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January 10, 2012
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Big Banks Face Inquiry Over Home Insurance

by The New York Times - Jan 10,2012

A New York State financial services agency is investigating several large banks to see whether they fraudulently steered homeowners into overpriced insurance policies. The investigation centers on so-called force-placed insurance that has become increasingly common since the downturn of ... [full story]

Insurance Jobs Inch Upward

by Insurance Networking News - Jan 10,2012

The U.S. insurance industry saw a 3.3 percent increase over November’s jobs figures, adding 3,300 jobs in December, according to the U.S. Bureau of Labor Statistics. The BLS report notes that in November, the industry lost 100 jobs, and ... [full story]

Recession Holds Down Health Spending

by The New York Times - Jan 10,2012

WASHINGTON — National health spending rose a slight 3.9 percent in 2010, as Americans delayed hospital care, doctor’s visits and prescription drug purchases for the second year in a row, the Obama administration reported Monday. The recession, which lasted ... [full story]

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