Forty-five Armenian-Americans have filed a class action lawsuit against New York Life Insurance Company over unpaid life insurance policies that date back nearly 100 years. The policies were taken out by their ancestors -- who were killed by Turkish forces between 1915 and 1922. New York Life says it's paid the appropriate policies. Nevertheless a settlement is expected to be announced. The case has similarities to those involving unpaid policies taken out by victims of the Nazi Holocaust -- and could lead to other reparations. American Radio Works' Michael Montgomery reports.
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