Bloomberg News
Benjamin Lawsky, superintendent of New York's Department of Financial Services, made a case that price gouging drove up the cost of insurance for both homeowners and investors.

Assurant Halts Bank Commissions In New York Force-Placed Settlement

To settle a New York state probe of alleged collusion and price gouging by banks and insurers, the country's largest force-placed insurance company will lower its rates and cease making payments to banks.

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