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---South Africa Partners honors
Archbishop Desmond Tutu
South Africa Partners has announced the Desmond Tutu
Award, which will be presented to 2002 recipient, Archbishop
Emeritus Desmond Tutu. In subsequent years, the award
will be given to an individual who best exemplifies
the Archbishop's devotion to peace, justice, and a human
rights culture. The Honorary co-chairs, to be in attendance,
includes: Sheila Sisulu, South Africa's Ambassador to
the United States, Harry Belafonte, Actor and Ms. Kerry
Kennedy Cuomo, Author. South Africa Partners (SA Partners)
is a non-profit organization dedicated to the establishment
of mutually beneficial partnerships between the United
States and South Africa, in the areas of health, education,
and economic development. For more information, contact
Mary Tiseo: 617/482-1317.
---Juneteenth: United Way of Metropolitan
Atlanta African American Initiative --- The
United Way of Metropolitan Atlanta African American
Initiative has announced its Juneteenth Celebration
to be held on Saturday, June 15, 2002 (Noon to 6 pm)
at MLK Park, 450 Auburn Ave. (behind Ebenezer Baptist
Church). FYI -- Slaves in Galveston, Texas, did not
know they were free until June 19th, 2 ½ years
after the Emancipation Proclamation. Since then, they've
been celebrating freedom on June 19 (Juneteenth). Juneteenth
is a national holiday in Texas and Oklahoma. It's considered
the Independence Day for all African Americans. There's
a movement to make Juneteenth a national holiday. For
more information, call 404-527-7234. Stay tuned for
more 'Juneteenth' information on www.unityfirst.com.
And also send in your Juneteenth announcements.
---Schomburg Center Adds to Its
Slavery- Era Research Materials---New York
Life Insurance Company and The Schomburg Center for
Research in Black Culture jointly announced the donation
to Schomburg of New York Life's original, 155-year-old
archival records of insurance policies sold to owners
of slaves."We are grateful to New York Life for
understanding the importance of its archival material
to all those who wish to gain a greater understanding
of slavery in America," said Howard Dodson, chief
of the Schomburg Center, a Manhattan-based affiliate
of The New York Public Library. "The company's
openness about this history is laudable, and now in
partnership with the Schomburg Center this material
will be available to genealogists, historians and the
general public. This is another step forward for research
of an important period in our nation's history."Sy
Sternberg, chairman, president and chief executive officer
of New York Life, said, "While we profoundly regret
that our predecessor company, Nautilus Insurance Company,
was associated in any way with the institution of slavery,
we understand the historical value of our archives.
It is only through scholarly research and education
that all Americans can begin to understand the effects
of slavery on American society, and New York Life appreciates
the opportunity to work with the Schomburg Center to
ensure that these documents are accessible to all who
wish to study this period of history."New York
Life's archives show that Nautilus wrote policies on
the lives of slaves in 1846 and 1847. The trustees of
Nautilus voted to end the practice of writing those
policies in 1848, more than a dozen years before the
Civil War.The Schomburg Center is located on Malcolm
X Boulevard and 135th Street in New York City.
---Unitrin reaches agreements to
settle race-based underwriting issue---Unitrin,
Inc. has announced an agreement to resolve issues relating
to the use of race decades ago as a factor in the underwriting
and pricing of life insurance by certain Unitrin subsidiaries.
The agreement will provide additional benefits to African-American
and other minority policyholders with racially-underwritten
policies and will resolve all pending class action lawsuits
on this issue, as well as other issues in the litigation
unrelated to race-based underwriting. The settlement
provides a minimum of $33 million in benefits to class
members. The agreement was reached with attorneys representing
affected policyholders and is subject to approval by
an Alabama state court. The Unitrin subsidiaries covered
by the settlement are United Insurance Company of America,
The Reliable Life Insurance Company and Union National
Life Insurance Company.The long-abandoned industry practice
of using race as an underwriting factor meant that African
Americans and other minorities with affected policies
paid higher premium rates than whites. This practice
was based on decades-old actuarial tables that indicated
a shorter life expectancy for African Americans as a
group.If policyholders believe they may be affected
and have questions, they can contact the United Insurance
Settlement Administration Center at 1-877-347-4719.
