I have to Insure him otherwise I'm racist?!?

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I work in an insurance office. The other day a man came in from another agents office saying he wanted to transfer to our agency (same company though) because my office is closer to his house. This man is ina wheelchair. I don't get thhe crepps easily, but this guy gave me the heebies. He has over 20 rental properties of which only 7 are insurable because of the condition of the places, plus he wanted to transfer his Corvette, Escalade,and Cargo van. He also had the title to a Mercedes he had just purchased and the deed to another rental property he wanted insured NOW. I told him the transfer would take a week, and it is best to go to his current agent to get the coverage on his new purchases. He wanted to wait til it could come on my office. So I started making necessary copies and noticed his new property was purchased for $1 in a drug infested area of town. I asked him about it, and he told me the property was acquired because the owner owed him debt. I asked for leases on the other properties and he couldn't provide them because aas he put it "I rent on a month to month cash only basis, and I collect door to door because they're all crack heads." I had him sign the transfer form and he asked if he could pay his current bill in my office. I said yes, looked uo his billing #, told him it was almost $500. He whipped out a wad of cash like I had never seem in my life! Asked for change for a $100, I told him we don't keep cash in the office as I had been robbed at gunpoint twice. No problem, he paid a little extra. The whole deal seemed shady to me. After he left I called his current agent, who told me this guy was all mine, he had ended up with him as a transfer from yet another agent. I called the original agent and we had a three way call with the district manager.Seems this guy is intimidating and abuse toward staff and when the original agent attempted to cancel him ( he always pays late too) the guy made a big fuss saying our company was being racist and no matter what the legal department tried it appears we are stuck with him. I was telling this to my FIL who is a newly retired Sargeant in the narc unit. I didn't give the guys color or name and my FIL told me who I was talking about! Seems this guy is a huge drug dealer and the cops haven't been able to pick him up because he leaves no srt of paper trail and never seems to have the "goods" on him. My FIL told me this guy has a terrible temper and I shouldn't feel safe with him in my office. I took this back to my boss, I understand drug dealer or not everyone is entitled to insurance. SO now the legal dept. is involved again because I don't want to take him. Sorry this is so long. SO do I just take his business and let it drop? Or do I continue to fight it and risk the legal repercussions of getting the "race card" played on me? I'm so frustrated...