to buy their policies at lower than...