Unitrin's family of insurance and finance companies
serves the basic financial needs of more than 6 million
policyholders and consumer finance customers in select
markets throughout the United States. Unitrin is one
of America's leading financial services providers, specializing
in property and casualty, life, health and accident
insurance, as well as a variety of consumer finance
products.
---New Study of high cost home lending
reveals widespread racial disparities---"Risk
or Race," the first comprehensive report to rank
all 331 metropolitan areas in the nation based on differences
in subprime lending between whites, blacks and other
minorities, uncovers widespread racial disparities nationwide.
The California Reinvestment Committee (CRC), the state's
largest CRA advocacy coalition, points to the study's
California findings as confirmation of its own analysis
of the dual lending system. In Stolen Wealth: Inequities
in California's Subprime Mortgage Market, CRC documented
the two-tier lending system that provides higher cost
credit to low-income, senior, and of color borrowers.
The advocacy group cites CCC's latest findings as further
evidence of the need to push for strong federal, state
and local legislative measures to restrict predatory
practices, and to encourage community groups to develop
partnerships with financial institutions to proactively
fight these wealth-stealing practices. The newly completed
Center for Community Change study contains some startling
statistics: 1) The six cities in the nation with the
highest disparity ratios for subprime refinance loans
between upper-income Hispanics and lower-income whites
were all in California. #1 is Salinas, where upper-income
Hispanic homeowners were 2.21 times more likely to receive
subprime refinance loans than whites.2) African-American
homeowners in San Francisco were 2.34 times more likely
to receive a subprime loan when they refinanced their
homes in 2000 than lower-income white borrowers. This
was the highest disparity ratio in the nation for upper-income
Blacks as compared to lower-income whites. San Diego
ranked #3 nationwide on this measure. For more information
about the CCC study, please contact Leila McDowell at
202 339-9329.
---Third annual R&B/Hip Hop Conference---
American Urban Radio Networks (AURN) has announced an
exciting new alliance with Billboard Magazine to present
the Third Annual Billboard/AURN R&B Hip Hop Conference
and Awards, August 7-9, 2002 at the Eden Roc Resort
in Miami Beach. This extraordinary conference will include
the biggest, and the hottest names in the business in
exciting panel discussions, artist showcases, and live
performances.
---Lupus report--
The Centers for Disease Control and Prevention released
a report on May 2, 2002 that shows a 60 percent increase
in deaths over a twenty-year period resulting from systemic
lupus erythematosus (SLE), a disease affecting at least
1.4 million Americans that causes the immune system
to attack the body's own cells and organs. The report's
most disturbing findings were that the death rate among
black women ages 45-64 years increased 69.7 percent
and that more than one-third of all deaths resulting
from SLE occurred among persons less than 45 years of
age. Approximately 80 percent of new cases of SLE develop
among women in their childbearing years, and lupus is
up to three times more common among African-American
women than among Caucasian women.
---Radio One, Inc. acquires WHTA-FM
in Atlanta---
Radio One, Inc. announced today that it has completed
the acquisition of WHTA-FM (formerly WPEZ-FM). Commenting
on this acquisition, Radio One CEO and President Alfred
C. Liggins, III said, "This LMA and subsequent
acquisition have given us a very significant presence
in one of the largest and fastest growing markets in
the U.S. Atlanta is a great urban radio market and our
four station cluster allows us to deliver diverse programming
to our listeners and a wide cross- section of consumers
to advertisers. Furthermore, the recent ratings gains
on these stations have been nothing short of amazing.
With our ratings share almost three times that of our
revenue share, our prospects in Atlanta are phenomenal!"
---Job Opportunity of the Week---
The Wellesley College Center for Women in Wellesley,
MA has two open positions: Research Associate and Research
Administrator. If interested, send an email to working@wellesley.edu.
--Resource search---
Do you know of undergraduate nursing program that may
have full or partial scholarships available for college-bound
, Black women who have graduated with honors from their
high schools? If you know of a resource, send it to:
editors@unityfirst.com.
Thanks for reading Unity First Online. If you know
of people who should receive Unity First Online, please
encourage them to sign up for the newsletter via www.UnityFirst.com.
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